Refusing a Job Offer - By Sandeep Grover (SkillTiger)

Hello friends, as I told you during the video, please find a sample email on how to say no to a job offer. Please use the same by changing its contents as required:
Dear Mr. Khanna,
I am Saurab Aggarwal, one of the interviewees during the Campus Interview held at xyx Management Institute, on 11/22/2010, for the position of Area Mgr (Sales) in your esteemed organization.
Thank you very much for offering me the position of Marketing Manager with Reliance Communications. I must confess that I was very impressed with Reliance communications and I had a difficult decision to make. After much thought and careful deliberation, however, I have decided not to accept your offer. The decision of not accepting your offer was purely based on ____________________________.
I sincerely appreciate you taking the time to interview me and to share information on the opportunity and your company.
Thank you again for your time and consideration.
Sincerely
Saurab Aggarwal
B-6/264, Safdarjung Enclave,
New Delhi - 110029
M- 975xxx6812
[e-mail]