IDBI Bank determines the rate of interest for housng loan on the basis of benchmark prime lending rate, which is at present 13.50 percent. For a home loan upto Rs 20 lacs, a floating rate of interest would be 9.75 percent, if the repayment is done within a maximum period of 25 years. On the other hand, If the loan amount exceeds Rs 20 lacs, the interest rate for the same repayment period would be 10.25 percent under floating rate of interest.
As far as fixed rate of interest is concerned, there are different rate for different time period. For instance, if a loan is taken for a period of 3 years, IDBI Bank would charge a fixed rate of interest of 11.75 percent. Home loan rate for 5 years would be 12 percent. | 
