Sweep-in facility

Enclosed below are HDFC Bank Sweep-in Facility(With HDFC Bank's Sweep-in facility, you gain the high interest rates that come with a Fixed Deposit, along with the liquidity of a Savings Account.) Interest Rates & Charges

Sweep-in with Savings Account 
In case of Saving Accounts, the average balance applicable to the Savings Account chosen by you, needs to be maintained irrespective of the value of the fixed deposit. Service charges applicable would be as per the Savings Account selected by you.

Sweep-In with Current Account 
In case of Current Accounts, the average balance applicable to the Current Account chosen by you, needs to be maintained irrespective of the value of the fixed deposit. Service charges applicable would be as per the Current Account selected by you.

If the Fixed Deposit is held for less than 7 days, your interest for the amount transferred is forfeited.

• Sweep-in facility is not available for below transactions .Please keep clear credit balance in linked Savings/Current account.
  • IPO investment
  • Investing in Securities