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1 year ago
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FAQs on Does Your Returns Get Affected by Auto Sweep Accounts?
What distinguishes a sweep-in from a fixed deposit liquidation?
A fixed deposit must be fully withdrawn and closed in order to be liquidated. To maximize your savings, you can put any extra money into your FD account using the sweep-in deposit feature.
What advantages do sweep-in accounts offer?
Having the ability to withdraw the swept-in amount whenever necessary is one of the best advantages of having a sweep-in FD. Such an activity will not result in any penalties
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