Write a letter to the Bank Manager for overdraft facility

When a person withdraws fund from a bank account resulting in zero balance due to excess withdrawal, the situation results in an overdraft and the account is said to be overdrawn. An overdraft facility allows an individual to draw money from the bank even if his account does not have sufficient fund or no fund at all, up to a predefined limit. If it is known earlier that such a situation is going to arise in near future, it is better to request to the Bank Manager for overdraft facility for a certain period of time. This is a simple request letter to a Bank Manager for overdraft facility. The article addresses the question of properly presenting the request to the concerned person. The letter can be modified according to the need and preference.

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

Subject: Request for Overdraft facility

                            

Dear Sir/Madam,

                              We are on the oldest customers of the bank with more than seven years of association. We maintain a current account with [Account number] since [Date]. We are thoroughly satisfied with the services of the bank.

                              We would request you to provide us with an overdraft facility for 2 lakhs for a period of four months. After that, we would be in a position to repay the necessary amount. If need be, we can arrange for savings certificate as security deposit. It would be a kind gesture on your part if you could clear the matter at the earliest.

                                      This is for your kind information and necessary action.

                                                                                                          Yours faithfully,

                                                                                                          Your name

                                                                                                          Your address

Date:
Place: