Actually, banks are trying to get maximum customer benefit for you. Auto sweep is originally for the benefit of the customer.\u00a0 Customers can earn more from the saving account.<\/p>\n
Before, you are keeping an excess amount of money in a savings account is not a good idea. Because you will not get the deposit Interest. If you keep the money in deposit account can’t be withdrawn before the maturity period.\u00a0\u00a0So solving both problems, banks are introduced the auto sweep<\/strong> feature.<\/p>\n Seriously nothing to worry about the auto sweep. It\u2019s actually created for customer benefit during your idle amount in the savings account. And I do recommend it to continue. It does not affect your overall balance, except getting more interest.<\/p>\n But if you\u2019re not ok with it, you can stop auto sweep\u00a0 feature online<\/p>\n Follow the steps below:<\/p>\n Hope these steps will help you to solve the issue<\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Actually, banks are trying to get maximum customer benefit for you. Auto sweep is originally for the benefit of the customer.\u00a0 Customers can earn more from the saving account. Before, you are keeping an excess amount of money in a savings account is not a good idea. Because you will not get the deposit Interest….<\/p>\n","protected":false},"author":1,"featured_media":5662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[461,8,13],"tags":[2038,2043,2041,2045,2044,2039,2040,2042],"class_list":["post-5661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-general","category-internet","tag-how-to-activate-auto-sweep-facility-in-sbi-online","tag-how-to-open-mod-in-sbi","tag-multi-option-deposit-sbi-auto-sweep","tag-sbi-account","tag-sbi-login","tag-sbi-mod","tag-sbi-mod-calculator","tag-what-is-mod-balance-in-sbi-in-hindi"],"yoast_head":"\n\n