(Ques) I stay in Navi Mumbai and have a home loan of 22lacs with ICICI. I want to transfer the loan to another bank which offers a lower interest. Also, it would be preferable if there are minimal or no processing charges for taking over the loan. I am prepared to pay off the penalty for the switch over.

(Ans) You can approach consolidation portals like www.deal4loans.com for your loan requirement. They are in a position to put you in direct contact with multiple banks who will be able to fulfill your requirement in one go.