How To Close Central Bank Of India Account Online?
Closing our bank accounts can be one of our most pressing issues, especially if unfamiliar with the financial and banking systems. Often, we are unsure about who to dress address and the essential details to mention while preparing an application for the closure of a bank account. Furthermore, banks do not want to lose their precious consumers; therefore, they aim to keep the procedure as clean & simple as possible. If you’re going to close a CBI account, this post will guide you about ‘How to close Central Bank of India Account Online?‘
|Article||Central Bank of India Account Closing Process|
|Bank||Central Bank of India (CBI)|
|Beneficiary||Central Bank of India Customers (CBI)|
The Central Bank of India (CBI) was established in 1911. It was the first commercial bank owned and operated by Indians. CBI currently has an extensive network of 4695 branches, four extension counters, and 29 satellite offices. It offers competitive savings account interest rate options. But still, there, which can lead a customer to close a CBI bank account. Follow the below-given procedure for the same.
Table of Contents
- How to close Central Bank Of India Account Online?
- How to close Central Bank Account
- Central Bank of India Account Closure Form (PDF Format)
- Central Bank of India Account Closing Letter Format
- Central bank Minimum Account balance
- Central Bank of India Account Closing Charges
- Can I close central bank of India account online?
- Account closure form is necessary to close Central Bank of India Bank Account ?
- Where can I get central bank of India account closure form?
- What is Central bank of India minimum monthly balance?
- How many days will bank take to close Central Bank of India Account?
- What are the central bank of India account closing charges?
How to close Central Bank Of India Account Online?
Unfortunately, It is not possible to close the Central Bank of India account online is not possible. Therefore, if you are searching for ways to close the central bank of India account online, you might not find appropriate information. The only way to close the central bank of India account is by submitting the CBI account closure form or the closure application to the bank official.
How to close Central Bank Account
Note: You can also get all the documents and visit the Central bank of India home branch. Then, collect the Central Bank Of India account closure form from the branch, fill in the details, and submit it. It will save your time, and in case of any problems, you can inquire about queries from the bank itself while filling out the form.
Central Bank of India Account Closure Form (PDF Format)
The account closure form will be accessible at the bank, and it will ask for a reason for the account closure. However, many people find it challenging to download the account closure form online. All account holders should sign the form. Then, another form must be completed to move the balance funds with the account details.
When closing a bank account, it is essential to submit an account closure form and the required documents.
Central Bank of India Account Closing Letter Format
The Central Bank of India Account Closing Letter Format is a letter that is sent to the bank from the customer when they want to close their account. The letter should contain all the details that are required for the customer to know about their account, which includes:
- The date on which they need to close their account.
- The notice period that the customer needs to give before closing their account.
- The last date on which they can withdraw money from their account.
- The amount of money that will be refunded to them after closing their account and any other pending transactions.
Here is what a central bank account closing application should look like-
To, The Bank Manager, Branch Name Branch Address Subject: Close Central Bank of India bank account. Sir/Madam, I want to close my savings/current account with the central bank of India. However, I have opened a new bank account with another bank, and I cannot maintain two bank accounts simultaneously. Therefore, I implore you to process my application and close my central bank of India account with my Account number [_____], IFSC code[______], account holder name [______]. Kindly process my account cancel application as soon as possible. Thank you Yours sincerely [Name] [Signature]
Central bank Minimum Account balance
|Metro /Urban Branches||Rs.2000/-|
|Rural Branches||Rs. 500/-|
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Central Bank of India Account Closing Charges
The Central Bank of India (CBI) has announced that it will be imposing a charge of Rs. 500 for account closing from September.
This charge applies to all accounts, including savings current and fixed deposits. The RBI has also clarified that this charge would not apply for the first four times an account is closed in a year.
|Within 14 Days of Opening Central Bank of India Account||No Charges|
|After 14 Days up to 1 Year||Rs 500+GST|
Can I close central bank of India account online?
Account closure form is necessary to close Central Bank of India Bank Account ?
Where can I get central bank of India account closure form?
What is Central bank of India minimum monthly balance?
How many days will bank take to close Central Bank of India Account?
What are the central bank of India account closing charges?
You may have noticed that closing a Central Bank of India account offline is as simple as visiting the nearest branch. However, there is no way to close a Central Bank of India accounts Online. Therefore, closing a bank account with the Central Bank of India is usually not advised. We have shared all the essential details about how to close the central bank of India account online. However, in case of any problem, you can connect with the central bank of India customer service at 1800 22 1911.