Write a letter of request to the branch manager for allowing overdraft facility

 An overdraft facility in a bank account allows you to access to predefined cash in case there is shortage of money in the account. A person with required credentials can apply for the overdraft facility from the branch manager of a bank for this purpose. This is a sample letter to the branch manager for allowing overdraft facility. The letter can be modified according to need and preference.

 

To
The Bank Manager
Bank Name
Bank Address

Subject: request for overdraft facility

Dear Sir/Madam,

                          

I, (Your Name), am a current account holder in your esteemed bank bearing number (Account number). I have had a satisfying professional relationship with your bank since Date1.                            

I am writing this letter to apply for an overdraft facility for this account. Since I am venturing into extending my current business, an overdraft of 5 lakhs for a period of six months would be useful for me at this time.

I am happy to oblige with any other formalities as required by the bank. My shop documents can be kept as security deposit for the proceedings.   

This is for your kind information and necessary action.

                                                                                            Yours truly,

 

                                                                                             Your name

                                                                                             Your address

                                                                                            

Date:
Place:

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 Sample letter of request to Bank Manager for current account overdraft facility