In a current account, you do not earn interest. And when your income has its share of highs and lows, putting money into a long-term fixed deposit can feel like a gamble. You need access, not restrictions. At the same time, letting large amounts sit idle doesn’t feel smart either. This is where a current account with an auto-sweep facility quietly does the job. It suits anyone who deals with frequent inflows and sudden payouts, like a shop owner during festival rush, a freelancer waiting on multiple client payments or a startup managing runway with care.
Without changing the way you bank, it simply lets your surplus balance earn interest automatically, while keeping it within reach whenever you need it. So, let’s take a look at how the auto-sweep feature helps with daily liquidity when you open a current account with this facility:
Smart Balances That Work for You
Instead of leaving surplus cash untouched, the auto-sweep feature makes sure your current account balance is put to better use. Once the account crosses a certain amount, the extra money quietly shifts into a fixed deposit, helping you earn returns on what would otherwise sit idle. It is a smart way to strengthen cash flow without locking up funds.
Quick Access When You Need It Most
Let’s say your working capital takes a hit due to sudden vendor payments or seasonal expenses. With auto-sweep, the system moves funds back into your current account instantly, without any paperwork or delay. You do not need to break an FD manually. It ensures smooth transactions even during unpredictable dips.
No Freeze, No Worry
Traditional fixed deposits come with restrictions. But here, there are no penalties or rigid withdrawal rules. This flexibility is what makes the auto-sweep ideal for businesses that prefer to stay liquid. Whether you’re managing daily payouts or gearing up for bulk expenses, you stay prepared.
Everything Runs on Autopilot
You do not need to monitor thresholds or move money yourself. Once you open a current account with the auto-sweep facility, the process is fully automated. That means fewer tasks on your to-do list and more time to focus on the business.
What Is Auto Sweep In and Sweep Out?
Auto-sweep is a feature that helps you earn interest on the extra money sitting in your current or savings account, while still keeping that money easily available whenever you need it. It works in two parts: sweep out and sweep in, based on the balance in your account.
Sweep Out Threshold
This is the upper limit set on your account. If your balance goes above this limit, the extra amount is automatically moved into a fixed deposit.
Sweep In Threshold
This is the lower limit set on your account. If your balance drops below this limit, the required amount is automatically pulled back from the fixed deposit to your main account.
Make Your Money Work Smarter with Auto-Sweep Facility
Choose a provider that offers current accounts with the auto-sweep facility. Not all Banks provide this feature by default, so it’s worth checking before you decide. If your existing account doesn’t support it, it may make sense to open a new one that does—especially if your business deals with regular inflows and variable expenses.
Once you’ve picked the right provider, check the list of current account documents required. In most cases, you’ll need basic KYC documents like ID proof, address proof and business registration details.
With everything in place, you can activate the auto-sweep feature right from the start and let your account balance do more than just sit idle. It’s a simple switch that brings in more flexibility, better returns and fewer money worries.
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