Write a letter to the Bank Manager for renewal of overdraft facility



Overdraft facility from a bank allows a customer some breathing space and not to bother about fund for a particular period of time. With a booming business, it is only but natural to ask for a renewal of overdraft facility. A letter of request has to be communicated to the bank for renewal of overdraft facility. This is a simple request letter to a Bank Manager for renewal of 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 renewal of Overdraft facility
                            
Dear Sir/Madam,

                              We are an old customer 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.

                              Currently, we have an arrangement of overdraft facility of three lakhs for a period of six months with your esteemed bank. Keeping in mind our growing business, we would request you to renew our overdraft arrangement for another six months. If need be, we can arrange for savings certificate as security deposit.

                              We look forward to a quick response from your end.


                                                                                                          Yours faithfully,

                                                                                                          Your name
                                                                                                          Your address

Date:
Place:

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