All NRI account holders are eligible to open the sweep in account.
The facility is available against the NRO/NRE Term Deposits and is not available against FCNR Term Deposits.
If you maintain a Fixed Deposit of Rs. 50,000/- or more, there are no service charges applicable on the NRI Savings Account.
However, if the Fixed Deposit amount is below Rs. 50,000/-, then service charges will be applicable on the savings account.
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