The “Auto-Sweep” Secret: How to Earn 7% Interest on Your Savings Account (Without Locking Your Money)
The Secret: Banks don’t always advertise it, but the Auto-Sweep facility bridges the gap between liquidity and growth. You set a threshold (e.g., ₹25,000), and every rupee above that automatically earns FD rates. If you spend it, the bank ‘sweeps’ it back instantly. No penalties, no manual work—just optimized wealth.