Instruction to the Bank Manager Requesting Automatically Renew the Period of Fixed-Deposit
January 09, 2019
The Manager
Bank Name
Address
Sub: Auto-renewal of Term Deposit.
Dear Sir,
I have been maintaining a FDR with your branch since [insert date of opening e.g.: 01.06.2018], vide its no: [insert FDR number], amount [insert amount, e.g.: Tk. 60,00,000.00]. From the very beginning the tenure of the aforesaid FDR was [insert tenure, e.g.: 3 months]. Previously I had given you instruction [e.g.: twice] to renew it. However, as I don’t have any plan to invest the principal amount somewhere else in near future, I would like to give an auto-renewal instruction for the subject FDR.
In this circumstance, I would highly appreciate if you kindly renew the said FDR automatically soon after expiration of the stipulated term.
Thank you in advance for your anticipated co-operation.
Best regards,
Handwritten Signature
(Name of Client)
Contact No: [insert number]
