Letter Formats and Sample Letters: Major Account

Friday, April 21, 2017

Change of Status from Minor to Major in SBI Mutual Fund

Looking for how to Change of Status from Minor to Major in SBI Mutual Fund ? You can download here the official format and use it for your purpose. Read on!

Change of Status from Minor to Major

Folio No: ____________________ Name: ___________________________________
I would like to inform you that the Investment(s) in the above Folio was made when I was minor and same was represented by _____________________________________ (Guardian Name). As I have attained age of 18 years as on ____________________, I request you to change my status in the Folio and remove the Guardian Name and also update the following details in your records:
Documents to be submitted:

1. Self attested PAN & KYC acknowledgment copy of the major [Mandatory].

2. Age Proof – Birth Certificate / School Leaving Certificate/Mark Sheet issued by Higher secondary

school of respective states, ICSE, CBSE etc. / Passport / PAN Card / Any other suitable proof issued by Government Authorities.

3. For updation of Bank details (any one of the following):

4. Cancelled Cheque with Name & Account number printed on it.

5. Copy of the Bank Pass book / Bank Statement showing A/c holder Name and A/c No., duly attested by the Bank Manager where the above mentioned bank account is maintained.

Note: The date of the letter & KYC acknowledgement should be on or after the date of attaining the age of majority. You may produce the original documents mentioned above along with the photocopies at any SBIMF / CAMS Service centre and the originals shall be returned to you after verification. Alternatively you may submit the photocopies duly attested by the Bank Manager (where the above mentioned bank account is maintained) clearly mentioning the name, designation, employee code with branch seal.

Click here to download the PDF format for Change of Status from Minor to Major in SBI Mutual Fund

Wednesday, December 21, 2016

Bank Bank Letters Major Account Minor Account SB Account

Sample letter to bank for converting minor account to major account

Duraimani 10:36 AM 2 Comments

First of all, you should know what is minor account and what is major account. Minor account is the account created in any bank when you are under aged. That is below 18 years. For example, during your school studies or college studies, you may have opened student account for scholarship check, loan, etc. That student account is minor account. So the major account is the account created after 18 years of your age or older. If you have minor account, you can't get complete features like major account. So after crossing the age 18 or above, you should the close your earlier minor account or just convert it to major account. In this connection, you should approach your bank manager and submit a request letter to change your account from minor to major. You need to submit age proof along with your application. Here's a sample letter to write a request letter for this purpose.

How to write letter to bank for converting minor account to major account- Sample Letter Format

From

R. Radhika

55, Municipal Street,

Kadaiyanallur,

TN, India.

The Bank Manager,

SBI Bank,

Kadaiyanallur,

TN, India.

Respected Sir / Madam,

Sub: Request letter to change minor account to major account

I have opened an account when I was student at the age of 16. Now I crosses 18 years old. So I wish to use my account with all features by converting it to major account. Please kindly do needful. I have attached my account details and proof of age.

My account number: _________________

Thanking you!

Attachments:

1. Xerox copy of bank passbook

2. Proof of age, Aadhaar card. [You may use any other proof too]

Yours faithfully,

[Signature]

R. Radhika

Date: 22-12-2016

Place: Kadaiyanallur

Note: In some places, you need to give your information to make this letter meaningful. The details here shown are for writing this letter format only. Those details do not belong to anybody.