Business Studies, asked by purnimapolimari4569, 5 months ago

It is the type of deposit account in which the deposits, in excess of a particular limit, automatically gets converted into fixed deposit". This deposit is related to-

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Answered by kannakanna4604

Answer:

Any excess amount in the savings account is automatically transferred to a sweep-in deposit in multiples of ₹1,000. HDFC Bank offers it as a sweep-in fixed deposit while ICICI Bank calls it a flexi deposit

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