Letter to Bank for Interest Certificate of the Fixed Deposit (FD)

Interest Certificates, just like TDS certificates, are issued at the end of the financial year for the given financial year only or even for years preceding that. Interest certificate on the Fixed Deposits opened in a bank can be obtained by submission of written request in a letter at the bank's branch office. Some of the banks are also providing option in their online netbanking site for the customer to download the certificate or to request for it.

These interest certificates are mainly required for income tax return filing purposes for verifying the accuracy of the figures and transaction as well. Interest on Fixed/Term Deposits are subject to income tax, though certain exemptions are allowed subject to fulfillment of eligible conditions under the Income-tax Act.

Following format of letter to bank manager can be used. Fill in all the details accurately. Add any other points as may be necessary from your point of view.

FORMAT

Date: ...................

From

(Name of the Customer)

(Full Address)

(Phone no.)

To

The Manager

(Name of the Bank)

(Name of the Branch)

(Address)

Sub.: Request for issue of interest certificate of Fixed Deposit

Ref: Savings account number .......................

Dear Sir/Madam,

I am currently maintaining a savings account bearing number ................... with your branch. I had opened a FD with your branch last year. I need the interest certificate on the said FD for some taxation purposes.

Kindly note the details of the Fixed Deposit as under:

(1) FD Number: ................

(2) Opening Date: .............

(3) Amount: .................

(4) Tenure: ..............

Therefore, I request your good office to kindly issue the interest certificate on the said fixed deposit for the previous financial year 20..-20... 

I am also enclosing a copy of the fixed deposit receipt along with my identity proof, both self-attested, for your verification purposes.

Please note the interest certificate need not be sent by post to me, I will pick it up from your office once it is ready.

Kindly do the needful and oblige.

Thanking you!

Yours faithfully,

signature

(Name of the FD holder)

Encl.: As above