Introduction
Dear Bank Manager,
I am writing to request that you convert my existing savings account to a salary account. I have been a loyal customer of your bank for many years and I am confident that you will be able to provide me with the best service and benefits. I understand that a salary account offers a number of advantages, such as higher interest rates, lower fees, and access to a range of other services. I am confident that this conversion will be beneficial for both myself and your bank.
Thank you for your time and consideration.
Sincerely,
[Your Name]
Sample Letter to Bank for Convert Savings Account to Salary Account
[Your Name]
[Address]
[City, State, Zip Code]
[Date]
[Name of Bank]
[Address]
[City, State, Zip Code]
Subject: Request to Convert Savings Account to Salary Account
To whom it may concern,
I am writing to request that my savings account be converted to a salary account. My account number is [account number].
I am currently employed at [company name] and my salary is deposited into this account every month. I would like to take advantage of the benefits that come with a salary account, such as higher interest rates and additional services.
I understand that I may need to provide additional documentation to prove my employment status. I am happy to provide any documents that are required.
Thank you for your time and consideration.
Sincerely,
[Your Name]
Salary accounts have more benefits when compared to savings account. The major benefit of having a salary account is a 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 (For SBI Account Holders)
To
The Branch Manager,
State Bank of India,
Branch Address,
Pin Code.
Sub: Request for account conversion.
Respected Sir/Madam,
I ____________(your name) savings bank account holder of your bank for last one year and my account number is ___________(bank a/c no.) I have been employed by the _____________ company name from _________( date of joinining).
All the employees of our company have salary accounts in your bank, so I would like to convert my savings bank account to salary account, so that I can get some more benefits.
So kindly convert my savings bank account to salary account, please do the needful.
Thanking you.
Regards,
Your name.
Format 2 (For Other Bank Account Holders)
To
The Branch Manager,
Bank Name,
Branch address.
PIN Code.
Sub: Request for Salary Account Conversion
Dear Sir,
I _____________ (account holder name) have been running an account in your bank with account no _____________(a/c no). Recently I have joined ____________(company name) and I would like to convert my normal savings bank account to a salary account.
So here I am requesting you to kindly convert my savings bank account to salary account.
Thanking you.
Regards,
K Raghuram.
Sample Letter to Bank for Convert Savings Account to Salary Account
Dear [Name of Bank],
I am writing to request that you convert my savings account to a salary account. I have been a customer of your bank for [number of years] and I am very pleased with the services you have provided me. I am now in a position where I need to have a salary account in order to receive my salary payments.
I understand that I will need to provide you with certain documents in order to complete the conversion process. I am attaching a copy of my most recent pay stub, as well as a copy of my employment contract. I am also including a copy of my identification card for your records.
I would be grateful if you could process my request as soon as possible. I look forward to hearing from you soon.
Sincerely,
[Your Name]
