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Application

Overdraft Facility Application

A formal application to request an overdraft facility on your account.

Application for Overdraft Facility

Date: [DD/MM/YYYY]

To,
The Branch Manager,
[Bank Name],
[Branch Address]

Subject: Request for sanction of overdraft facility of ₹[Amount]

Respected Sir/Madam,

I, [Applicant Name], maintaining Current Account No. [Account Number] with your branch, request an overdraft facility of ₹[Amount] against [security/collateral, e.g. fixed deposit / property] to meet short-term working capital requirements of my business [Firm Name].

I assure you that the facility will be operated within the sanctioned limit and all charges will be duly paid. Kindly consider my request and advise the applicable terms.

Enclosures: KYC documents, financial statements, security papers.

Thanking you,

Yours faithfully,
[Applicant Name]
[Firm Name]
Mobile: [Phone]

Before you use it — fill in / check

  • Applicant
  • To/Bank/Authority
  • Detail
  • Date

How to use this template

  1. Read through and replace every [bracketed] or blank placeholder with your actual details.
  2. Delete any clause that doesn't apply and add anything specific to your situation.
  3. Click Print / Save as PDF to download, or Copy text to paste into your letterhead.
  4. Get it signed / stamped / notarised as required, and keep a copy for your records.

This is a general, editable template for convenience only — not legal advice. For anything material, have a professional review it. TaxClue isn't liable for how it's used.