Cancellation Letter for Credit Card Auto Debit Instruction Sample

A bank activates the auto pay facility for credit card only after receiving written request from a customer. Once the bank activate auto debit option, then at any point of time later the customer can also request for deactivation of the auto debit facility in case he/she so wishes for due to any reasons whatsoever.

How to apply for cancellation: Customer can visit the bank's branch to collect the application form for it and submit it there. Some of the banks are providing the application form for it on their website, please download it, print it, fill in the details and submit it at the bank's branch office or send it by post to the address given in the form.

Some banks may accept the cancellation request through a written letter duly signed by the customer. Following template could be used, which has all necessary details. Submit it at the bank.

FORMAT

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

From

(Name of the Credit Card holder)

(Full Address)

(Mobile No.)

(Email Id)

To

The Manager

(Name of the Bank)

(Name of the Branch)

(Branch Address)

Sub.: Request for cancellation/deactivation of auto debit instruction on credit card

Dear Sir/Madam,

I am a holder of credit card of (bank name). Currently, as per my earlier request, auto debit facility is active in my credit card. I hereby request you to kindly cancel the auto debit facility opted for total amount due / minimum amount due in the credit card.

Kindly note my credit card details as follows:

Credit card number: .................................

Savings / current account linked for auto debit: ....................................

I agree to pay subsequent credit card bills before the due date of payment through any other modes of payment made available by your bank.

I agree to oblige by the terms and conditions in this regard. Necessary charges for this may kindly be debited from the savings / current account linked with my credit card.

Kindly do the needful and communicate once done.

Yours faithfully,

signature

(Name of the Credit Card holder)

Request Letter for Activation of Auto (Direct) Debit in Credit Card

Auto Debit facility is provided by the bank for making payment of bills, securities and other payments on behalf of its customers to other parties automatically on scheduled due dates. Auto-debit facility is also provided on credit cards wherein customer's savings or current account is debited towards credit card's payment due amount.

A customer has to specifically opt for this Auto debit facility then only the bank will enable the auto debit function from the customer's account, otherwise bank will not activate on its own. Customers can visit the bank's branch office to submit the form or can download the application form from the bank's website or some banks even accept written application letters.

(Following format can be used. Delete whichever is not applicable.)

FORMAT

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

From

(Credit card holder name)

(Full address)

(Phone no.)

To

The Manager

(Bank Name)

(Branch Name)

(Branch Address)

Sub.: Application for activation of auto debit facility in my credit card

Dear Sir/Madam,

I, (name of the credit card holder), am a holder of credit card of your esteemed bank. My credit card number is ...................................... I hereby kindly request you to activate auto debit facility in the said credit card as per the details given below.

I give my consent and unconditionally authorize (bank name) to debit my savings / current account bearing number .............................. on payment due date towards payment of total amount due / minimum amount due as indicated in the credit card monthly statements.


I agree that if my account does not have sufficient funds on the payment due date, then the bank can debit additional applicable charges as required as per credit card terms and conditions of the bank.

I understand and acknowledge that this audit debit instruction can not be withdrawn without my written notice to the bank.

I declare that the information given herein above is true and correct to the best of my knowledge. I will not hold the ......bank responsible for any incorrectness or incompleteness of information provided here in this letter.

Kindly do the needful and oblige.

Thanking you!

Yours faithfully,

signature

(Name of the Credit Card holder)

Request Letter to Bank for Cancellation/ Closing of Credit Card

Circumstances: A person may request the bank to close his credit card account permanently under various circumstances viz. he doesn't want to continue to use credit cards because of high use of it causing an increase in expenses, or he is not satisfied with that bank's credit card features or charges, or there was some unwanted dispute relating to the credit card transactions, etc.

Think twice: Whatever the reasons be, it would be wise to evaluate the situation properly and then only apply for closure of credit card account and surrendering of the credit card. Because in many cases it is seen that just after a few days the person realizes that he has done a mistake by giving up the credit card and then he again applies for the credit card.

Demerits: If you don't have a credit card, then (1) In the time of need, you may not have enough money to buy urgently needed things; (2) Once you surrender the credit card and then again apply for it, the bank might not approve it; (3) If bank approves it again, then some charges may be levied again.

Surrender: Anyways, if you are sure to apply for the closure of the credit card, then you can visit the bank's branch and submit the necessary form for it. Or else you can download the form from the bank's website and submit it at their branch or send it at the address given therein. Or else if the bank so allows you can write a simple letter with the credit card details and submit it at the bank's branch office.

Following format can be useful. Fill in the necessary details and submit it to the bank only.

FORMAT

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

To

The Manager

(Name of the Bank)

(Name of the Branch)

(Branch Address)

Sub.: Application for closure of my credit card.

Dear Sir/Madam,

I am hereby kindly requesting you to cancel/close my credit card account. Details of which are mentioned below.

Credit Card Number: .............................

Name of the Card Member/Holder: .....................

Reason for card cancellation/closure: I have been using it recklessly for last few months and it is affecting my monthly savings in money. Hence, I want to close it.

There is a loan active in the said credit card account. The same may be closed too and the necessary amount including interest, if any, may kindly be debited from my savings account with your bank bearing account number ..............................

I have read and understood the terms and conditions of the bank regarding this closure of credit card and I agree to abide by the same.

Kindly do the needful and communicate accordingly.

Thanking you!

Yours faithfully,

signature

(Name of the Credit Card holder)

Request letter to Bank for Re-activation / Unblock of Credit Card

The bank may suo moto block a credit card issued to its customer if there is any violation of the terms and conditions or if there is any suspicious transactions detected in that card.

The customer may request for blocking or hotlisting the credit card to deactivate it because of several reasons viz. lost/misplaced the card, its stolen from him, unauthorised transactions carried out, etc.

Once the card is blocked or deactivated, the customer in his own discretion may request again for reactivation if he founds the lost card again or if he changes the PIN etc.

The application form for reactivation is available at the bank's website or branch office. Please find it and submit it. Otherwise if there is no prescribed form, submit a written letter. Following format should be enough. Do necessary modifications.

FORMAT

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

From

(Name of the Credit card holder)

(Complete registered address)

(Contact No. / Email id)

To

The Manager

(Branch Name)

(Bank Name)

(Address)

Sub.: Request to reactivate my credit card

Ref: My credit card no. ...........................

Dear Sir/Madam,

I hereby kindly submit the request for the reissue of my credit card bearing number ............... issued by your bank earlier and blocked afterwards.

I understand that the limit of the credit card will remain the same. I am fine with that. I further agree and accept the terms and conditions applicable on credit card of your bank.

I declare that the information provided herein by me is true and correct to the best of my knowledge. I further declare and affirm that I am a Resident Indian and that I am eligible to apply for credit cards of any banks.

Kind request to please consider my application favorably. Applicable charges, if any, for this purpose may kindly be deducted from my savings account (no. ...............) or may be charged to the credit card itself.

Thanking you,

Yours faithfully,

   signature

(Name of the Credit card holder)

Enclosures:

1) Copy of identity proof - self attested PAN card

2) Copy of address proof - self attested Aadhar card

Letter to Bank for Credit Card Limit Enhancement / Increase

Request for credit card limit enhancement can be submitted through:

1) Option available after logging in at Net-banking or credit card portal of bank and submitting the request there;

2) Soft copy of "Form" available at bank's website to be filled, printed, signed and sent to their address or submit at their ATM counter;

3) Printed "Form" available at bank's branch office to be filled, printed, signed and submitted there.

4) If no prescribed form available, then submit a letter in writing with all the details and submit at their branch /sent to the bank's address.

Find the correct address of the bank from bank's website where the letter has to be sent.

FORMAT

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

From

(Name of Credit card holder)

(Complete Address)

(Contact No./ Email id)

To

The Manager

(Branch Name)

(Bank Name)

(Address)

Sub.: Request for credit card limit enhancement

Ref: My credit card no. ....................................

Dear Sir/Madam,

I have been a holder of your bank's credit card (no. ..................) for last 2 years. I have been using the card for making payments towards utilities bills, shopping purposes, etc. I have been making the bill due amounts well in time by last date. I have never defaulted in payment so far.

Sometimes I am wanting to make some payments but I find the limit is already used up. I, therefore, would like to request you to increase the credit card limit from the current limit of Rs. .............. to Rs. ...............

I am enclosing herewith the following documents for your records:

1) Salary slips of last 3 months;

2) Latest income tax return copy;
3) Copy of self attested PAN/Aadhar card.

Please be rest assured there won't be any default from my side in making payments of credit card bills. Also for your kind information my next appraisal in job is due next month, so I will also be even more comfortable in making payments in time.

Kind request to your goodself to consider my application favorably. Applicable charges may be charged to the credit card or debited from my savings account in your bank bearing number ...........

Looking forward to your response soon.

Thanking you,

Yours faithfully,

  signature 

(Name of the Credit card holder)