Saving Money
How a Sweep-In Facility Works in India
Understand sweep-in (auto-sweep) facilities in India: how excess savings can move into deposits, liquidity, interest and questions to ask your bank.
· 2 min read
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3 results for “auto sweep”
Saving Money
Emergency Funds: How Much Should You Save?
How to size an emergency fund for your household in India, why three to six months is only a starting point, and where to keep the money safely.
· 6 min read
Banking
Savings Account vs Fixed Deposit: Which Should You Use, and When?
How savings accounts and fixed deposits differ on interest, liquidity, premature withdrawal, tax and DICGC deposit insurance, with a worked example and when to use each.
· 7 min read