Friday, July 28, 2017

Sample Letter for release of Mortgaged FDR

Sample Tender Submission Letter

Fixed Deposit Release Letter to Bank.

July 28, 2017

The Manager
Name of Bank

Sub: Release of FDR No: [insert number].

Dear Sir,

I have been maintaining the above FDR with your reputed bank since long time. The subject FDR has been mortgaged in [insert bank name] towards the security deposit for my loan account. Recently I have settled my loan along with the principal money. Therefore, I would like to request you to release the said FDR with immediate effect. The details of the FDR are furnished below for your ready reference:

FDR No Date of Issuance Face Value Issued By Beneficiary
 [insert ]  [insert ]  [insert ]  [insert ]  [insert ]

Under the above circumstance, I would highly appreciate if you kindly take necessary actions to honour my request.

Thank you in advance for your anticipated co-operation.

Yours faithfully,

Handwritten Signature
(Name of Signatory)


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