Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
A sweep-in FD automatically transfers surplus savings account balance above a set threshold into a fixed deposit, earning higher interest while remaining accessible.
Extra money in your savings account automatically moves into an FD to earn more interest, but you can still access it.
Funds are swept back automatically to the savings account if a withdrawal exceeds the available balance, combining FD-like returns with savings-account liquidity.
Balances above ₹1 lakh in a linked savings account automatically sweep into a sweep-in FD earning a higher rate.
Extra money in your savings account automatically moves into an FD to earn more interest, but you can still access it.
Sweep-in Fixed Deposit helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.