Dear Sir,

I had taken a Home Loan from Canara Bank, Mahavir Nagar Kandivali (W) Branch on 23rd Jul 2009. The loan is under the scheme of 8.25% Fixed ROI for the first year and 9.25% Fixed ROI from the 2nd to 5th Year. Loan Account no: 2899619000067

I had submitted a request letter to the Canara Bank, Mahavir Nagar Kandivali (W) Branch on 27th Apr 2010 for reducing the tenure of my loan from 10 years to 5 years only. It is very sad and unpleasant experience that even after 1 Month, my request has not been actioned. Infact after several follow-ups, I was informed that the Canara Bank Dadar Branch is still searching for my Home Loan file and are still not sure about the status of my request.

Request you to take necessary action on my request as I am making a loss with respect to the principal deduction from my Home Loan. Please revert at the earliest as there is no reason why Canara Bank should take more than 1 month for executing such a small Home Loan request.

Awaiting your reply at the earliest.

Regards,
Bhavik Parekh
Mob: 9833672602