[Resolved]  Home Loan — ICICI charges money to reduce floating rate loan

Hi,
I too had similar problem. Although RBI decreased the CRR, etc, ICICI charged me a hefty sum to reduce my home loan from 13.25% to 9 %, which still is higher than new applicants. I had started at 7.75%
New applicants should realise that they are also in for similar problem. It is just a marketing gimmick, to get unsuspecting consumers entangled.
My experience with ICICI has been BAD.
Just tring to reduce my relationship with this Bank.
Biraj