I have a home loan account (LBHYD00001746316) with ICICI bank and really concerned the way my EMI months are increased without any intimation to me (from 240 to 492 months). I took the loan in 2008 October. Sanctioned amount was Rs.41,29,360/-, but I got only 40 lakhs and the rest Rs.1,29,360/- was taken for Insurance by the bank. So far I paid Rs.11,69,429/- (Rs.2,60,736/- towards pre-EMIs and Rs.9,08,693/- towards 22 EMIs). And now they are saying my loan balance is still Rs.40,39,372/- and I need to pay for another 470 months. I understand the rate of interest is increased from 10.5% to 12.75%. But what I don't understand is how in the world a 2.25% rise in interest rate can more than double my EMI months? I heard from few other colleagues of TCS that they even closed their relationship with ICICI bank and shifted to SBI because of this kind of cheating from ICICI bank. Any help is really appreciated.