Sample letter of a formal request to the Bank Manager for extending the period 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. Once the period of the fixed deposit terminates, one may wish to continue with the fixed deposit for its various advantages. Under such circumstances, 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 requires it. This is a simple request letter to a Bank Manager for extending the period of fixed deposit. The article addresses the question of properly presenting the request to the concerned person.



To
The Bank Manager
Bank Name,
Branch Name
Address of Bank

 Sub: Application for extending the period of fixed deposit

Dear Sir/Madam,

                              I hold a savings account in your [Bank name, Branch name] which is [Savings Account Number].The maturity date of my Fixed Deposit is very near and I would request you to kindly extend by 3 years, the period of the Fixed Deposit in your bank, the details of which are given below.

FD opening Date:
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 amount along with the applicable rate of interest to my above mentioned savings account after maturity, at the earliest.

                                Hoping for a favorable consideration. Thanking you in anticipation.

                                                                                                          Yours faithfully,



                                                                                                           Your name
                                                                                                           Your address



Date:
Place:


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