Savings/Current Account Closure Form
Account number: Date:
Name of the account holder: ---------------------------------------------------------------------
Reason for closure of Account (Please select any one reason)
1. Deficiency in Branch Services 6. Moving to other Bank- Foreign/ Private Bank
2. Monthly/ Quarterly/ Half yearly charges on higher side 7. Moving to other Bank- Nationalise/ Co-operative Bank
3. Shifted to other location where there is No Axis Bank 8. Opening the account in some different scheme code
4. Monthly/ Quarterly/ Half yearly balance on higher side 9. Deceased case/ Change in constitution/ Legal case
5.
Dissatified with the present product offering 10.
Other relationship with the Bank are closed
DESIRED MODE FOR RECEIPT OF CLOSURE PROCEEDS
Please select desired mode of remittance for receiving closure proceeds.
1. NEFT/RTGS Account Type: A) Resident Savings Account B) NRI: 1. NRE 2. NRO C) Current Account
Bank Details: Bank Name
Other Bank Account No: IFSC Code:
Reconfirm Bank Account No:
Name of the Account holder:
2. To Another Axis Bank Account:
3. By Demand Draft (Will be delivered only at the mailing address and cannot be made to third party accounts).
Declaration
1. The fund transfer will be governed by the Terms and Conditions given on our website www.Axisbank.com. 2. I/We understand that as per RBI Circular dated
October 14,2010 transfer of funds through electronic mode will be executed only on the basis of the account number of then beneficiary provided while initiating
the transaction. 3. I understand that this facility is available only at select location and banks covered under Electronic Funds Transfer Facility ordered by RBI.
4. I/We declare that above details are true and correct and the account is in my/our name. 5. Standing Instruction/ Demat Account/ Locker/ OSC, SB & Current
A/cs, Credit Card(s), etc will be delinked from the Account 6. I/We further declare that I/We have already destroyed/authorise Axis Bank to destroy all Cheque
Leafs/Books and ATM/Debit Card linked to above account. 7. Cancelled cheque copy to be attached along with the request if the closure proceeds are >₹25000.
8. If mode of remittance is not selected or Remittance through NEFT/ RTGS is returned due to any reason, then by default DD/ PO will be issued. 9. In case of
company account necessary board resolution to be provided. 10. Closure fund will be remitted through NEFT/RTGS on T+1 working day .
Signature of all applicants mandatory (in case of more signatory please use another form)
Signature of Signature of Signature of Signature of
Account Holder/ Authorised Signatory Account Holder/ Authorised Signatory Account Holder/ Authorised Signatory Account Holder/ Authorised Signatory
Name Name Name Name
BANK USE ONLY
Approval enclosed for Lien Removal/ Charge reversal/CVS: Branch Head Cluster Head Circle Head Regional/Product Head
Certified that this Request letter is complete in all aspect & all relevant documents are obtained & verified Mode of Operation
and signature of the A/c. The request may please be processed.
Operations Head. Branch Head.
EMP No.__________________ S.S No__________ Designation. _______________ Name
Acknowledgment
We acknowledge receipt of Saving/Current account closure form by you in favour of
Name of account holder:
Account No.: Date of Receipt:
Branch stamp and sign
