Are You Thinking About Auto Sweep Facility in Savings Accounts - Than You Must Read This

Mitali , Last updated: 05 February 2026 Share Follow on Google News

Auto Sweep Facility is a banking feature in savings accounts which helps to converts excess balance above a set threshold automatically into a fixed deposit to earn higher interest rates. How Auto Sweep Facility Works? To activate this facility, you have to set a minimum amount to keep in savings

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About the Author

Mitali

Finance Professional

I write about Income Tax, GST, TDS, RBI updates, government schemes, and personal finance in India. My focus is on simplifying complex tax and compliance topics into easy-to-understand guides that help readers stay updated with the latest financial rules, investment options, and regulatory changes.

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