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Money Sitting Idle In Bank? Sweep-In FD Can Earn More Without Locking It All

in5points
  1. Sweep-in FD links savings account to fixed deposit for automatic transfer of surplus funds.

  2. It offers liquidity as funds can be withdrawn without breaking the entire FD.

  3. Interest rate is typically the same as regular FD, but benefit is flexibility.

  4. NDTV explains how sweep-in FD can help idle money earn more.

Money Sitting Idle In Bank? Sweep-In FD Can Earn More Without Locking It All · in5points