To,
(Name)
(Address)
Dear Sir,
Re: Expiry of overdraft limit
ADVERTISEMENTS:
The overdraft limit sanctioned to you is expiring on ____________ (Date). We shall be glad if you will kindly arrange to get the account closed in full on or before that date. If, however, you are interested to renew the facility, kindly submit your application with the following details:
Two certified copies of your balance-sheet indicating the profit and loss statement. The balance-sheet should have been duly audited by your legal chartered accountants.
Please note that withdrawals will not be allowed in the account after the expiry of the facility.
Yours faithfully,
(Your Name)
Branch Manager
Dated ____________