Launching its new home loan scheme, 'Housefull', in Chennai, Prashant Joshi, head-retail asset, IDBI Bank, said "Our current retail asset size is Rs. 4500 crore (Rs 45 crore), which is 30 per cent in our entire balance sheet.

In this, home loan portfolio alone accounts for Rs 4000 crore, which is the fastest growing segment in our business."

"Our home loan portfolio is currently growing at Rs.200 crore (Rs 2 billion) per month. We are targetting to increase it by Rs.250 crore (Rs 2.5 billion) in the next three months and we hope to do about Rs.400 crore per month after March or April. The total home loan portfolio size will reach Rs 5000 crore by the end of this fiscal," he added.

"We are among the top five private banks in home loan category." IDBI bank will aim at achieving leadership position in few cities that include Bangalore, New Delhi and Chennai.

On acquiring portfolios of other banks or corporates, he said IDBI Bank would look into this option if the size of the portfolio was over Rs500 crore (Rs 5 billion).

Under the new 'HouseFull' scheme, a 100 per cent loan is given to customers, who purchase any of the 250 displayed projects in and around Chennai from over 25 builders, who will be participating in the three day property exhibition, to be organised by the Bank from November 19 at Chennai.

For floating schemes, the bank will offer interest rates from 7.25 to 7.50 per cent and for fixed loans for three years the interest rate will be from 7.75 to 8 per cent.