[Resolved]  India Infoline Finance [IIFL] — Interest & Tenure increased IL10022440

Address:

FLAT NO. 401, 3RD FLOOR, PLOT NO-60-61 , BLOCK-D, SEWAK PARK UTTAM NAGAR Dwarka South West Delhi India 110059

I took Home Loan from IIFL is the biggest mistake !!
Now, I am planning to transfer the loan to some other bank / financial institution.
Reason is mentioned below :

LOAN Account Number : IL10022440
Name of customer : Mr. RAKSHIT MISHRA
Load Disbursement Date : 23/June/2018
Total Amount Disbursed: Rs.2876765.00
Interest Rate : 9.20%
Sanction Tenure(In Months): 240

All of the sudden the interest amount increased + Tenure Increased . (WITHOUT INFORMATION)

Interest Rate Increased : 10.00%
Sanction Tenure(In Months) Increased : 291

Do you have any valid reason to increase both – interest & Tenure. I already have received the benefit of PMA but still the interest rate increased.

Anyways, please let me know about below :

1. Can I transfer my load to other bank after completion of 3 years
2. My on going home loan is fixed or floating ?

Please confirm me asap as I have already checked with someone else to transfer to load with interest rate of 8% only