Gic Housing Finance — CUSTOMER ID :[protected] Reduction of Interest rates

Address:

Thane, Maharashtra, 401502

Dear Sir
I have taken housing loan from GIC Housing Finance Ltd. Virar Branch in Sept. 2014. With interest rate 10.25 %. The interest rates are going down day by day. As on today your interest rates are 8.65%. Then why should I pay higher rates. Request you to look into this matter very seriously and do the needful at the earliest.

If you will offer me 8.65% interest rate then also I am ready to continue with you otherwise I will have to switch over the entire loan amount to other banks. I am already getting lowest interest rate offers from other banks, as low as 8.35%. So please suggest me why should I continue with GIC Housing finance.

If you have any nominal conversion charges, I am ready to pay it. You have kept 5 year lock in period, it is injustice with me.

My loan details are mentioned below for your ready reference.

CUSTOMER ID :[protected]
LOAN NO :MH[protected]
BORROWER NAME :RAJENDRA VINAYAK THAKUR
CO-BORROWER NAME :APARNA RAJENDRA THAKUR
LOAN AMOUNT GRANTED :1755000/-
LOAN PURPOSE :PURCHASE OF NEW PROPERTY FROM BUILDER
CURRENT RATE OF INTEREST :10.25%

Thanking you in anticipation and hopping for the favorable reply at the earliest.

Thanks & Regards

Rajendra Thakur
304, Yogeshwar, Gukul Nagar
Near Rice Mill, Kurgaon,
Dist - Palghar - 401502.
(m): [protected].