Application for Converting Joint Account To Single Account (2 Samples)
If you want to convert a joint account to a single account, you'll most likely require the application for converting a joint account to a single account.
If you answered yes, you must provide the information for the previous bank account that you want to link to this new one.
When one of the joint account holders dies or wishes to quit for whatever reason, the other joint account holder must notify the bank of the circumstances so that the leaving account holder's name is removed from the joint account.
It will keep the remaining account holders from having to deal with bank transaction issues in the future.
We must file a request letter to the bank to change the point account to single to have the name of the joint account holder removed.
To have the name of the joint account holder removed, we must send a request letter to the bank, along with a copy of the leaving person's identification certificate.
Sample application for a joint account to a single account.
This is a representative example. Letter requesting that one individual be removed from the joint account.You may discover how to convert a joint account to a single account or change a joint account to a solo account by reading this letter.Â
You can change the format to suit your needs.
READ• Application for Bank Statement.
SAMPLE 1: Joint account to single account application SBI.
Your address
______________.
To,
The branch manager,
State Bank of India (SBI)
Address of the Bank
Name of the Branch.
Date : DD-MM-YYYY.
Subject: application to convert a joint account to a single account.
Dear Sir,
This is to inform you that my name is Anita Das and that my address is in Lower Mumbai. Since 2020, I've had a savings account with your bank with account number 900847455.ÂThe account's joint holder name is (Name), and the customer ID is (ID) (Customer ID of Joint Holder).
Please convert this joint account into a single account in Anita Das' name and alter the mode of operation to (new mode of operation).ÂThe reason for this is because a person is being relocated to another country. The sample signatures may be found at the bottom of this page.ÂIn relation to the joint account, I agree to follow the bank's policies.
Thanking you,
Yours Faithfully,
_________ (Name),
_________ (Signature).
You'll need:-
SAMPLE 2: Application to convert joint account to single account in SBI.
your address,______________.to,the manager______________ [bank name]______________ [bank address]______________ [branch name].date : 19th september, 2022.Subject, joint account to single account application request letter.Respected sir,
I respectfully request that I be added to your bank's account. My son and I have a joint account, but he no longer lives here, therefore I'd like to remove his name from it.
My son's information is as follows: – Ages –Â
Names –
As a result, I requested that our joint account be converted to a single account. I shall be eternally thankful to you for this.
Yours sincerely,
Name : ____________
Account number : _______________
Signature : _______________________.
Read more tips & examples.....
READ• Cancellation request letter.
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Note:- To change the account mode from joint to single operated, the bank may require that the application be submitted in the presence of all account holders and that all relevant documents be submitted along with the application form, including Customer Request Forms, Mode of Operation Change Forms, KYC, and any other documents as required by the bank.Â