First, let’s get clear about why a bank account closing application is needed. Actually, the purpose of writing an account closure application is that when you don’t want to operate your account in a bank due to some personal or genuine reason, then closing that account is a good option for you.
How to write an Account Closing Application?
- Write the application to the bank manager rather than the banking clerk or any other staff.
- Mentioning date should be the date of application submission, not the date on which you are writing the application.
- Mention your bank and branch clearly under the heading section.
- The application subject should be to the point with minimal words.
- Mention Account Holder Name, Type of Acount, and Account Number in the body section.
- Don’t forget to attach the supporting documents with your application and mention the list of supporting documents that you are submitting to the bank.
Read Also: Branch Transfer Application or Letter
Documents Required with Bank Account Closing Application
- Bank Account Passbook.
- ATM/Debit Card/Credit Card or any other card. (Hotlist these cards before submitting them to bank)
- Cheque Books.
- Aadhar Card (If Required).
- PAN Card (If Required).
Why Closing your Bank Account?
There some reason or other situation arises when you want to close a particular bank account such as:
- Services offered by the banks are not up to the mark.
- When charges associated with the bank services are a little bit high compared to other banks, then the only option that remains with us is to close that account.
- Job transfer or shifting could also be one of your reason for account closure.
- On the other hand, any financial crisis or heavy business loss can also be the reason to close the account.
- Apart from that if you are operating multiple accounts with different banks at a time and now wanted to summarise these things in your life. Then closing an extra bank account can also be the reason.
Format: Bank Account Closing Application or Letter
Date: __ / __ /____
To,
The Bank Manager,
________________ (Bank Name)
________________ (Branch)
Subject: Application for Closing Bank Account
Sir/Ma’am,
I am ______________ (Consumer Name) and I am operating one of my ___________ (Type of Account: Saving/Current) since a long time having account number _____________. But now due to ________________ (Reason of Account Closing), I will not be able to maintain this account further. And hence there is no need for this account anymore. Therefore, I request you to please close this account as soon as possible and transfer the remaining amount from this account to others account which is mentioned below.
Kindly do the needful and initiate the process as soon as possible, for this kind of help I will remain thankful to you.
Thanking You.
Yours Faithfull
________________ (Customer Name)
Bank A/c Number: _______________
A/c Type: ______________________ (Saving/Current/Any Other)
Other A/c Details:
Bank Name: ________, A/c No: _______, IFSC Code: ____________.
Read Also: Application for New Cheque Book
SBI Saving Account Closing Application Sample
Date: 12/01/2023
To,
The Bank Manager,
State Bank of India,
City Branch – Dhanbad.
Subject: Application for Closing Saving Account.
Sir/Ma’am
I am Sagar Kumar and I am operating one of my saving account having account number 479800001235 in your branch for a long time. But now due to some personal circumstances, I am not able to manage this account anymore. Therefore I humbly request you to please close my saving account as soon as possible. Also transfer the remaining amount to another account, which is mentioned below.
Kindly do the needful as soon as possible, for this kind of help I will remain thankful to you.
Thanking You,
Your Trustworthy
Sagar Kumar
A/c No: 479800001235
Other A/c Details: Bank: SBI, A/c Holder Name: Sagar Kumar, A/c No.: 123450000789, IFSC Code: SBIN000001234
Read Also: Application for New ATM Card
HDFC Account Closure Application Sample
Date: 15/01/2023
To,
The Bank Manager
HDFC Bank,
Bank More Branch – Dhanbad
Subject: Application for Closing Current Account.
Sir/Ma’am,
I am Sakesh Prasad and I writing this application to tell you that I am operating my Current A/c for my business in your branch for a long time having A/c No. 789400001234. But now due to losses that occurred in my business in recent days, further I am not able to maintain this account anymore. Therefore I request you to close this current account. And also if any charges are associated with this process then debit them from the same account and transfer the remaining amount to my other account, whose information is provided below.
Kindly do the needful as soon as possible, for kind of help I will always remain thankful to you.
Thanking You.
Your Trustworthy
Sakesh Prasad
Current A/c No.: 789400001234
Other A/c Details: A/c Holder Name: Sakesh Prasad, Bank: Canara Bank, A/c No.: 4597000012345, IFSC Code: CNRB0008304
Bank Account Closing Application Format
Date: __ / __ / ____
To
The Bank Manager,
________________ (Bank Name)
________________ (Branch Name)
Subject: Request for Closing Bank Account
Sir/Ma’am
With due respect, I would like to inform you that my name is __________ (A/c Holder Name) and I am operating one of my _____________ (Saving/Current Account) having A/c. No. __________ (A/c Number) within your branch for a long time. But now due to __________________________ (Mention Your Reason for A/c Closure). I am unable to operate this account further. I will return all the belonging associated with the account such as ATM Card, Cheque Book and etc.
Kindly do the needful and initiate the bank account closing procedure as soon as possible.
Thanking You.
Your Trustworthy
_______________ (A/c Holder Name)
_______________ (A/c Number)
_______________ (Adhaar Number)
Read Also: Leave Letter to Class Teacher
ICICI Bank Account Closing Application Sample
Date: 14/02/2023
To
The Branch Manager
ICIC Bank,
Steelgate Branch,
Dhanbad.
Subject: Request for Saving Account Closure.
Sir/Ma’am,
With due respect, I would like to inform you that my name is Shashwat Saxena and I am operating one of my Saving Accounts having account number 12459780000 within your branch for a long time. But due to some personal financial issues, I am unable to maintain this account. Therefore I request you to please close this account. I will return all the belongings associated with this account to the bank.
Kindly do the needful and initiate the process of account closure as soon as possible.
Thanking You.
Your Trustworthy
Shashwat Saxena
A/c No:. 12459780000
Aadhar Number: 12345 12345 12345
Request Letter for Current Bank Account Closure Sample
Date: 15/02/2023
To,
The Branch Manager,
Kotak Mahindra Bank,
Ranchi Main Branch,
Ranchi.
Subject: Request Letter for Current A/c Closure
Sir/Ma’am,
with due respect, I would like to inform you that my name is Saksham Verma and I am operating my current account within your branch for a long time. But due to unexpected losses that occurred in my business, now I am not in a position to operate this current account anymore. Therefore I request you to please close this bank account. I have attached all the belongings associated with this account.
Kindly initiate the account closure process as soon as possible and if you do that in less time then I will always remain grateful to you.
Thanking You.
Your Trustworthy
Saksham Verma
A/c No.:
Aadhaar No.: 12345 12345 12345
Application for Permanent Bank Account Closure Sample
Date: 15/12/2022
To,
The Bank Manager,
SBI,
City Branch, Ranchi
Subject: Request for Permanent Account Closure
Sir/Ma’am,
I would like to state that, I am Dipansu Kumar and I am operating one of my savings accounts in your branch having account number 1234000001245 for a long time. But now due to my job I am shifting from the city to the village area and there is no single branch of your bank is available there. Therefore I request you to please close this account.
Kindly initiate the process as soon as possible and return the remaining amount to me in the form of Cash or DD. If you do that in less time, then I will remain thankful to you.
Thanking You.
Your Trustworthy
Dipanshu Kumar
A/c No: 1234000001245
Aadhar No: 1234 1234 1234
Attached Document:
Final Words
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FAQs
Q: How do you write a letter of account closure?
Ans: Just follow the format given in this article and provide some basic information in your application such as Account Holder Name, Bank A/c Number, and type of account to write a good and attractive formal letter or bank account closing application.
Q: How do I close a bank account permanently?
Ans: Follow the steps to close a bank account permanently.
1. Write a Bank account Closing Application from the format and sample provided above.
2. Visit Your Bank Branch, where you maintain your account.
3. Submit this application to the bank along with supporting documents.
After that, your account will get permanently closed within a day.
Q: Do I need a reason to close my bank account?
Ans: No, even without providing an accurate and to-the-point reason you can close your bank account. Usually, the bank staff will ask you for the reason but it’s not necessary to answer them.
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