Employees are entitled for refund of security deposit when they leave the company and for that they have to write a formal security deposit demand letter in case the company has not paid the security deposit. The security deposit refund letter format is a formal letter that is short and simple and is kind of a request letter.
In this post, we have come up with a demand letter for refund of security deposit template. You can use this sample security deposit return letter to create a personalized letter.
Demand Letter Format for Refund of Security Deposit
54, St. Anthony Road
Date: January 11th, 2021
Sub: Request to Return Security Deposits
I, John Smith, am currently serving my notice period. I was employed with your prestigious company for last four years and had a wonderful time learning so many new things and walking up the ladder with the guidance of my team leaders. This place has become my place of inspiration where I would always feel motivated to work harder in life.
I am writing this letter to request you for the refund of my security deposit. As per the policy of the company, it has my security deposits which amount to my two month salary. By the end of the month, my notice period will also end and I will be shifting to another city where I have taken up a new job. Therefore, I request to please have my refund processed at the earliest so that the formalities end before I depart from the city.
Thanking you and looking forward for a quick action from your side.