Kamikaze

Need your help. Currently i have a home loan from PNBHFL at 9.15% with amount 16 Lac and tenure is 3 years. LIC HFL is giving loan at 7.25. i want to change my duration from 3 -15 years as current emi is high. is this a wise decision and is home loan restructuring possible or not. Should i go for LIC HFL from PNBHFL. @Skylar @TaxWiser