What Authorization Letter is?
First of all, you should know what is Authorization Letter. A letter given on behalf of you with your knowledge is termed as Authorization Letter. This letter can be used for various reasons and for various situations. Suppose consider this situation. "You want to open a SB account in any bank. You are approaching bank and submit application letter for opening the account. The official of the bank says that your Bank Passbook, ATM card, ATM card PIN, Internet Banking User Name, Password will be delivered to you after 02 days. But you are in a position to collect the kit on that day because of your other appointment on that day. So you want to collect it by one of your family members."
In this situation, the bank will NOT simply handover your account kit to other persons even if they are your blood-related. So the Bank Manager will ask you to submit an Authorization Letter through the Person who is coming for collecting you SB account kit. Hence you are required to write Authorization Letter and handover to a person you believe for collecting it on behalf of you. Use the sample letter given below to write Authorization Letter.
Sample Format of Letter of Authorization Letter to a Bank for SB account
The Bank Manager,
The Karur Vysya Bank,
Respected Sir / Madam,
Sub: Authorization Letter for collection my SB account (New) kit by other person
Date: 07th Nov 2016