Application for Renewal of Fixed Deposit

application for renewal of fixed deposit

Writing an application to the bank manager for the renewal of a fixed deposit account is not a difficult job. But you cannot deny the fact that whenever you are going to write an application for the renewal of an fixed deposit account you must remember to note down some pieces of information which are very important. Here is the list of the information you need to keep with you while writing an application for renewal of fixed deposit and the sample application letters for renewing a fixed deposit account.

  1. Fixed deposit account number.
  2. Fixed deposit passbook
  3. Opening date of FD account
  4. The maturity date of the FD account.

Application Letter to Bank Manager for Renewal of Fixed Deposit

To

The Bank manager

Bank name 

Address

Sub: Application for renewing existing FD account for another term of 3 years. 

Respected Sir,

With due respect, I wish to state that I have an FD account bearing no 1234567 running in this bank for 5 years from 2016. It will be matured in July 2021. But I want to keep the total amount of that FD account for another term of 3 years. Necessary documents are enclosed herewith for your kind perusal. 

Therefore, I request you to kindly do whatever is required so that I can keep the total amount of that FD account which is going to mature, for another term of 3 years and oblige me thereby.

Yours faithfully,

Full Name

Dated: 

Enclo:

  1. Copy of passbook of FD account
  2. Photocopy of aadhar card.

Sample Application Letter for Renewal of Fixed Deposit

To

The Bank Manager

State Bank of India

ABC Branch

Address

SUB: Application for renewal of fixed deposit 

Respected sir,

I beg most respectfully state that I have a fixed deposit account bearing number 1234567 running in this bank for the last last 5 years from 2016. Now I want to renew this fixed account for another term of 3 years. Necessary documents are enclosed herewith for your kind information. 

Therefore I request you do whatever is necessary to renew my fixed account for the term of another 3 years and oblige me thereby.

Thanking you,

Yours faithfully,

Full name

Dated:

Enclo:

  1. Photocopy of passbook of FD a/c
  2. Photocopy of aadhar card

Sample application letter to Bank Manager for the Renewal of Recurring Deposit

To

The Bank Manager

Bank name

Branch name of the bank

Address

Sub: Application for the renewal of Recurring Deposit 

Respected sir,

With due respect I wish to state that I have a Recurring account bearing number 123456789 running in this bank from the year of 2020 for the last 1 year. I want to renew this recurring account with the total balance of this account for another term of one year.

Necessary documents are enclosed herewith for kind perusal.

Therefore I request you to do whatever is required to renew this account and oblige me thereby.

Thanking you,

Yours faithfully, 

Full name

Dated:

Enclo: 

  1. Passbook of the RD account
  2. Photocopy of Aadhar card

Sample Letters for the Renewal of Fixed Deposit

To 

The Bank Manager

Name of the Bank

Name of the Branch of the Bank

Address

Sub: Application for the renewal of fixed deposit

Respected sir,

With due respect, I wish to state that I have opened a fixed deposit account in the year of …………….(year of opening FD account) of the amount of …………..(principle amount of the FD). My fixed deposit account number is ……………….( account number of the FD). This fixed deposit is going to be matured in ………..(months of maturity),……………..(year of maturity). I want to renew this fixed deposit for another term of …………….(number of years you want to renew). Necessary documents are enclosed herewith for your kind perusal.

Therefore I request you to do whatever is required to renew the total amount of my fixed deposite account for another term of …….(year of term you want to renew/continue) and oblige me thereby

Thanking you,

Yours faithfully, 

Your full name

Dated: 

Enclo: 

  1. Photocopy of the passbook of the FD account.
  2. Photocopy of aadhar card.

FAQS related FD account:

What is the interest rate of FD/RD

Answer: To know the interest rate of FD/RD you need to visit branch, or you may visit official sites of the concerned bank. The rate of interest varies from time to time.

How to know the rate of interest of FD/RD online ?

When you are going to open an FD/RD account online, a link will be provided with details of rate of interest of that very time. You may check that before proceed.

Note: To know more in details please visit your branch of the concerned bank for offline mode or, you may visit official website of the concerned bank online.

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About JM

Hi, I am an English Educator, Content Writer, Blogger since more than 10 years.

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