That seems to be true. In past 9 months, my ICICI Home Loan interest rate has gone up from 9% to 12% And, if i want to transfer/takeover this loan to some other bank, i'll hav to pay a penalty of 2.25% of outstanding loan amount to ICICI, which makes me think twice before doing that, because thats a lot of money. I shud have gone for nationalized banks. my fault
