Sample letter of a formal request to the Bank Manager against premature withdrawal of fixed deposit

Being a safe bet, fixed deposit is quite popular as a means for investment for a fixed period of time and widely used. However due to unforeseen circumstances, one may have to prematurely close a fixed deposit for urgent need of fund. If and when one decides to break a fixed deposit, the concerned bank has to be notified and requested for the same. Moreover, additional relevant information also has to be provided to the bank as and when the bank requites it. This is a simple request letter to a Bank Manager against premature withdrawal of fixed deposit. The article addresses the question of properly presenting the request to the concerned person.

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To

The Bank Manager

Bank Name,

Branch Name

Address of Bank

Sub: Application against premature withdrawal of fixed deposit

Dear Sir/Madam,

                              I hold a savings account in your [Bank name, Branch name] which is [Savings Account Number]. Due to unavoidable circumstances resulting in urgent need of fund, I would like to request you to kindly allow me a premature withdrawal of the amount of my Fixed Deposit in your bank, the details of which are given below.

Receipt No:

Date of maturity:

Amount:

                               I would be very much happy to oblige any other formalities required by the bank. I would personally visit the bank branch and provide other necessary documents as and when required. In case, the bank requires any other clarification. I can be contacted at [mobile number] or by email [email address].

                               It would be a kind gesture on your part if you could credit the premature amount along with the applicable rate of interest to my above mentioned savings account at the earliest.

                               Hoping for a favorable consideration. Thanking you in anticipation.

                                                                                                     Yours faithfully,

                                                                                                     Your name

                                                                                                     Your address

Date:

Place:

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