A Security Deposit Confirmation Letter is a crucial banking document used in Pakistan when a customer places a security deposit with a bank, typically as collateral for a facility or to secure specific obligations. This document, governed by Pakistani banking laws and regulations, serves as official confirmation of the deposit arrangement and outlines key details such as the deposit amount, term, purpose, and conditions for release. It's commonly used in various business contexts, from securing credit facilities to providing financial guarantees. The letter provides legal protection for both the bank and the depositor by clearly documenting the terms of the security deposit arrangement and helps ensure compliance with local banking regulations and State Bank of Pakistan requirements.

1. Letter Header: Bank's letterhead, date, reference number, and addressee details

2. Account Details: Customer account number, type, and branch information

3. Deposit Confirmation: Explicit confirmation of the security deposit amount received

4. Deposit Terms: Key terms including duration, interest rate (if applicable), and maturity date

5. Purpose of Deposit: Stated purpose or facility against which the security deposit is held

6. Lien/Charge Details: Confirmation of bank's lien or charge over the deposit

7. Release Conditions: Conditions under which the security deposit will be released

8. Contact Information: Relevant bank contact details for queries

9. Closing and Signature: Standard closing, authorized signatory details