{"id":8232,"date":"2025-08-12T06:40:32","date_gmt":"2025-08-12T06:40:32","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=banking&#038;p=8232"},"modified":"2025-08-12T06:40:32","modified_gmt":"2025-08-12T06:40:32","slug":"fixed-deposit-sweep-in-facility-features-and-benefits","status":"publish","type":"banking","link":"https:\/\/lemonn.co.in\/blog\/banking\/fixed-deposit-sweep-in-facility-features-and-benefits\/","title":{"rendered":"Fixed Deposit Sweep In Facility &#8211; Features and Benefits"},"content":{"rendered":"\n<p>A <strong>sweep-in facility<\/strong> links your savings account to a fixed deposit. When your balance exceeds a specified threshold, the excess automatically sweeps into a fixed deposit to earn higher interest. When funds are required, the deposit is partially broken in multiples (e.g., \u20b91,000) and swept back into the savings account.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Parameter<\/th><th>Sweep-in details<\/th><\/tr><\/thead><tbody><tr><td>Threshold limit<\/td><td>You decide the balance level above which surplus is swept into an FD<\/td><\/tr><tr><td>Minimum investment<\/td><td>Usually multiples of \u20b91,000<\/td><\/tr><tr><td>Tenure<\/td><td>1\u20135 years (similar to regular FDs)<\/td><\/tr><tr><td>Interest rate<\/td><td>Same as regular FDs for the tenure<\/td><\/tr><tr><td>Withdrawals<\/td><td>Partial withdrawal permitted in multiples without breaking entire FD<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id='advantages'  id=\"boomdevs_1\" class=\"wp-block-heading\"><strong>Advantages<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Automatic savings maximisation:<\/strong> You don\u2019t need to transfer money manually.<\/li>\n\n\n\n<li><strong>Higher yield:<\/strong> Surplus cash earns FD interest instead of lying idle in a savings account.<\/li>\n\n\n\n<li><strong>Liquidity:<\/strong> You can access funds instantly when needed.<\/li>\n<\/ul>\n\n\n\n<p>Sweep-in FDs differ from flexi deposits in that the transfer is completely automated based on thresholds, whereas flexi deposits may require manual top-ups. This facility is suitable for people who maintain fluctuating balances and want their idle funds to work harder.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-8232","banking","type-banking","status-publish","hentry"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking\/8232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/banking"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=8232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}