For most people, money sitting idle in a savings account earns minimal interest. However, banks now offer a smart option called the Auto Sweep facility, which allows customers to convert excess ...
An auto sweep account is useful if you regularly have a surplus amount after your monthly expenses in a savings account at the end of the month. On June 15, Kotak Mahindra Bank launched its ActivMoney ...
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SBI Raises Auto-Sweep Limit To ₹50,000, Here's What It Means For Your Savings Account
Mumbai: India’s largest public sector bank, State Bank of India (SBI), has announced a change to its Auto-Sweep (MOD) facility. The bank has increased the minimum threshold from Rs 35,000 to Rs 50,000 ...
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