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  1. #1
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    Jan 2009
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    Question Bank letter for request reduce Interest rate

    Dear Teacher

    Please check my below bank letter. I want to request to bank for reduce their interest rate on my home loan. please reply with new things.

    Thanks for in advance.

    --------------------------- Staring here
    To,
    CitiBank
    A'bad

    Sub : Home Loan Interest Rate

    Dear Sir,

    I have home loan A/c. No : XXXXXX with you since 2005

    I would like to inform you that I am reliable home loan customer since 2005 with your bank. I regular paid my home loan installment without any interruption.

    Now I want to transfer my loan to another bank due to another bank home loan interest charges is less compare to your bank. If you are interested to reduce your home loan interest rate, I will stay with you, otherwise you would think to me to transfer this home loan to another bank.

    I want to reply from side with in 15 day from the receipt of this letter.

    Your Kind cooperation in this matter will be highly appreciated.
    ------------------------------ End of Letter ---------------
    Regard
    Dhara

    Thanking you,

  2. #2
    The French is offline Senior Member
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    Default Re: Bank letter for request reduce Interest rate

    Hello, I am 'The French' I'm not a teacher,

    but before you send a letter to your bank about the rate of the home loan, be sure you can change your contract or agreement you have sign.

    I don't know the banking rules in India, but I do not think you can change of bank in the middle loan.

    I am a saler man, and I think if you have the possibility to change, it is better to go directly to your bank to negociate face to face the decrease of your interest. If you write to the bank, they try surely to gain time.

    Hope you find a way to touch your target.

    Have a nice day.

  3. #3
    bhaisahab's Avatar
    bhaisahab is offline Moderator
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      • Retired English Teacher
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    Default Re: Bank letter for request reduce Interest rate

    Quote Originally Posted by dhara View Post
    Dear Teacher

    Please check my below bank letter. I want to request to bank for reduce their interest rate on my home loan. please reply with new things.

    Thanks for in advance.

    --------------------------- Staring here
    To,
    CitiBank
    A'bad

    Sub : Home Loan Interest Rate

    Dear Sir,

    I have home loan A/c. No : XXXXXX with you since 2005

    I would like to inform you that I am reliable home loan customer since 2005 with your bank. I regular paid my home loan installment without any interruption.

    Now I want to transfer my loan to another bank due to another bank home loan interest charges is less compare to your bank. If you are interested to reduce your home loan interest rate, I will stay with you, otherwise you would think to me to transfer this home loan to another bank.

    I want to reply from side with in 15 day from the receipt of this letter.

    Your Kind cooperation in this matter will be highly appreciated.
    ------------------------------ End of Letter ---------------
    Regard
    Dhara

    Thanking you,
    To,
    CitiBank
    A'bad

    Sub : Home Loan Interest Rate

    Dear Sir,

    I have a home loan A/c. No : XXXXXX with you since 2005.

    I would like to inform you that since then I have been a reliable customer. I have regularly paid my home loan installments without any interruption.

    Now I would like to transfer my loan to another bank because their home loan interest charges are lower than yours. If you are interested in reducing your home loan interest rate I will stay with you, otherwise I will seriously consider transfering my home loan to another bank.

    I would request a reply from you with in 15 days from the receipt of this letter.

    Your kind cooperation in this matter will be highly appreciated.
    ------------------------------ End of Letter ---------------
    Regard
    Dhara

    Thanking you,[/QUOTE]

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