sweep in facility fixed deposit

All linked Fixed Deposits will be enabled for automatic Reverse Sweep in multiples.
TarMon Talks.1k Views, thank you for your feedback!The amount reverse swept will earn interest rates at the applicable rate for the period that the deposit was held with the bank less applicable premature withdrawal penalty.Maximum Liquidity, you can withdraw the funds from cupcake wars contestants 2012 your savings account through any channel such as the icici Bank ATM, icici Bank Internet Banking or by issuing a cheque.Sweep-in facility, the Sweep-In facility enables customers to link existing Term Deposit to Savings or Current Account held with the bank.The 390 days Money Multiplier deposit gives you the liquidity of a Savings Account coupled with attractive interest rate of 390 days Fixed Deposit.Are you satisfied where to give away guinea pigs with this answer?If you want to get investment and technology updates, you can see my channel.Just go to ATM, enter the required amount you want to withdraw; fixed deposits will automatically get closed.Privacy USA Patriot Act Certification Fair Practice Code for Lenders.Share this Page, tweet This Page, follow.Lets assume that on a particular day, the balance in his Savings Account.The remaining amount will continue to earn higher interest at the original rate applicable to the fixed deposit.20,000 (Account Balance Obligation Amount issued as cheque will be utilized from the linked Fixed Deposit to clear the cheque).Multilingual Disclaimer, code of Commitment, group Code of Business Conduct and Ethics.Customer Service Policies, use of Unparliamentary Language by Customers.Creation of a linked FD ensures higher rate of interest on your Savings Bank Deposits.Ramesh has availed Sweep-In facility on his existing Term Deposit.