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]
