A Bank account close application letter is the official letter sent to the bank when you want to close your account. In this blog post, we will discuss the format of a bank account close application letter and how to write one. You may need to write this type of letter if you’re planning to close your current bank account.
Bank Account Close Application
When you decide to close your bank account, you’ll need to submit a formal application letter to the bank manager. This letter requests that they close your account and release any remaining funds.
Be sure to include key details like your name, account number, and reason for closing. Attach documents like your passbook, unused checks, and any cards tied to the account. Once submitted in person or via email, expect the bank to take 3-10 days to fully process the closure request.
Why Does Someone Close a Bank Account?
People decide to close their accounts for many reasons:
- Frustration with high fees or poor service
- Too many hidden charges or penalties
- Disappointment with customer support
- Relocating to a new area
- Inability to maintain a minimum balance
- Not using the account enough anymore
- Wanting to simplify finances with a fresh start
Things You Need to Close a Bank Account
Here is the list of the things you need to close a bank account in India.
- Account Holder Name
- Bank Account Number
- Original Passbook
- Cancelled Cheque (if Chequebook Issued)
- Atm Debit Card/ Credit Card (if Issued)
- Identification Proof (Aadhaar Card, Pan Card, Driving Licence, Voter Id Card Etc.)
- Address Proof (Aadhaar Card, Driving Licence, Voter Id Card Etc.)
- Account Holder Photo
- Account Holder Signature
Things to Know When Closing a Bank Account
When you’re closing a bank account, there are a few things to keep in mind.
- Transfer Out Any Remaining Funds: Make sure to withdraw or transfer any remaining money in the account. Move it to another account or take out cash so the balance reads zero.
- Cancel Automatic Payments: Be sure to stop any automatic payments or direct deposits linked to the account. Notify any businesses, employers, or services to reroute future payments.
- Close Related Accounts: If you have any joint accounts, investment accounts or other products at the same bank, go ahead and close those too. Tie up any loose ends.
- Destroy Associated Cards and Chequebooks: Destroy any debit cards, credit cards or unused cheques associated with the closed account. Shred chequebooks and cut up the cards so they can’t be used again by someone else.
How to Write an Application to Close a Bank Account?
If you have decided to close your bank account, you will need to write an application to the bank branch manager. In your application, you should include your name, account number, and mention the reason for closing the account.
Here is the bank account close application format to help understand the application letter.
Bank Account Closing Application Format
The following is the format for a bank account close application letter.
To,
The Branch Manager,
[Bank Name],
[Bank Address]
Date: [DD/MM/YYYY]
Subject: [Request for Closing Bank Account Closer]
Dear Sir/Madam,
Application Body: [ Include your full name, account number and other required details with the reason for closing the account.]
Thanking You,
Sincerely/ Yours Faithfully,
[Your Signature]
[Your Name]
Bank Account Close Application in English
Most banks will require you to fill out a form or write a letter requesting to close your account. Make sure to include your name, account number, account-related documents and the date you would like the account to be closed. You may also need to provide a reason for closing the account. Once the form or written application is complete, submit it to your bank to process your bank account closure request.
If you’re not sure how to write an application for closing a bank account, don’t worry. We’ve got you covered. Just follow the below formats and examples for your respective bank, and you will be able to write an effective bank account closure application within a few minutes.
Bank Current Account Close Application in English
Here is a sample application for closing a current bank account with HDFC Bank account close application due to some personal reasons.
To,
The Branch Manager,
HDFC Bank,
Loyal Road, New Delhi
Date: 25/01/2022
Subject: – Request to close current bank account
Dear Madam,
I, Ramesh Sharma, would like to close my current bank account at your HDFC bank branch. I have been a loyal and satisfied customer of your bank for many years now, but due to some personal reasons, I have decided to close my current account.
I would be grateful if you could process my request as soon as possible. I am enclosing all the necessary documents required for the same.
Thank you for your time and attention.
Sincerely,
Ramesh Sharma
Application to Bank Manager for Closing Account
To,
The Bank Manager,
Axis Bank,
Rave Nagar, New Delhi
Date: 20/02/2022
Subject: Application for bank account closure
Dear Sir/Madam,
I am Siddharth Sharma, and I would like to close my bank account for account number 3646XXXXX with your bank. The account has been inactive for some time now, and I no longer have any use for it.
I would appreciate it if you could process my request to close my account as soon as possible. I have attached all the necessary documents that are needed to close the account.
Thank you for your time and attention.
Sincerely,
Siddharth Sharma
2. Bank of India Account Close Application
To,
The Branch Manager,
Bank of India,
City Block, Max Road, New Delhi
Date: 15/01/2022
Subject: Application for Bank Account Closure
Dear Sir/Madam,
I am writing to inform you that I would like to close my bank account. I have been a savings account holder in your bank for some time now, but I have decided that I no longer need the account.
So, I request you to please close my bank account as soon as possible. I have enclosed all the necessary documents to close my account with this letter.
Thank you,
Sincerely,
Rohan Mishra
3. SBI Bank Account Close Application
To,
The Branch Manager,
State of India (SBI Bank),
Gandhi Society, New Delhi
Subject: – Request to close a saving account
Date: – 15/08/2021
Dear Sir / Madam,
I would like to request the closure of my savings bank account. My account number is 2365XXXX. I have attached a copy of all required documents for your reference.
I would appreciate it if you could process my request as soon as possible.
Thank you for your time and attention.
Sincerely,
Shreya Singh
4. Bank of Baroda Account Close Application [Due to City Change]
To,
The Branch Manager,
Bank of Baroda,
Janki Nagar, Allahabad
Date: – 05/07/2022
Subject: – Request to close saving bank account
Dear Sir/ Madam,
I would like to request you to close my savings bank account with your bank. I have been a customer of the bank for the past few years, but I am now moving out of the city and will no longer need this account. I have attached all required documents related to my bank account, including a passbook.
I would be grateful if you could process my request and close the account at your earliest convenience. Thank you for your time and assistance.
Sincerely,
Akshay Malhotra
5. Axis Bank Account Close Application [Due to Poor Service]
To,
The Branch Manager,
Axis Bank,
Gandhi Nagar, Gujrat
Date: 21/08/2022
Subject: – Request to close saving bank account
Dear Sir / Madam,
I wish to inform you that I am not satisfied with the service of your bank and I have decided to close my savings bank account.
I have been a customer of your bank for over five years and have consistently been unhappy with the level of service I have received. In the past year, I have experienced several instances of poor service, including being charged fees for services I did not receive and being made to wait excessively long periods of time to speak to a representative.
Due to these experiences, I have decided to close my savings bank account from your bank. I have enclosed all account-related documents with this application.
I would be grateful if you could process my request and close the account at your earliest convenience. Thank you for your time and assistance.
Sincerely,
Rohan Jaiswal
6. Canara Bank Account Close Application [Due to Inactive Account]
To,
The Branch Manager,
Canara Bank,
Kunj Vihar, New Delhi
Date: 28/04/2021
Subject: – Request to close saving bank account
Dear Sir / Madam,
I would like to request you to please close my savings bank account with your bank. The account number is XXXXXXXXX. This request is because I am no longer using this account, and it has been inactive for some time.
I would appreciate it if you could process this request as soon as possible. Please let me know if you need any further information from me.
Sincerely,
Shreyash Kumar
7. Union Bank Account Close Application [Due to Minimum Balance Requirement]
To,
The Branch Manager,
Canara Bank,
Lotus Road, Kanpur
Date: 21/02/2020
Subject: – Request for the closure of my savings bank account
Dear Sir / Madam,
I am writing to request the closure of my savings account with your bank. The account number is 56XXXXXXXXX. The reason for this is that I am not able to maintain the minimum balance requirement. I have been trying to keep the account active by making regular deposits, but it has become difficult to do so.
I request you to kindly process my request and close my account.
Thank you for your time and attention.
Sincerely,
Raj Malhotra
8. Central Bank of India Account Close Application [Due to No Need for the Account]
To,
The Branch Manager,
Central Bank of India,
Pankhudi Road, Madhya Pradesh
Date: 20/02/2021
Subject: – Request to close saving bank account
Dear Sir / Madam,
I would like to request you to close my savings bank account with your bank as I do not require it anymore. I have been maintaining this account for the past few years, but now I do not need it.
My account number is 56XXXXXXXXX. This account has been in a dormant state for a while now, and I have no transactions to carry out from this account. I have enclosed all required documents with this letter.
I would be grateful if you could process my request and close the account at the earliest. Thank you for your time and consideration.
Sincerely,
Abhishek Rana
9. PNB Bank Account Close Application [Due to Multiple Accounts]
To,
The Branch Manager,
PNB Bank,
Bank Road, Gorakhpur
Date: 23/03/2021
Subject: – Request to close saving bank account
Dear Sir / Madam,
I am writing to request the closure of my savings bank account with PNB Bank. I have multiple accounts with the bank, and I would like to close this particular account.
Account Number: 65XXXXXXXX.
I have been a customer of PNB Bank for many years, and I have always been happy with the service I have received. However, I no longer need this particular account and would like to close it.
I would appreciate it if you could process my request as soon as possible. Thank you for your time and attention.
Sincerely,
Rishi Gaur
FAQs: Bank Account Close Application
1. Where should I write the bank account number in the application?
You can write the bank account number in the main body of your application letter or at the end of your letter before your “Thanking you” or “Sincerely“.
2. What documents should I attach with the application letter?
You can attach your bank account passbook, chequebook, and other requested documents that you need for closing the bank account.
3. How much time a bank takes to close the bank account?
It takes approximately 3-10 working days to close a bank account in India.
4. Does the bank account close automatically?
No. But according to the RBI’s rule, if a customer does not use his or her account for 12 consecutive months, the bank will make the account inactive. After more than 12 months, the bank will make the account dormant.
