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Authority Letter to Collect Demand Draft (DD) from Bank Sample

If you need Demand Drafts (DDs) for some purposes, but you are unable to go to the bank to collect the DDs, then you can authorize someone to collect it on your behalf.

authority letter to collect demand draft from bankWhile in case of some of the banks (mostly in rural areas), a signed letter from you authorizing someone would be enough in this regard, however, some banks have their own prescribed pre-printed form for such authorizations.

Please check with your bank first for the format. Here are some formats for your reference. Fill in necessary details and submit it at the bank.

TEMPLATE #1
(Letter from an Organization)

Ref: _________
Date: ________

To
The Branch Manager
(Bank Name)
(Branch Name)
(Address)

Sub.: Authority letter for collecting Demand Draft

Dear Sir/Madam,

Our company i.e. _________ Private Limited is presently maintaining a current account bearing no. _________ with your bank's ______ branch.

We request you to kindly make three demand drafts as per the following details:
(1) INR _______ (Rupees __________ only ) in favour of ‘(Name of the Party)’ payable at _________.
(2) INR _______ (Rupees __________ only ) in favour of ‘(Name of the Party)’ payable at _________.
(3) INR _______ (Rupees __________ only ) in favour of ‘(Name of the Party)’ payable at _________.

We authorize you to debit our above-mentioned current account towards the total amount of money for issuance of the said DDs.

We further authorize you to debit the said current account for the service charges/ tax, as may be applicable, for this service.

Further, we authorize the following official, whose name and signature are appended below, to collect the above-mentioned Demand Drafts on behalf of the company from your branch.

  Sign: __________
  Name: ____________________
  Designation: __________

The said officer will be carrying necessary official identification and personal identity proofs for verification purposes.

We request you to kindly do the needful in this regard.

Thanking you,
Yours faithfully,
For __________ Private Limited

    (Signature)
(Name of the Authorised Officer)
(Designation, Department's Name)

Authority Letter to Collect Demand Draft (DD) from Bank Sample

TEMPLATE #2
(Letter from an Individual)

Date: ________

To
The Branch Manager
_________ Bank
_________ Branch
(Address)

Sub.: Authority letter for collecting Demand Draft

Dear Sir/Madam,

I, (Full Name), am currently maintaining a savings account bearing no. __________ with your bank's __________ branch at (Address).

I request you to kindly make two demand drafts as per the following details:

(1) INR _______ (Rupees __________ only ) in favour of ‘(Name of the Party)’ payable at _________.
(2) INR _______ (Rupees __________ only ) in favour of ‘(Name of the Party)’ payable at _________.

I authorize your bank to debit my above-mentioned savings account for the total amount of money towards issuance of the said DDs.

I further authorize your bank to debit my savings account for the service charges/ tax, as may be applicable, in this regard.

I am unable to go to the bank to collect the DDs as I am preoccupied with some other work. Hence, I hereby authorize the following person, whose name and signature are appended below, to collect the above-mentioned Demand Drafts on behalf of me from your branch.

  Sign: __________
  Name: ____________________
  Address: __________

I request you to kindly handover the Demand Drafts to him/her and do the needful in this regard.

Thanking you,
Yours faithfully,

    (Signature)
(Name of the Account-holder)
Mob. __________


Comments

  1. charanpreet khairaJune 24, 2018 at 7:29 AM

    thanks! I'm an accounts manager, I needed the format for company purpose.

    ReplyDelete
  2. The format was useful sir. thanks a lot for publishing.

    ReplyDelete
  3. Hey, thanks a lot for the template of letter.

    ReplyDelete
  4. It was really very helpful in writing the letter to bank. Thanks!

    ReplyDelete

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