To,
The Branch Manager
[Lender name]
[Branch / address]

Date: [Date]

Subject: Request to review the interest rate on home loan account [Loan account number]

Dear Sir/Madam,

I am a borrower under the above home loan. My current details are:

- Outstanding principal: [Rs. amount outstanding]
- Interest rate: [current rate]% ([floating / fixed])
- Monthly EMI: [Rs. EMI]
- Remaining tenure: [years and months]

I request you to:

1. Review my rate and reduce it to [rate you want]%, or to the lowest rate you currently offer to a new borrower with a similar profile.
2. Tell me in writing the fee, if any, for this change, and any other charge that applies.
3. Confirm in writing whether my EMI or my tenure will change if the rate is reduced, and from which date.
4. [Keep ONE of these two lines and delete the other]
   (Floating-rate loan) Confirm in writing that no prepayment or part-payment charge applies to my loan, since it is a floating-rate loan.
   (Fixed-rate loan) Tell me in writing the prepayment, part-payment and foreclosure charges that apply to my fixed-rate loan.

Please reply in writing. If a reduction is not possible, please tell me the reason and the rate at which my loan can be moved.

Yours sincerely,
[Your name]
Loan account: [Loan account number]
Phone: [Your phone]   Email: [Your email]