An Application to the Bank Manager Requesting for Temporary OD Facility.
On Company Letterhead Pad
February 01, 2017
The Manager
Name of Bank
Name of Branch
Address.
Sub: Regarding Overdraft Facility.
Dear Sir,
We have been maintaining a satisfactorily conducted current account with your esteemed bank since [insert years]. Recently we have decided to undertake a [enter project name] project for which we are in urgent need of fund. Therefore, with reference to our evidently sound turnover record we would like to request for an overdraft facility of [insert amount] for [insert tenure, e.g. months, years]. In this connection, consistence with your rules and regulations we would like to offer 2 Nos. of FRDs as Security Deposit.
Under the above circumstance, we would highly appreciate if you consider our case favorably and permit us to avail an overdraft facility against the aforesaid FDRs.
Thank you in advance for your anticipated consideration.
Yours faithfully,
Handwritten Signature
(Name of Signatory)
Designation
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