Sample letter to the Bank Manager for cancelling overdraft facility

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 a person wishes to cancel his overdraft facility, he may request the Bank Manager to cancel the overdraft facility. This is a simple request letter to a Bank Manager for cancelling 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 cancellation of Overdraft facility

                            

Dear Sir/Madam,

                              I have a current account with [Account number] in your esteemed bank since [Date]. I am thoroughly satisfied with the services of the bank.

                                 My account has an overdraft facility for 2 lakhs for a period of two months. After the completion of the duration, I would like to cancel my overdraft facility after repaying the necessary amount. Hence, I request you to look into the matter and do the needful.

                              This is for your kind information and necessary action.

                                                                                                          Yours faithfully,

                                                                                                          Your name

                                                                                                          Your address

Date:
Place:

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