Sample request letter to bank for granting overdraft facility

There may be situation when there is shortage of cash in hand for a particular business or other necessary work. An overdraft facility comes in handy to get predefined cash from bank. For getting an overdraft facility, a person with suitable credentials can apply to the bank manager in this regard. This is a sample request letter to bank for granting 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

 Write a letter to the bank manager to know the outstanding balance in your loan account

Dear Sir/Madam,

I, (Your Name), am a current account holder in your esteemed bank bearing number (Account number). I would take the opportunity to thank you for having a wonderful association for the last ten years.                        

I have decided to expand my current business and that would require an additional fund of five lakh rupees for the purpose. An overdraft of the said sum for a period of six month would be enough to meet my needs.

Therefore, I humbly request you to grant me an overdraft facility associated with this account. Please free to inform me about the kind of security deposit that would be required from my end.

This is for your kind information and necessary action.

                                                                                            Yours truly,

 

                                                                                             Your name

                                                                                             Your address

                                                                                            

Date:
Place:

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