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MANDATE INSTRUCTION (for Current /Savings accounts) Date: ___ Branch Manager The City Bank Ltd. Branch : ___Account Number: Account Title : ___Dear Sir/Madam, Pursuant to the terms and conditions

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How to fill out fixed deposit closing letter

01

Address the letter to the bank manager

02

Include your account details such as account number and type of fixed deposit

03

Mention the reason for closing the fixed deposit

04

Request the closure of the fixed deposit and state the desired mode of payment for the maturity amount

05

Provide your contact details for any further communication

06

Thank the bank for their services

Who needs fixed deposit closing letter?

01

Individuals who want to close their fixed deposit account

02

Individuals who have reached the maturity date of their fixed deposit

03

Individuals who want to withdraw their fixed deposit amount before maturity

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What is fixed deposit closing letter?

Fixed deposit closing letter is a document provided by a financial institution confirming the closure of a fixed deposit account.

Who is required to file fixed deposit closing letter?

The account holder or authorized signatory is required to file the fixed deposit closing letter.

How to fill out fixed deposit closing letter?

The fixed deposit closing letter should include details such as account number, closure date, reason for closure, and signature of account holder.

What is the purpose of fixed deposit closing letter?

The purpose of fixed deposit closing letter is to formally request and confirm the closure of a fixed deposit account.

What information must be reported on fixed deposit closing letter?

The fixed deposit closing letter must include account number, closure date, reason for closure, and signature of account holder.

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