Draft a letter to depositor informing him about payment of interest through Interest Warrant.
Q.7 (iii) Draft a letter to depositor informing him about payment of interest through Interest Warrant.
Q.7 (iii) Draft a letter to depositor informing him about payment of interest through Interest Warrant.
Best answer
Answer: Specimen letter
STAR INDUSTRIES LIMITED
Regd. Office: 21, Karve Road, Pune 411004
CIN: L00000MH2005PLC000000 | Tel: 020-25550000 | Email: secretary@starind.in
Ref. No.: SIL/SEC/FD/INT/2026/77
Date: 30 June 2026
Mr. Prakash Joshi
Deposit Receipt No. FD/2025/0412
9, Nehru Chowk,
Satara 415001
Subject: Payment of interest on deposit through Interest Warrant
Dear Sir,
We are pleased to inform you that interest on your fixed deposit of ₹ 50,000 for the half year ended 30 June 2026 has become due. The details are:
| Deposit Receipt No. | FD/2025/0412 |
| Amount of deposit | ₹ 50,000 |
| Rate of interest | 9% p.a. |
| Interest for the half year | ₹ 2,250 |
| Less: Tax deducted at source | ₹ 225 |
| Net interest payable | ₹ 2,025 |
| Interest Warrant No. | IW-1189, drawn on State Bank of India, Pune |
We enclose herewith Interest Warrant No. IW-1189 for ₹ 2,025. The warrant is valid for three months from the date of issue and is payable at par at all branches of the bank. Please deposit it in your bank account within the validity period. A TDS certificate will be sent to you in due course.
Kindly acknowledge receipt of the warrant. You may also provide your bank details (ECS mandate) so that future interest can be credited directly to your account.
Thanking you,
Yours faithfully,
For Star Industries Limited
(Signature)
Company Secretary
Encl.: Interest Warrant No. IW-1189
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