Interest Rate Revision Letter

Sample Request Letter to bank for Revision of Interest on Company’s Credit Facilities

May 10, 2013
The Dy. General Manager 
State Bank of India
CASA Branch
Mumbai – 400 001.

Dear Sir,

Sub: Revision in Credit Facilities

We would like to invite your attention towards the pending matter of revision in credit facilities. Please recall the discussion we had with you last week, wherein we emphasized regarding revision of interest rate. In absence of revision in interest rate, the cost of borrowing is becoming very high and it is little difficult for us to operate, as explained to you during the meeting.

We are quite hopeful that your goodself will take a broader view and provide us the required relief so that as an Industry we can sustain and develop ourselves.

Thanking you,

Yours faithfully,
For, ROCKET SALES LTD.


ANIL KAPOOR
GEN MANAGER - FINANCE

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