Sample Request Letter from Depositor for Adjusting Loan against Fixed Deposit

The Manager,
(Bank Name)

Dear Sir,

Re.: Loan Against Fixed Deposit Receipt No. ____________ dated ____________.


Please refer to loan account No. ____________ dated ____________ for ____________ (Amount) sanctioned to me on the security of my F/Deposit quoted above for ____________ (Amount) maturing on ____________ (Date). I hereby authorise you to adjust the proceeds of the said fixed deposit on its maturity against my loan quoted above and close the said account.

The balance from the fixed deposit together with interest falling to my credit after adjustment may be put in my savings bank Account No. ____________ with you. Please inform me after doing the needful in this respect.

Thanking you,

Yours faithfully,
Dated ____________