write a letter to manager
of a local bank asking for
detailed information about
Savings account to be opened
by the students of your
class.
Answers
Answer:
Dear Sir/Madam,
I am the Prefect of Std. X A of the Omtex English Academy. It is the wish of at least 35 students of the class to open savings accounts in your bank. The purpose is not only to gain practical knowledge of banking procedures but also to develop the habit of saving money.
We would like to have the following information:
(1) What is the minimum amount with which a saving account can be opened?
(2) What interest rate does the bank offer on the savings account?
(3) What is the minimum balance to be maintained?
(4) Is there any restriction on withdrawals?
Kindly send us the information we seek. We are keen on opening the savings accounts as soon as possible.
Yours faithfully,
Explanation:
Answer:
To
The Manager,
4-C Scheme Co-op. Bank Ltd, [Address]
Jaipur-302017.
Subject: Request for information regarding opening of savings bank account for students.
Respected Sir/Ma'am,
I am writing to express my concern over the demands put up by various students in my school requesting information regarding gaining practical knowledge of banking procedures to open savings account. Students wish to be informed about the same as they seek to be financially independence and are looking forward to gain the following knowledge:
1. What is the minimum balance that should be maintained in the account from time to time?
2. Are there any restrictions on the withdrawals?
3. What is the minimum amount that should be deposited to open the account?
4. What are the various rate of interested that would be levied by the bank?
There are some of the information students were willing to seek and looking forward for your generous guidance.
Yours truly,
ABZ