Salary accounts have more benefits when compared to a savings account. The major benefit of having a salary account is Zero minimum balance facility. Now every bank is charging some charges if the account holder doesn’t maintain a minimum balance in his account. So in order to avoid these minimum balance charges, you must convert your savings account into a salary account.
In order to covert a savings account to a salary account, we need to write a formal letter to the bank’s branch manager. Along with this letter you need to submit a copy of your identity card which belongs to the company in which you are working.
Sample Letter Formats to Convert Savings Account to Salary Account
Format 1
From
K Raghuram,
Sales Executive,
The XYZ Pvt Ltd.
To
The Branch Manager,
HDFC Bank,
Dwaraka Nagar Branch,
Visakhapatnam.
Sub: Request to convert Savings account to salary account
Dear Sir,
I K Raghuram has an account in your branch with account no. 1234456789. Recently I joined in XYZ Private Ltd as a sales executive. I am writing this letter to convert my savings account to a salary account.
So please convert my savings account to a salary account.
Thanking you in advance.
Regards,
K Raghuram.
Format 2
From
M Krishna Veni,
Address:
To
The Branch Manager,
State Bank of India,
Daba Gardens,
Visakhapatnam.
Sub: Regarding conversion of a savings bank account to salary account
Dear Sir,
I M Krishna Veni working as an accountant at ABC Foundation. I have a savings account in your branch with account number 456789123. Now I would like to convert my savings account to salary accout. So please do the needful.
Thanking you in advance.
Regards,
M Krishna Veni.
I have completed 36years of service in central government and my salary credited to my savings bank account in SBI.Many time requested branch manager to convert the salary account but sofar not happened due to that I unable to avail the benefits as government servent.please do the needful