25 basis points cuts in loans up to Rs 25 lakh, a home loan customer who opted for floating rate scheme. 50 basis points slashes in loans between 25 lakh and 75 lakh while it is 75 basis points for home loans above Rs 75 lakh.

"IDBI home loan reduced floating rates under specific buckets only. IDBI Bank base rate remains unchanged at 10.75%.

Banks across the board are trying tap retail deposits as the short rates in other fund raising instruments like inter-bank call market are offering higher rates. Some banks including the State Bank of India and others have already increased their short-term deposit rates.

The Bank had revised its home loan interest rates in August 2011, following a rise in the bank's base rate. Subsequently, the bank had effected certain changes in these card rates for a limited period coinciding with the festive season.