IDBI home loan
Not reducing tenure

Sir,

I had applied for a home loan (10 years) and it was sanctioned, but the land purchase had to be called off. IDBI said that I can use the processing fee if I take a loan within six months. Now, I selected a plot and approached for loan. As the amount I require now is lower, I asked for decreasing the tenure (7 years). But, the loan officials tell me that the system is locked and the tenure cannot be decreased. If the loan amount can be reduced, can they not reduce the tenure. I dont want to pay an extra lakh in interest.

Can you please advise.

Thanks!