How To Write A Letter To Reduce Home Loan Interest?

I suppose it depends on the reason you are asking for a reduction in your loan rate. If it because you feel you are being over changed in relation to the national average then I would suggest something along the lines of this:

Dear . . . (it is best to phone the bank and ask who deals with such questions so that you can include a name here),

I would like to request that the interest rate on my loan be reduced. My current rate of . . . Is several points above national average rates and I believe my solid payment history over the last . . . Months demonstrates my value to you as a customer. I also believe that my credit rating has increased since I first took out the loan.

Thank you in advance for your attention to this matter and please do not hesitate to contact me if you require further information.

Name
Signature

Don’t forget to ensure you include your name, address, telephone number, email address and account number. Due to the sensitive nature of the details in this letter, it may be worth delivering it by hand to make sure it doesn’t get lost in the post. It may also be worth requesting a meeting with your bank manager to discuss loans, this way you can respond to what you are told far quicker and without sending out numerous letters (which may take weeks).

18th March 2010

Anthony A/L arokyasamy
No.12 Jalan Riang Ria 1,
Taman Mulia,
81100 Johor Bahru
Johor

CIMB BANK BERHAD
No.2 Jalan Sagu 1,
Taman Daya,
81100 Johor Bahru
Johor.

Attn : Mr. Surinor

Dear Sir,

RE : Reduce of Interest Rate

Refer to the above mention, I would like to reduce my home loan interest .

I hope the bank well expertise on the above matter as soon as possible.

Thank You.

Regards,

______
Anthony A/L arokyasamy