Letter Template

Request Letter to Bank for Reducing Interest Rate on Housing Loan – Sample Request Letter for Home Loan ROI Reduction

Deepanshu Thakral
December 22, 2020
Expert Guidance & Training Tips
When writing a request letter to the bank for reducing the interest rate on a housing loan, clarity and politeness are essential. Clearly state your name, loan account details, and the duration of your association with the bank. Mention the current interest rate and the reduced rate applicable to existing customers. Request the bank to reduce the interest rate on your loan accordingly. Provide all necessary loan details for easy reference. Express gratitude and politeness throughout the letter, and avoid omitting any crucial details.

Sample Letter to Bank for Reducing Interest Rate on Housing Loan

When writing a request letter to the bank for reducing the interest rate on a housing loan, clarity and politeness are essential. Clearly state your name, loan account details, and the duration of your association with the bank. Mention the current interest rate and the reduced rate applicable to existing customers. Request the bank to reduce the interest rate on your loan accordingly. Provide all necessary loan details for easy reference. Express gratitude and politeness throughout the letter, and avoid omitting any crucial details.