Sometimes we are unable to visit the bank personally and we have cash to deposit or withdraw. In such a scenario, writing a Bank Account Authorization Letter is one thing that can be of great help to you. With this letter to bank manager for cash deposit, you are authorizing someone else to do it on your behalf. This letter is usually written in situations when you cannot go to bank personally for whatsoever reasons and authorize someone else to make transactions on your behalf. It can be authorization letter for cash withdrawal or for cash deposit in bank.
Given below is format of authority letter cash deposit in bank using which you can create a customized formal authority letter for cash deposit in bank to the manager.
Authority Letter Format for Cash Deposit in Bank
15, Pearl Residency Apartments
Bani Park, Jaipur
Date: 1st, December, 2016
Mr. Ajay Kumar
State Bank of India
Bani Park, Jaipur
Sub: Cash deposit in bank account number 123-456-89.
I am writing this letter to authorize my son, Arun Sharma, to deposit an amount of INR 32,000 in my bank account number 123-456-89 with your esteem bank on my behalf as I am not keeping well. The Adhar Card No. of Arun Sharma is IND112233, the self attested photocopy of which has been enclosed with this letter.
Here are the details of the denominations:
500 X 64 = INR 32000
I also authorize and undertake the Bank with this letter to debit my account number 123-456-89 in case of shortfall because of fake currency or counterfeit notes without any intimation. I, hereby, declare that I will not hold the Bank responsible for any dishonor or ECS or cheque as a consequence that may get declined because of the recovery of shortfall amount. I state that I understand that the Bank will be following the rules and regulations in relation with fake currency or counterfeit notes.
In case of any queries, please feel free to get in touch with me at 9888888080. Kindly make the deposit on my behalf.
Thanking in anticipation