Write a letter to the Bank Manager requesting him for lowering the interest rate of a loan applied for
From,
ABC,
Address
Date: xx/xx/xxx
To,
The Branch Manager
XYZ bank
XYY branch
Address
Sub : Request for lowering the interest rate
Dear Sir,
As per the guideline xx/xx/2022 your bank has reduced the rate of interest from 12% pa to 10% pa. I am also eligible for the same My name is ABC. I am a current account holder in y our branch for the last 5 years and applied for a home loan of rupees 20 lack. I wrote a letter to you asking the details of the loan and in reply I received an email mentioning that I have to pay 12% pa for the loan. I am an honest customer of your bank for all the years and taken a personal loan 3 years ago which I repaid on time. Then why this partiality happening with me.
Therefore I humbly request you for lowering the interest rate to 10% pa so that I can proceed further. I will look forward to your answer.
Thanking you
Your faithfully,
ABC