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

When you need one or more Demand Drafts (DDs) for some purpose, but in case you are unable to go to the bank to collect the DD, then you can authorize someone to collect it on your behalf.

While in case of some of the banks (mostly in the rural areas), a signed letter from you authorizing someone, would be enough in this regard, however some banks have their own pre-printed format for such authorizations.

Please call and check with your bank at first regarding the the letter format requirement, and if your banker is fine with a letter in any format from your side having proper details and your signature, then you can use the below given formats, which hopefully will serve the purpose.



Fill in your personal details while preparing the letter and submit it at the bank branch.


FORMAT #1
(In case of letter from a Company or any Organization)

Ref: .....................
Date: ...................

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

Sub: Authority letter for collecting Demand Draft
Ref: Current account no. ..................................

Dear Sir/Madam,

Our Company, .......... Private Limited, is 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 ______ (_________only ) in favour of ‘(Name of the Party)’ payable at _____

(2) INR ______ (_________only ) in favour of ‘(Name of the Party)’ payable at _____
(3) INR ______ (_________only ) in favour of ‘(Name of the Party)’ payable at _____

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


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

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.


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

Thanking you,
Yours faithfully,
For .................. Limited

   signature

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


FORMAT #2
(In case of letter from a Company or any Organization)

Date: ...................

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

Sub: Authority letter for collecting Demand Draft
Ref: Savings account no. .................................

Dear Sir,

I, ....(full name)..., is having a savings account bearing no. ................ with your bank's branch at (registered address). I request you to kindly make two demand drafts as per the following details.

(1) INR ______ (_________only) in favour of ‘(Name of the Party)’ payable at _____

(2) INR ______ (_________only) in favour of ‘(Name of the Party)’ payable at _____

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

I further authorize you to debit the my savings account for the service charges/tax, as applicable.

I am unable to go to the bank for collecting the DDs as I am preoccupied with some other works. 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)

Comments

  1. charanpreet khaira6/24/2018

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

    ReplyDelete
  2. Pankaj Mahuriya8/10/2018

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

    ReplyDelete
  3. Jack T9/03/2018

    Hey, thanks a lot for the template of letter.

    ReplyDelete
  4. Aabida Khan9/24/2018

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

    ReplyDelete
  5. Anonymous10/08/2018

    Thank you sir

    ReplyDelete
  6. Thank you Sir very helpful

    ReplyDelete

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