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Sample Request Letter to Bank for Opening Current Account

A current account becomes very necessary for carrying out the business transactions by an organisation viz. sole proprietorship, company, etc. While it is a usual thing for a company to operate money and commercial transactions through a current account, but in the case of sole proprietors sometimes they avoid using a current account for their businesses in order to avoid any kind of additional banking inconvenience to them and so they carry out the transactions in their own savings account.

how to write a letter to bank manager for opening a current accountIt would be advisable for a sole proprietor to maintain a separate current account for its business.
- Firstly, to maintain systematic records of transactions, which will help him in future references as and when may be necessary to track a transaction, which may become difficult if he carries out business transactions along with personal transactions in his personal savings account.
- Secondly, while accessing taxes for a year, it may become useful for calculation and assessment purposes to determine accurate tax and to avoid any inconvenience from the Income-tax department.

The bank will probably have a pre-printed application form for applying for opening of a current account. You can write the following cover letter along with submission of other documents.

TEMPLATE (Letter by Individual / Sole Proprietor)

Date: _________

(Name of the Applicant)
(Full Address)
(Contact No.)

The Branch Manager
(Name of the Bank)
(Name of the Branch)

Sub.: Application for opening of a current account.

Dear Sir/Madam,

I am (Name of the Applicant), currently a resident of (Locality). I am in the business of __________ items since (Year) as a sole proprietorship concern namely "(Name of the business)". My business has an annual turnover of around INR ____ to ____ lakhs. I am interested in opening a current account in your bank at ________ branch with an initial deposit of INR _______. The current account will be used for business purposes only.

I have filled in and signed the prescribed application form of the bank and the same is enclosed herewith. In the application form, I have also requested for a Cheque and online facility for the account. I am committed to maintain sufficient balance in the account to honor the cheques so that there is no inconvenience to the party or bank. I will be abiding by all the rules as may be prescribed for a customer having Current Account of your bank.

I am submitting herewith the proofs of identification and address of mine for your records and verification purposes. An introductory letter from an existing customer of your bank is also enclosed herewith.

I kindly request you to approve my application for opening the current account.

Thanking you,
Yours faithfully,

(Name of the Applicant)

Encl.: As above

TEMPLATE (Letter by a Company)

Date: __________

The Branch Manager
(Bank's Name)
(Branch's Name)

Sub.: Application for opening of a current account for company.

Dear Sir/Madam,

With reference to the captioned subject, please be informed that the Board of Directors of our company i.e. __________ Limited, in their meeting held on (Date), have passed a resolution approving the opening of a current account for our company in your bank at __________ branch.

I am enclosing herewith the following documents for opening of the current account:
(1) Application form as prescribed by your Bank,
(3) Specimen signatures of the authorised signatories,
(4) ID proofs of the authorised signatories, and
(5) Introductory letters from 2 existing customers of your bank.

We would like to inform you that we are expecting transactions amounting to in the range of INR _______ per month. Depending upon the growth in sales, the amount is further expected to increase. We will make an initial deposit of INR _______ while opening of the account.

Trust the account will be opened as soon as possible and the confirmation will be communicated to us at the earliest. We commit ourselves to abide by all the rules governing the current account.

Thanking you,
Yours faithfully,
For __________ Limited,

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

Encl.: A/a

Sample Request Letter to Bank for Opening Current Account


  1. Debasmita Tatkare17 July, 2018

    The format seems good enough. I have written to bank for opening of the account and submitted other documents. :)

  2. Alekha Naik23 August, 2018

    Thanks a lot for the format of letter.

  3. Shraddha Gunjal28 September, 2018

    Thank you! Your letters are written well and very knowledgeable for students like me. I'm learning.

  4. Thanks dear such a good written may Allah bless you


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