A sweep-in FD doesn't offer a higher interest rate than a regular FD. Its attraction is access to money without having to disrupt the entire deposit.
Money Sitting Idle In Bank? Sweep-In FD Can Earn More Without Locking It All
A sweep-in FD doesn’t offer a higher interest rate than a regular FD. Its attraction is access to money without having to disrupt the entire deposit….
Lok Darpan
