The format will help you to know the structure of the letter. However, it is always better to look at some samples to avoid any confusion. We have provided a few samples for you to understand the format better.
[Your Name]
[Your Address]
[City, State, ZIP]
[Email Address]
[Phone Number]
[Date]
[Branch Manager's Name]
[Bank Name]
[Bank Address]
[City, State, ZIP]
Subject: Request for Demand Draft Cancellation
Dear [Branch Manager's Name],
I, [Your Name], holder of account number [Account Number] at your bank, am writing to request the cancellation of a demand draft that I have taken from your bank. The details of the demand draft are as follows:
Demand Draft Number: [DD Number]
Issue Date: [Issue Date]
Payee Name: [Payee Name]
Amount: [Amount]
Due to [mention the reason for cancellation], the above-mentioned demand draft is no longer required. The original demand draft is attached with this letter.
I understand that the bank will deduct cancellation charges as per the bank's policy. I request you to kindly deduct these charges from my account number [Your Account Number].
I kindly request you to cancel the aforementioned demand draft at your earliest convenience and credit the remaining amount to my account.
Thank you for your immediate attention to this matter. If there are any further requirements or forms that I need to complete, please feel free to inform me.
[Your Name]
[Account Number]
The Branch Manager,
Subject - DD Cancellation Application
I am Namrata Singh, and I am writing this letter to request you to close my DD request. I had raised a DD request on 27 February 2022 to Mr. Aditya Mishra for Rs. 50,000 at the Kothrud Branch of your bank. Due to the closure of the recipient’s account, I request you to kindly cancel my DD request with DD no.21364. I also request you to please transfer the funds to my account in your bank. My account number is 47XXXXXXX7899. I have attached the original DD receipt with this letter.
I acknowledge the fees associated with the DD cancellation and I authorize the bank to deduct this amount from my bank account itself.
The Branch Manager,
Gokhle Nagar Branch
Subject - DD Cancellation Letter
I, Sujata Kolekar, request you to kindly withdraw my DD request applied on 21 March 2022 favoring Ms. Kiran Verma for Rs. 20,000. The DD has not been used due to the closure of the receiver’s account. I would like you to cancel my request and transfer my funds into my current bank account in your branch with account number 3XXXXXXXXXXX89.
I have attached the original DD receipt along with this letter. You can take the authority to deduct the cancellation charges from my account.
We hope you understood the DD cancellation letter format from the above article. We have provided you with the details about the format and samples to get you a clear idea about the letter. You can comment below and let us know if you have any questions or queries about it. Download the Testbook app for more such content.