Sometimes you have to close your bank account for various reasons. You need to draft an application for closing your bank account properly. Along with it, you need to attach a few important documents as well. This article let us learn how to write an application for closing a bank account, the guidelines to be followed and a few sample letters to understand the topic in depth. So, see below 11 easy samples of application for closing bank account.
Format Of Bank Account Closing Application:
You need to compose an application to the bank office administrator to close your record and you need to connect your checkbook, passbook, and ATM card alongside this application. You can likewise move the financial balance to another branch without shutting it. For the most part, the bank will take around 5 to 10 days to close it.
If any application is composed without help from anyone else, at that point it is consistently a decent practice however because of the absence of time, It isn’t feasible for us to compose an expert application. In this way, just to save you time we have made a few examples of ledger shutting letters for you which will make your work simpler.
Probably the most widely recognized reasons that account holders generally close their ledgers, for example, individual reasons, moving to different nations, impolite bank representatives, untrustworthy financial frameworks, a high premium on credits, or Internet banking issues.
In this article, we are going to discuss how to write a bank account closing letter in a proper format. People who do not know how to write a closing letter, need not worry about it. Read the complete article here and get to know how to write such letters.
Bank Account Closing Letter Format:
The format of the bank account closing letter should include the below-given details:
- Addressing the Branch manager
- Name and address of the bank
- Date
- Subject line
- Salutation (Sir/Madam)
- Body of the letter
- Thank you
- Closing with yours Sincerely, truly, etc.
- Name and Signature
Sample 1:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Respected Sir/Madam,
With due respect, I Beg to say that I hold a savings account in your branch and I want to close this account due to some personal reasons with immediate effect. Details of the account are as under –
- Account Holder Name:
- Account No:
- IFSC Code:
- Current Balance:
Kindly close my above-mentioned account and hand over the balance amount in cash. I will be thankful to you.
Yours Faithfully,
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 2:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Dear Sir/Madam,
I am [Your Name], and I would like to close my bank account for account number XXXXXXXX with your bank. The account has been inactive for some time now, and I no longer have any use for it.
I would appreciate it if you could process my request to close my account as soon as possible. I have attached all the necessary documents that are needed to close the account.
Thank you for your time and attention.
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 3:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Dear Sir/Madam,
I humbly request that I be an account holder with [Account Holder Name] in your bank for some years. For some reason, I want to close my bank account. My account number is _____ (Bank Account Number) and my ATM number is ____ (ATM Number).
Therefore, you are requested to kindly close my account and return my outstanding amount to me. I will always be grateful to you. Your kind co-operation in this regard will be highly appreciated.
Thanking you.
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 4:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Dear Sir/Madam,
I, [Your Name], have a savings account with the account number [Your Account Number] at your branch. Due to a personal move to another city, I would like to close this account and withdraw the balance amount. I request you to expedite the process as I will be relocating soon.
Enclosed are the bank passbook, identification, and address proof for your reference.
Thank you for your assistance.
Yours sincerely,
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 5:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Sir,
I am [Your Name], and I hold a Current Account in your bank. I have not been able to maintain the account for a few months now due to some personal reasons, so I would like to close the account. I am enclosing the account passbook along with this letter. Kindly do the needful and initiate the closing process as soon as possible.
Thanking you.
Yours faithfully,
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 6:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Dear Sir/Madam,
I am writing this letter to formally request the closure of my bank account with [Bank Name]. After careful consideration and evaluation of my financial requirements, I have decided to discontinue my banking services with your esteemed institution.
I kindly request your assistance in initiating the necessary procedures to close my account as per the policies and guidelines.
Below are the details of my bank account:
- Account Holder’s Name: [Your Full Name]
- Account Number: [Your Account Number]
- Account Type: [Savings/Current/Other]
I would like to request a written confirmation of the account closure once the process is completed. Kindly provide me with an official statement stating that the account has been closed, along with a zero balance verification. Should you require any further information or documentation from my end to expedite the account closure process, please do not hesitate to contact me via the contact details provided below.
Thank you for your attention to this matter. I look forward to your prompt action and the closure of my bank account. I appreciate your cooperation throughout this process.
Yours Sincerely.
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 7:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Dear Sir,
I hold an account with the account number [Your Account Number] at your bank. I have been relocated to another city, and so I need to close the account as it would be inconvenient to manage it from afar. Please clear all pending transactions and transfer the remaining balance to my other account (Account number: [Your Other Account Number]).
Thank you in advance.
Yours sincerely,
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 8:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Dear Sir,
I, [Your Name], hold a Savings Account in your bank. Due to some personal circumstances, I am unable to maintain the account and would like to close it. Please find the account passbook enclosed with this letter. I request you to initiate the account closure process at the earliest.
Thank you for your cooperation.
Yours sincerely,
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 9:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Dear Sir/Madam,
My bank’s savings account number is XXXXXXX. I’m now unable to keep this account going. Therefore, I respectfully ask that you terminate the account and credit the money to my cash or debit card.
Thanking you,
Yours sincerely
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 10:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Sir/Madam,
I hold Account No. XXXXXXXX with your Branch and presently I am not able to maintain this account due to some personal issues. I request you to please close my savings account and not proceed with any transactions. I will be returning my passbook, checkbook, and cards along with my application.
Kindly close my bank account and transfer the balance amount to the below-mentioned account details. It would be highly appreciable if you do the needful to initiate the process as soon as possible.
Thanking You
Yours Sincerely
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
Sample 11:
To,
The Manager,
[Name Of The Bank],
[Name Of The Branch],
[Branch Address]
[Date]
Subject: Application For Closing Bank Account
Dear Sir / Madam,
I would like to request you to please close my savings bank account with your bank. The account number is XXXXXXXXX. This request is because I am no longer using this account, and it has been inactive for some time.
I would appreciate it if you could process this request as soon as possible. Please let me know if you need any further information from me.
Sincerely,
Name: [Your Name]
Account No.:
Address:
Mobile no:
Your signature
Download Application In MS Word File
FAQ:
Q. How do I write a letter to close my bank account?
A. You have to address the letter to the branch manager of the respective bank. Start with the correct address of the bank, subject, salutation, body of the letter stating the reason for the closure of the bank account, complimentary closing, signature, and name. Make sure you provide the exact account number and other details necessary accurately.
Q. How can I close my bank account permanently?
A. To close your bank account permanently, you have to visit the bank and enquire about the process of closing a bank account and then write a letter to the branch manager providing the reasons for closing the account. Also, provide the required documents for proof and verification.
Q. Is it required to write a letter to close a bank account?
A. Writing a letter to the manager and asking him to permanently shut your account is a simple and safe method.
Q. How long is the time frame for closing a bank account?
A. It entirely depends on your bank, to be honest. You can ask the bank manager to finish this task as quickly as feasible. But it only takes five to 10 days at most.
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