You are here: NRI Services > Accounts & Deposits > Sweep-In Account                                                 

sweepin
Features and Benefits
Eligibility & Charges
FAQs
Apply Now
sweepin
Do you wish to avoid taking overdrafts, and still take advantage of your Fixed Deposits? Then what you need is a Sweep-In Account.

Link your Fixed Deposit to your NRI Savings or Current Account and use it to fall back on in case of emergencies. A deficit in your NRI Savings or Current Account is taken care of by using up an exact value from your Fixed Deposit. Since deposits are broken down in units of Re 1/-, you will lose interest only for the actual amount that has been withdrawn.

Features & Benefits
Earn interest on the money till it is swept-in, while the remaining Fixed Deposit continues to earn you interest.
Only an exact amount required to make for the deficit is withdrawn from your Fixed Deposit.
Choose between an NRI Savings and NRO Current account to link to your Sweep-In account.
On maturity, you can re-invest the interest along with the principal at the interest rate applicable at that time.
Earn compounded interest on the re-invested interest.



  Apply Now
    Click here to Apply now

E-mail this page Print this page
Check Eligibility Information
Find an NRI Center
Write to us
Apply Now
NRI Service Desk
NRE Savings
Compare our NRI accounts.
Find out about remitting money to India.