To close your bank account you need to submit a request letter to the bank. But before closing your bank account it is better to withdraw the entire amount and make the balance Zero.
You can also request the bank to transfer the cash to another account of yours (or) you can also do it yourself if you have an internet banking facility (or) by using your debit card.
How to write a letter to close the bank account.
- Address the letter to the bank’s branch manager.
- Mention bank address.
- Start with a simple subject line like “Account closure application”.
- Write your name and account number in the first paragraph of the letter.
- Mention the reason to close the account
- Request for transfer of balance amount to another account (if needed)
- Provide details of the bank account where the balance must be transferred.
- Mention the documents enclosed with the letter.
- Finally, close the letter by saying thanks.
Here are some sample bank account closing racquet letter formats in English, which you can download in Word format as well.
1. Simple application to bank manager for closing the account
To
The Bank Manager,
Name of the Bank,
Address.
Sub: Closing Account.
Respected Sir/Madam,
I am [your name], holder of a savings bank account in your bank with a/c no. XXXXXXXXXX.
Due to some personal reasons, I would like to close my bank account with immediate effect.
Therefore please close my bank account as early as possible.
Thanking you.
Sincerely,
Your name.
2. Normal savings bank account closing letter
To
The Bank Manager,
Name of the Bank,
Address.
Sub: Closure of savings bank account
Respected Sir/Madam,
My name is [your name], holding a savings account in your bank with a/c no. XXXXXXXXXXX.
I am not using this account for a long time and I don’t need it anymore. So I decided to close this account permanently.
I am returning my passbook, cheque book, and debit card along with this letter.
Therefore please close my account as quickly as possible.
Finally, thank you for providing your banking services for all these days.
Yours faithfully,
Your name.
3. Current account closing letter
To
The Bank Manager,
Name of the Bank,
Address.
Sub: Current account closure request.
Respected Sir/Madam,
I am [your name], have a current account in your bank with a/c no. XXXXXXXX. Due to personal issues, I no longer want to maintain this account and I want to close it.
I am enclosing the related passbook and cheque book along with this letter.
And I request you to kindly close my current account as soon as possible.
Thanking you.
Yours sincerely,
Your name.
4. Bank account closing application after death
To
The Bank Manager,
Name of the Bank,
Address.
Sub: Account closure application after death.
Respected Sir/Madam,
I am [your name], writing this with a painful heart to inform you that my father Mr……………. has recently passed away due to cardiac arrest. He has an account in your bank with a/c no XXXXXXXXXXX.
Hence he is no more, I want to close this account. Please find enclosed a copy of my father’s death certificate.
As a legal heir, I request you to please close the account and transfer the balance amount to my bank account given below.
Your name:
Bank Name:
A/c No:
IFSC code:
I shall be grateful to you in this regard.
Thanking you.
Sincerely,
Your name.
5. Application to close Joint bank account due to death
To
The Bank Manager,
Name of the Bank,
Address.
Sub: Request to close an account due to death.
Respected Sir/Madam,
My name is [your name], a joint account holder of your bank with a/c no. XXXXXXX. This joint account was opened for me and my husband Mr. [person name].
Unfortunately, my husband recently lost his life by accident. And I don’t need the joint account anymore.
Therefore I request you to close this account and transfer the remaining amount to my individual bank account mentioned below.
Your name:
Bank name:
A/C number:
IFSC code:
I would be grateful to you.
Thanking you.
Yours sincerely,
Your name.
6. Joint bank account close application
To
The Bank Manager,
Name of the Bank,
Address.
Sub: Joint account closure application.
Respected Sir/Madam,
We [account holder 1] and [account holder 2] are joint account holders of a/c no. XXXXXXXXX in your bank.
For personal reasons, we are closing our joint account. Please consider this letter as our mutual consent to close the account.
Hope you consider our request.
Thanking you.
Sincerely,
Joint account holder 1
(Name & Signature).
Joint account holder 1
(Name & Signature).
7. Application to close bank account & transfer money to another account
To
The Bank Manager,
Name of the Bank,
Address.
Sub: Account close application.
Respected Sir/Madam,
My name is [your name], I want to close my savings account with a/c no. XXXXXXXXX. I’m moving to another city because of a job transfer, so I want to close this account.
Please close this account and transfer the balance to another account of mine, which has been mentioned below.
Name:
A/c No:
Bank name:
IFSC code:
Regards,
Your name.
8. Application to close the bank account with a negative balance
To
The Bank Manager,
Name of the Bank,
Address.
Sub: Account closure request.
Respected Sir/Madam,
My name is [your name], the account holder of your bank with a/c no. XXXXXXXX. Initially, it was a salary account, but after I left the job, I stopped using that account.
For this reason, it was converted into a savings account and levied a penalty for not maintaining a minimum balance. At present, there is a negative balance of Rs………..
In my current financial situation, I cannot afford these charges.
So I request you to please close that account without any burden to me.
I hope you consider my request.
Thanking you.
Sincerely,
Your name.
9. Sample Bank Account Close Application
To
The Bank Manager,
Bank Name,
Address.
Sub: Account closure request.
Dear Sir/Madam,
I am [Your name], have an account in your bank with a/c no. XXXXXXXX. But now I am closing it for personal reasons. So please close my bank account.
I hope you close my account as quickly as you can.
Thanking you.
Sincerely,
Your name.
10. Bank account close application for multiple accounts in the same bank
To
The Bank Manager,
Bank Name,
Address.
Sub: Account closure application.
Ref: A/c no. 2540XXXXX20.
Dear Sir/Madam,
My name is [your name], have two savings accounts in your bank with a/c nos. 3214XXXX65 and 2540XXXXX20 under the same CIF number 7514XXXX478.
I no longer need both accounts in the same bank, so I am closing one of my bank accounts with a/c no. 2540XXXX20.
So please close the above-mentioned account as early as possible.
I shall be thankful to you.
Regards,
Your name.
11. Salary account close application
To
The Bank Manager,
Bank Name,
Address.
Sub: Request to close salary account.
Dear Sir/Madam,
I am [your name], holder of the salary account in your bank with a/c no 5412XXXX20. The account was created during my employment at [company name].
But now I’ve left the company and no salary will be credited to this account.
So I request you to please close my salary account of the above-mentioned account number. I have enclosed my cheque book and debit card with this letter.
Thanks in advance.
Sincerely,
Your name.
12. SBI account close application
To
The Bank Manager,
State Bank of India,
Madhurawada,
Visakhapatnam.
Sub: Account closure application.
Respected Sir,
I am Ravi Padala, account holder of your bank with a/c no. 3210XXXX456. Due to some personal reasons, I am closing my bank account.
I have withdrawn the entire balance amount and made the balance Nil.
Kindly close my bank account as soon as possible.
Thanks for your banking services for all these days.
Thanking you.
Sincerely,
Ravi Padala.
13. HDFC bank account close application
To
The Bank Manager,
HDF Bank,
Dwaraka Nagar Branch,
Visakhapatnam.
Sub: Account closure request.
Dear Sir,
My name is Lavanya Jain, account holder of your bank with a/c no. 2745XXXX4130. I am moving to a new city due to my job transfer and getting a new salary account with another bank.
I like your bank services, however, I don’t need multiple accounts. So I am closing this account.
I am returning my passbook, cheque book, and debit card with this letter.
So please close this account as early as you can.
Thanking you.
Yours sincerely,
Lavanya Jain.
Why you should close your bank account
There are several reasons to close a bank account:
- Multiple bank accounts
- Poor banking services
- Shifting to a new city
- Left the job
- Death of the account holder
- Heavy transactional charges
- Minimum balance problems etc…
Required things to close bank account
- Account closure application
- Unused cheque book leaflets
- Debit card
- Other required documents if any.
FAQs
What happens if I don’t close my bank account?
If you don’t close and don’t maintain the minimum balance as well then your account will impose a negative balance. You have to pay those charges unnecessarily.
And there are so many cases where unused bank accounts are leading to illegal transactions. So it is better to close it when you don’t need it.
Can I close my bank account online?
No, banks are not allowing account closures online.
How much time will it take to close the bank account?
It will take 2-3 working days to close a bank account from the date of request.
How do I know my bank account is closed?
You will receive a confirmation to your mobile number or email id. If you don’t receive any confirmation within 2-3 days then contact your ban’s customer care (or) directly visit the branch.
Can I reopen my closed bank account again?
No, you cannot reopen the same account which was closed earlier. But you can open a new account in the same bank.
Can banks close accounts automatically?
Yes, banks can close accounts automatically when they are not KYC compliance and are dormant for several years.
Recommended:
- Application for signature change in the bank.
- Sample authorization letters to claim the money in the bank.