Very bad exp. It is Fraud Company. I have taken loan 800000 from LICHFL Kolkata on 2009 floating basis and tenure was 15 years. At the time of taking loan the interest was 8.5%(Floating) on 2009. Now in 2012 the interest is 12%. I asked them why it is so high. Because now the interest rate is 10.50%. It should also same. They told me, that is for new customers not for existing customer. Now my tenure increased from 15 years to 20 years and EMI also increased 7880 to 8500 without any intimation. So don't take any loan from LIC housing Finance limited.