LIC HFL — interest rate increasing rapidly for existing customer

Address:

Panvel

I have taken home loan from lic hfl on may 2015. That time the interest was 10.5% for 2 year fix. After 2 year later they increase by 11.75%, while market rate was around 9%. After submitting mclr they came to 9 % in 2018. But i paid interest rate more than market rate. Now again they are increasing rapidly the interest rate. Last month it was 9.6 and this month i am looking it 9.7%.

I am thinking to switch loan to others.

Please give me suggestion