How To Close DCB Bank Account Online?

When it comes to private and nationalized banks across India, the choices are quite potent and diverse. You have your staple list of banks available and then you have a few underrated choices that are popular in a few local states. DCB Bank is one such underrated bank that is accessible in certain parts of India.

DCB bank was cofounded in 1930 by Dhirubhai Chimanbhai Patel Group. Besides the amazing services that it offers, DCB Bank is also known for its immaculate support in terms of savings, investments and innovations in terms of the available banking facilities.

They offer all the digital banking services that you’d likely need. Also, if you are looking for getting into contactless payments, this is a bank that heavily supports that. However, like any good event, if you don’t have any further need of your DCB Bank account, it is ideal if you close the account for good.

This allows you to plan your finances better and not to mention that you do get to make the most use out of the ease of processing when it comes to bank account closure. We have sorted out all the information about the same for you to look into.

Why Close a Bank Account in DCB Bank?

There can be several reasons why you want to close your DCB bank account. It can be due to poor service of the bank, or it can be other personal reasons that don’t allow you to have a bank account tied to them.

Whatever the reason is, be assured that closing the DCB bank account is not a hassle at all. You can make the most out of this without any complications at all. Ideally, we’d recommend that you ascertain why you wish to close the bank account because you might have to state the reasoning when submitting your closure application to the branch manager or the officer in charge.

How to Close a DCB Bank Account?

With the reasoning sorted out, the next thing that you need to focus on is the process involved in closing the bank account. Ideally, it isn’t a very complicated process at all. If you know the right steps and reasoning, it becomes a lot easier for you to manage things. Let us walk you through the closing steps for your bank account.

Like most of the other banks in India, even for DCB bank, you need to visit the branch to be able to close your bank account. You can’t do the same online.

Following are the steps you have to follow:

• Start by visiting your nearest branch to pick up an account closure application form. If you don’t want to visit the branch just yet, you can always download and then print the application form online. 
• Once you have the closure form with you, the next step is to go ahead and fill up the account closure form. Make sure that you keep a check on filling up all the necessary details. You can’t afford to skip or miss out on any details on the form. It is mandatory.
• Once you are done filling out the application, the next thing you need to do is sign the application form. 
• While submitting the closure application, you also need to submit the KYC details along with the bank documents, including your balance cheques and the passbook, debit card etc. An individual must submit all of these with the closure application.

The completed application form is submitted to the bank manager or officer in charge who then takes it forward. You’d need to focus on ensuring that all the details are filled out as per the instructions.

What are some clauses to remember before closing the DCB Bank account?

If this is your first time closing the DCB bank account, there are a few important factors you need to keep in mind. 

• Only close the DCB bank account if you are confident that you won’t need it anymore in the future. A closed bank account can’t be reopened. You’d have to open a new account all over again.
• If you have any EMI or automated payments associated with the account, you need to terminate all of them before you close the bank account. You must clarify the same with the bank manager before you submit the closure form.
• If you have any balanced dues, clear or transfer them. Also, before closing the bank account, always make sure that you focus on maintaining the minimum account balance to avoid extra charges.

How to write an application to the Bank Manager for Account closure of DCB Bank?

If you have a current bank account with DCB Bank and you aren’t sure how to close the account directly without any hassle, we’d recommend that you directly write to the branch manager. 

An application directed to them can solve all the queries and complaints that you can think of. Ideally, we’d recommend that you focus on keeping the application short and crisp like mentioned below:

To, 

The Branch Manager 

DCB Bank (Branch Name) 

Subject: Request to Close DCB Bank Account No.xxx-xxx-xxx-xxx. 

Sir/Madam, 

Mr./Miss XYZ, residing at [address], has a DCB Bank bank account number xxx-xxx-xxx-xxx. I’m writing today because I’d like to close the account with the account mentioned above number. 

I am closing the bank account as I cannot utilize it because I have created a new account with another bank. I have already transferred all my funds from the old account to my new account, with only the minimum balance remaining. 

And I am willing to close this DCB bank account, and I would appreciate it if you could fulfil my request and close this bank account as soon as possible. 

Thanking You 

Yours Faithfully, 

(Name and Signature with Date) 

Account No.- xxx-xxx-xxx-xxx

If you have been meaning to close your DCB bank account without any hassle, we hope this article gives you all the inputs that you need to process the closure application with ease.