Application For Closing Bank Account: Check Documents Required, Letter Format And Samples

Application For Closing Bank Account: The important details and samples for the application for closing a bank account are added in this application for closing bank account article. Do you hold a bank account that is either that you are unable to keep up or not used? For that, you want to close your bank account. That is not so much difficult to close the bank account. You can refer to this application for closing bank account article to know how to close a bank account simply. So for closing a bank account, all you need to do is to write a request letter to the bank manager by referring to this application for closing bank account post. So hereby referring to this application for closing bank account article and application for closing bank account format and samples, you will come to know how to close a bank account that is inactive or not able to maintain. We are provided detailed clarification about the format and samples for the application for Closing Bank Account in this application for closing bank account post. Those who want to close their bank account due to some reasons can utilize this application for closing bank account article to know the exact application for closing bank account format and application for closing bank account samples. 

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Why Should Close A Bank Account?

In this application for closing bank account, we have added some of the reasons why should close a bank account. Different persons have different reasons and motives for closing a bank account. The most common reasons for closing a bank account are added in this application for closing bank account article. The most frequent reasons for closing bank account are inadequate service or response, excessive fees, use of online services, etc. And also other reasons can include you can’t keep up with the account or need the money, or just want to open a new account.

Closing the bank account has additional situations too. It can be the bank may slam your bank account because if it has been inactive for a very long time, if you maintained zero balance over a period of time, if you have too many bounced checks or overdrafts, or if you have been subjected to identity theft, etc. To know more information regarding the application for closing bank account, application for closing bank account format, and application for closing bank account samples, you can exploit this application for closing bank account post. 

 

Documents Required To Close A Bank Account

Here we have given the information regarding the documents required to close a bank account in this application for closing bank account article. You can go through this application for closing bank account post, to check the application for closing bank account format, application for closing bank account samples, and the documents needed to close a bank account. To terminate a bank account, you must give certain items to the bank that are highly needed. For example,

  • Account Number in a bank.
  • Name of the account holder.
  • The account holder’s signature.
  • Original bank account passbook.
  • Paycheck Book (If Issue).
  • An ATM Card (If Issue).
  • Identify Evidence (Ex. Aadhar Card, Pan Card, Voter ID Card, Driving License).
  • The Address Is (Ex. Aadhar Card, Voter ID Card)

If you have the above items in hand, you can be able to close a bank account without any queries in your local branch of the bank. As many banks impose “account closing costs.” for closing a bank account, you could also have to pay for it. 

 

Application For Closing Bank Account: Format of A Letter

You can check the format of a letter for the application for closing bank account in this application for closing bank account format article. You should submit this application for closing bank account format letter in the local branch of the bank while closing a bank account. The application for closing bank account format should be, 

 

The Branch Manager

Name of the Bank

Bank Address

dd/mm/yy

Sir/ Ma’am,

Body of the letter

Thanking you

Yours faithfully,

Signature of the Account Holder

Name of the Account Holder

 

Application For Closing Bank Account Samples

We have provided some of the application for closing bank account samples in this application for closing bank account article. Those who need to close a bank account can refer to this application for closing bank account samples which is added in this application for closing bank account article. 

Application For Closing Bank Account: Sample 1

To

The Branch Manager,
Bank Name,
Branch Name,
City.

30/11/2023

Subject: Closing of Bank Account-A/C-XXXXXXX

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 –

  1. Account Holder Name –
  2. Account No – XXXXXXXX
  3. IFSC code – XXXXXX
  4. Current Balance – Rs. XXXXX.XX

Kindly close my above-mentioned account and hand over the balance amount in cash. I will be thankful to you.

Yours Faithfully,
[Name] [Signature] [Contact Details]

 

Application For Closing Bank Account: Sample 2

To

The Manager

State Bank of India

T Nagar

Chennai – 600054

31/12/2023

Subject: Request to close the account

Sir,

I hold an account with the account number 0305000002356777 at your bank. I have been transferred to Mumbai, so I will have to close the account as I would not be able to access the account. Kindly clear all the transactions with this account and transfer the balance to another account (Account number: 0201000023642365 IFSC Code: SBIL0000707).

Thank you in advance.

Yours sincerely,

Signature

Sara Kiren

 

Application For Closing Bank Account: Sample 3

To
The Manager
Name of the Bank
Name of the Branch
Address of the Branch

Sub: Application to close bank account

Dear Sir/Madam,

My bank’s savings account number is XXXXXXX. Now I am unable to maintain this account. Therefore, I respectfully ask that you to terminate the account and credit the money to my cash or debit card.

Thanking you,

Yours sincerely
[Name] [Signature] [Date] [Mobile No] [Address]

 

Application For Closing Bank Account: Sample 4

To
The Manager,
Bank Name,
Branch Name,
(Full postal address of the branch)
Date-

Subject- Closing of Savings / Current Bank Account

Dear Sir/Madam,

I humbly request that I have been 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.

Yours truly,
Name-
Address –
Mobile No-
Email ID-

 

Application For Closing Bank Account: Sample 5

The Branch Manager

Union Bank of India

Koramangala Branch

Bangalore – 600023.

25th March, 2021

Subject: Closure of savings account

Ma’am,

I am Rudhra, and I have a savings account with the account number 2312000023564932 at your branch. I am moving to Chennai for personal reasons, and so I would like to close my savings account and withdraw the amount. I request you to kindly do the needful and close my account at the earliest as I will be leaving next week.

I am enclosing herewith the bank passbook, the identification and address proof for your reference.

Thanking you

Yours faithfully,

Signature

Rudhaprasad

 

Application For Closing Bank Account FAQs

Q. How to close my bank account?

A. To close your bank account you have to submit the application for closing the bank account to the branch manager in the format mentioned above. 

Q. How much time the bank will take for closing a bank account?

A. It entirely depends on your bank. You can request the bank manager to close your bank account as soon as possible. But it only takes 5 to 10 days at most.

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