Sample Request Letter for FDR Renewal

Letter to Bank Manager Requesting to Renew the Fixed Deposit Account

January 06, 2018

The Manager
Bank Name
Branch Name
Address

Sub: Renewal of Term Deposit No: [insert FDR number] of amounting [insert FDR principal amount].

Dear Sir,

I have opened the FDR at your esteemed bank on [insert date] for a tenure of [insert period, i.e. three months]. Accordingly, the subject FDR has been matured on [insert date] and the accrued interest has been duly transferred into my designated savings account. Since you are offering a reasonable interest rate than the other banks, I would like to renew the FDR for another term.

Under the above circumstance, I would request you to renew my term deposit account for further ………….. Please also advise, should I need to perform any formalities in this connection.

Best regards,

Handwritten Signature
(Name of Client)
Contact No: [insert number]

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