Close Citibank Salary Acc Without Visiting Branch

Many of us get salary account from Citibank. Citibank salary account is really good, however when salary is not regularly deposited salary account(Suvidha account) will be converted into saving bank account.
The drawback of Citibank saving  account is we have to maintain a minimum balance of 2 Lakh rupees! yes you heard it rite 2 Lakh rupees.

How to close this account ?

There are two options

1) Walk into Citibank branch with your account closing request letter.
2) Use Postal service to send your account closing request letter.

For 1st option please visit http://wisevishvesh.wordpress.com/2011/02/21/closing-citibank-savings-account/
where author has provided clear steps.

For 2nd option follow below.

I chosen second option as there is no near by Citibank branch.

1.Reduce your balance to Zero.
Just to be on safer side, reduce you account balance to zero. Withdraw or transfer your fund to your other account. 

2.Download the form from link -http://wisevishvesh.files.wordpress.com/2011/02/citibank_suvidha_account_closure_letter.doc
3. Mention your account details- Saving, ERA etc.
4. Take a printout and sign the form.
5. Post form with ordinary post or through courier.

By ordinary post:
Citibank N.A,
P O box No. 4830
Anna road post office
Chennai 600 002

By courier
Citibank N.A.
Mailroom
No.2, Club House Road, Chennai 600 002

I used ordinary post with 5 rupees stamp.

Wait for 5 to 6 working days, you will get a mail and sms account closing confirmation. Now you can destroy your debit card and check book.

To close your Citibank credit card account just call them and request for a closure. You will get a confirmation call from Citibank executive to close your Citibank credit account.

Hope this was helpful.