Follow up Letter to Bank by stabnet

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									Sample warning Reminder Letter to Bank for charging Lower Interest Rate
on CC limit in word/. doc Format

RSL/ICICI/13-14/
May 10, 2013

ICICI Bank Ltd.
Nariman Point Branch
45/1 K L Raod
Mumbai – 456425

Dear Sir,
Sub : Charging of interest for Credit facilities with you
Reg : Our letter No. RSL/ICICI/13-14/013 dtd.26.04.13


We invite your attention to the above referred letter wherein we requested for reduction
of rate of interest to be charged in our Cash Credit A/c but till now no response has been
received from you.


We would like to mention that State Bank of India, Mumbai have sanctioned working
capital facility reducing the rate of interest by 2.00%. A copy of the letter to that extent
received from them was sent to you along with the aforesaid letter. We would once again
draw your attention on the subject and request to reduce the rate of interest in our Cash
Credit A/c immediately failing which we shall not be having no other alternative but to
discontinue banking facility with you.


As we understand from the discussion with your officials that it will take some time to
decide in the matter and therefore, we are enclosing herewith our Cheque No.
……………………… dtd. …………….. for Rs. ……………….. of State Bank of India, Mumbai
towards squaring off your entire debit balance in the Cash Credit A/c with a request to
encash the cheque provided you are not in a position to reduce the interest rate.


Your early action in the matter will be highly appreciated.


Thanking you,

Yours Faithfully,
For Rocket Sales Ltd.
Authorised Signatory

								
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