This is the letter i sent to AIA to review my interest rate. But they rejected. Haha. So you have been warned. Please keep this in mind before using it!



Dear Sirs,

Re : Revision of Interest Rate for Housing Loan Account No. [...]

I refer to the above matter wherein I am the borrower for the abovementioned housing loan with your bank.

Please be informed that I am presently facing financial difficulties and as such would appreciate it if you would consider to revise my interest rate to a lower rate. I note that at present your bank is offering interest at BLR - [...]%.

Your kind co-operation will be greatly appreciated.

Thank you.

Yours faithfully,

haha looks like threatening them is the better option!

Syd G, morally and ethically speaking you are right. i guess some people fail to see that it is better to keep your existing customers than to find new ones.