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Smart Liquidity Management

Ā Automate your savings to earn higher interest without locking away your cash.

The FFDSB account is an intelligent banking solution that ensures your idle money never sits unproductive. By linking your Savings Account to a Flexi-Fixed Deposit, any balance above a specified threshold is automatically "swept" into a high-interest deposit. If your savings balance falls low, the system automatically "sweeps back" the required funds to honor your cheques or withdrawals, ensuring you always have access to your money while maximising every rupeeā€™s earning potential.

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  • Balance & Threshold Limits: Minimum balance Rs.25000. Sweep out to FD if balance exceeds threshold limit of Rs.50,000 in multiples of Rs.10,000 for a tenure of 90 days.

  • Flexible Thresholds: Customize the "threshold limit" and "sweep units" based on your monthly cash flow requirements. ***

  • Auto-Sweep Facility: Excess funds above a pre-determined limit are automatically converted into Fixed Deposits in specified units.

  • Reverse-Sweep Liquidity: In case of a shortfall in your Savings Account, deposits are broken in units to meet your withdrawal needs seamlessly.

  • Higher Yields: Earn Fixed Deposit interest rates on your surplus funds instead of standard savings rates.

  • Last-In, First-Out (LIFO): The most recent deposits are broken first during a reverse-sweep to ensure you retain maximum interest on older deposits.

  • No Manual Intervention: Experience a completely automated process for both creating and liquidating deposits.

  • Free: NEFT, RTGS, Chequebook, Demand Drafts & Payorders

  • Free: SMS charges

  • Free Transaction : At other Banksā€™ ATMs (3 in metro cities 5 in non-metro cities)

  • Resident Individuals (Singly or Jointly).

  • Hindu Undivided Families (HUF).

  • One latest passport-size photograph.

  • Any one of - Aadhaar Card, Voterā€™s ID, Driving License, Passport, Job Card issued under MGNREGA or the new Viksit Bharat-G RAM G Act, Letter issued by the National Population RegistrarĀ 

  • PAN Card or Form 60

  1. What is the minimum threshold for the auto-sweep?
    The threshold limit is typically set at ā‚¹25,000, but can be customised based on the specific scheme variant.

  2. Will my cheques bounce if the savings balance is low?
    No, the "Reverse-Sweep" mechanism automatically transfers funds from your FD to your Savings Account to clear your cheques or ATM withdrawals.

  3. Is there a penalty for the auto-break of deposits?
    No, unlike regular FDs, the units broken through reverse-sweep do not attract a premature withdrawal penalty.

  4. How often are the sweeps processed?
    The system checks your balance daily and processes sweeps at the end of the business day.

  5. Can I opt-out of the flexi facility later?
    Yes, you can convert your FFDSB back to a regular Savings Account by submitting a simple request at your home branch.

  • Minimum Balance: Rs.25000

  • Sweep Processing Fee: NIL.

(Exclusive of GST)

  • Balance & Threshold Limits: Minimum balance Rs.25000. Sweep out to FD if balance exceeds threshold limit of Rs.50,000 in multiples of Rs.10,000 for a tenure of 90 days.

  • Flexible Thresholds: Customize the "threshold limit" and "sweep units" based on your monthly cash flow requirements. ***

  • Auto-Sweep Facility: Excess funds above a pre-determined limit are automatically converted into Fixed Deposits in specified units.

  • Reverse-Sweep Liquidity: In case of a shortfall in your Savings Account, deposits are broken in units to meet your withdrawal needs seamlessly.

  • Higher Yields: Earn Fixed Deposit interest rates on your surplus funds instead of standard savings rates.

  • Last-In, First-Out (LIFO): The most recent deposits are broken first during a reverse-sweep to ensure you retain maximum interest on older deposits.

  • No Manual Intervention: Experience a completely automated process for both creating and liquidating deposits.

  • Free: NEFT, RTGS, Chequebook, Demand Drafts & Payorders

  • Free: SMS charges

  • Free Transaction : At other Banksā€™ ATMs (3 in metro cities 5 in non-metro cities)

  • Resident Individuals (Singly or Jointly).

  • Hindu Undivided Families (HUF).

  • One latest passport-size photograph.

  • Any one of - Aadhaar Card, Voterā€™s ID, Driving License, Passport, Job Card issued under MGNREGA or the new Viksit Bharat-G RAM G Act, Letter issued by the National Population RegistrarĀ 

  • PAN Card or Form 60

  1. What is the minimum threshold for the auto-sweep?
    The threshold limit is typically set at ā‚¹25,000, but can be customised based on the specific scheme variant.

  2. Will my cheques bounce if the savings balance is low?
    No, the "Reverse-Sweep" mechanism automatically transfers funds from your FD to your Savings Account to clear your cheques or ATM withdrawals.

  3. Is there a penalty for the auto-break of deposits?
    No, unlike regular FDs, the units broken through reverse-sweep do not attract a premature withdrawal penalty.

  4. How often are the sweeps processed?
    The system checks your balance daily and processes sweeps at the end of the business day.

  5. Can I opt-out of the flexi facility later?
    Yes, you can convert your FFDSB back to a regular Savings Account by submitting a simple request at your home branch.

  • Minimum Balance: Rs.25000

  • Sweep Processing Fee: NIL.

(Exclusive of GST)