Earn 8% Interest in Savings Account: Auto Sweep Facility Account & Flexi Fixed Deposit (FFD)
Vložit
- čas přidán 17. 07. 2024
- With Auto Sweep Facility Account, you can earn FD (Fixed Deposit) interest of 8% in a Saving Account or Current Account. In this Hindi video, we will also learn - What is FFD or Flexi Fixed Deposit? Sign-up to our new app for discounts and early access: ✔ assetyogi.com/sign-up/
-----------------------------------------------------------------------------------
What is an Auto Sweep Account? How you can earn high interest in a saving account and a current account in a Bank deposit?
Time Stamps
00:00 Introduction
01:31 What is Auto-Sweep Account
05:25 Meaning of Reverse Sweep
08:35 Example
10:55 Meaning Flexi Fixed Deposit
Related Videos:
Current Account: • Current Account - Expl...
Savings Account: • Savings Account - Expl...
ऑटो स्वीप फैसिलिटी अकाउंट के साथ, आप बचत खाते या चालू खाते में भी एफडी (फिक्स्ड डिपॉज़िट) जितना ब्याज कमा सकते हैं। इस हिंदी वीडियो में, हम यह भी सीखेंगे की - एफएफडी या फ्लेक्सी फिक्स्ड डिपॉज़िट क्या है? एक ऑटो स्वीप अकाउंट क्या है? बैंक में बचत खाते या चालू खाते में भी पैसे जमा करके आप कैसे अधिक ब्याज कमा सकते हैं?
Share this Video:
• Earn 8% Interest in Sa...
Subscribe To Our Channel and Get More Property and Real Estate Tips:
/ @assetyogi
If you want to become an Expert Real Estate investor, please visit our website assetyogi.com now and Subscribe to our newsletter.
In this video, we have explained:
How to earn interest rates like FD on a savings account or current account?
How you can earn high interest in saving account and current account in India?
How to get more interest rate on savings account deposits?
How you can get 7% to 8% interest rates on savings account or current account?
What is auto sweep facility?
What is flexi fixed deposit or FFD?
How auto sweep account differs from flexi fixed deposit?
How you can get higher interest rates with auto sweep account on savings bank account or current account?
How does auto sweep account work?
What is minimum threshold limit for auto sweep account?
What is reverse sweep?
What are the shortcomings of auto sweep account?
What is the pre-closure penalty on auto sweep account?
Make sure to Like and Share this video.
Other Great Resources
AssetYogi - assetyogi.com/
Follow Us:
Google Plus - plus.google.com/+assetyogi-ay
Facebook - / assetyogi
Pinterest - / assetyogi
Twitter - / assetyogi
Instagram - / assetyogi
Linkedin - / asset-yogi
Hope you liked this video in Hindi on “Auto Sweep Facility Account & Flexi Fixed Deposit”. - Jak na to + styl
Sign-up to our new app for discounts and early access:
✔ assetyogi.com/sign-up/
Yes, this is social service. Thanks! Where else would I get so deep info on deposits except on youtube channels such as yours.
Sir aap kaun ho kya karte ho, itna lucid explanation maine aaj tak nai dekha aur that too the way u deliver the content, mind blowing, it flows like just as we r taking classes from you.....many many thanks 4 being such a wonderful mentor to me.... Namaskar!
CA हे
Sir, would like to hear on different Post Office saving schemes from you..
U are my favourite sir . Each and every doubts regarding bank . I always use to see your videos which always helps mee a lot.. thanks you 😍
I was in trouble due to Auto and debit sweep. But now I am getting relax by watching it...
Superb sir..
Keep learning Shailesh 😊
Very useful information explained in a simple way. Great.
You have great knowledge and skills ☺
Your lectures are applaudable
Great Mukul !!! You are contributing so much for the society by posting these videos :)
Thank you for appreciation Kshitij 😊
@@AssetYogi can you plz touch the government financial schemes for farmer and how a common person can invest in agriculture ,which will help the farmers directly..without any red tapism..
@@AssetYogi zszaa
@@AssetYogi mujhe 6 mahine ka karana he hoga kya
Thank you so much sir for sharing this amazing information.
I really didn't know that bank also provide such type of services.
Great Mukul for posting such nice and educative videos
Sir i request you to make a video regarding LIC agent comission
I mean details as to whose money is used for agent comission, policy holders or LIC company..
Plz enlighten all people about this, as lic is looting people by agent comission and irony is policy holders are not told about this..i request you to make people aware..thanks
Very well explained!!
But what is this 'Money Multiplier' option that is there under Fixed Deposit in ICICI Bank?
It is same thing... auto sweep facility for FD. ICICI named it 'Money Multiplier'.
bht ache se smjaya sir...thanks😃
Saving acc interest is not taxable. Auto sweep will be taxable. Saving acc covers 80TTTA in which interest till 10k isn't taxable.
Bahut acchi jankari di aapne thanks.
Sir aap great ho bht accse tarike se samjate ho thanks sir
A bank wise facility detail would greatly help. Thanks
Thank you sir
I was really very confused between FFD and auto sweep but now everything has cleared
Glad to hear that Surinder
Thanks!!! Very clear!!!
Thanks for the information, But I had a questions, Isn't savings bank interest is extempt till 10,000 in 80TTA category making it hard to opt for sweep in facility.
Fantastic video about this topic. Absolutely clear understanding. Thank you so much. 👍
Thanks Lokesh
@@AssetYogi idfc first bank kaisa rahega vo to 7 percent hi deta hai saving pe
@@samratkaushik9014 bro which IDFC account u have? In normal cases it is 4%
Good sir aap ki har video financial knowledge ko badhati ha.
Thank you so much for your kind words 😊
Very helpful info really..but can you also tell us that how can we activate this sweep out feature ? Because banking site is showing only sweep in feature which is something else..
बहुत बहुत धन्यवाद सर् जी आपका यूट्यूब चैनल बेस्ट है
Thank you so much 😊
itna ads hai ki aapka video dekhna muskil
I am grateful to you sir. You helped me a lot in my daily life to manage and understand my finances. Your are such a knowledgeable person and explain very well with realistic approach 😀.
Please make video on all types of funds like equity liquid debt etc and which is the best fund among all to invest for beginners
आपका समझाने का तरीका बहुत अच्छा है मतलब मैं एक मेडिकल लाइन का स्टूडेंट हूं फिर भी मुझे इतनी अच्छी नॉलेज नहीं है अकाउंटिंग की लेकिन जिस तरीके से आप समझाते हैं वह आपके एग्जांपल के द्वारा अच्छे से और आसानी से समझ में आ जाता है धन्यवाद
This is big help for everyone God bless you
Thankyou 😊
Dear Brother Lots of thank for your informative videos. please tell me will I get a monthly interest of on flexi fixed deposit and Auto sweep option
Hello. I have quaterly average balance of 40,000 in my hdfc current account. If i set the threshold limit to 50,000, will qab be calculated on closing balance + sweep or just the closing balance?
Thank you Sir for the precious video.
Thanks Nishant 😊
बहुत हीं अच्छी जानकरी अपने हमें दि है मुझे अभी इस बारे में मालूम ही नहीं था
Dhanywaad :)
Thank you for much useful video. I have a question. In case of Auto-Sweep A/c, you said bank will impose some penalty if we go for Pre Closure. If, out my 10000 FD amount, 5000 was withdrawn on which I will get some incurred interest but with Pre Closure penalty. But what about the remaining 5000 FD amount? How much interest rate will I get on that amount? Will the same penalty be applied to remaining FD amount?
Thank you so much sir for this wonderful information ❤️👌
Keep learning Chirag 😊
Sir LIC me hota he kiya
फारच छान माहिती दिली
This video was very nice and cleared concept of auto swipe and flexi
Keep learning Vrushali :)
can u make a video on : overdraft account vs auto sweep account vs flexi FD account. thanks!
You are awesome sir.. ur videos are always mind blowing
Thanks for appreciation :)
Thanks for the information. I must follow your advice.
Can you make a video. Which can tell us how bank decide there FD and CASA interest rate
Sir aap teacher the kya pehle??
Ek cheez puchna h ki abhi markat me sabse best FD rate kon dera ha?
Sir Which is better auto sweep saving account or liquid mutual fund?
finance ki knowledge ko unlock karne k liye thank you guruji
Keep learning
Hello sir, can we use auto sweep account facility in ICICI Online banking??? If yes how we can opt this option.
Syndicate bank me auto sweep registration ka video share kare
Thank you sir auto swipe, or flexi dono different h btane k liye, bank vale ko bolna padega dono same ni h😂
Kya A/C holder Auto-sweep to time period decide kar sakta hai,
SBI me ise MOD-balance kahte hai, jo ki auto activate hota hai, aur time period ka pata nahi chalta
In sweep facility if amount in bank is 40k and we deposit more, So that additional amount will be given fd rates Or Normal saving rate
Thank you Sir 🙏
Bahut achha samjhaya sir aapne👌
Dhanywaad :)
Hi Sir,
Really great channel sir... Sir please clarify on banks like ifdc, kotak, bandhan bank...whether keeping money in these bank safe...as Interest is higher in these banks..6% on saving...or i should go for sbi pnb or hdfc...as far as safety is concerned.
Bankrup hoojatay too hum kees may money rakhana chhyee
I have with current account how we gain interest from current account from bank please let to us
Hello sir,
Can you please enlighten me on which mode of premium payment is better and profitable in LIC policy. Is it yearly, monthly, quarterly or half yearly please reply.
Don't go towards lic if you have other good options.....
Instead have MF's via good banks like HDFC and axis
Sir mujhe SBCHQ-CSA-PUB-IND-CSSILVER-INR account k bare mai jankari chahiye ye kaun sa account hai
Is flexi FD safe in this era of credit/debit card and cheque forgery ?
excellent
i asked about it but even bank staff can not explain as you
Thank you 😊
@@AssetYogi political
Around beneficial for retirees and business class people.
Very good information sir. Your understanding is very good, thanks
Keep learning 🙂
Please make a video about best current account for smart up...
Does breaking partial FD before maturity also charges penaulty of upto 1% in Sweep in?
Very clear explanation. Nice video.
Thanks Sai
What if I choose FD tenure from 61 day to 90 day @ 6 % rate of interest BUT break in by say 50th day ?
How much panelty?
Or break in by 65th day ?
How much panelty?
Any expert Openion please?
Thanks sir
I was thinking since long.
You cleared my queries. You are really my mentor & money coach 👍
Sir can we use auto sweep account facility in bank of Maharast
Excellent Video Sir, I have a saving Plus account (Auto Sweep Facility) for 4 years in SBI, but I get difficult to understand the interest that I'm earning When the interest gets credited in the account? Whenever I ask the same thing to bank employee they are not able to tell me what I'm earning through interest. Please suggest how can I able to see my interest in mod amount. Thanks
I also go through this process and same thing happen with me but after some years I could understand that interest rates can be shown by us in simply Bank app where FD account no. shows, when we open it if you any breaked up FDs before only then you can see interest how much gain. I experienced all these with IDBI Bank
@@deepakmalawat2392 you can see how much interest quarterly deposited in your account and by dividing it with the same day total balance you can know how much % interest you have earned
sirji thank you, but - here with HDFC current account, auto sweep facility is not available' says Bankers of HDFC, what can be the solution plz - let me know from you...
Best video out there on this topic !!
Thank you so much.
@asset_Yogi what if I'll maintain my minimum amount in my SB acc. but frequently add and remove money from my SB ACC till the maturity date of my Auto sweep facilty. will it effect my FD interest or raise any penalty?
please suggest which bank gives best interst rates on auto sweep acoounts with minimum penalty.
What type of FD is "Money Multiplayer Fixed Deposit"? Is it swap in swap out or flexi deposit?
Hello Sir , plz.FD par Tax kaise calculate hota hai video banaye 4 lack ki FD apne daughter k liye karana chahta hoo.
Thanks in advance
Sir, so does that mean if we don't opt for auto sweep no tds on interest amount in Bank but if we opt for auto sweep we get interest based on fd but it is taxable?
Sir pnb auto sweep account ke baare me full info de
sir,is the process of auto sweep facility account same with SBI Saving Plus Account?
Hello sir .. Which bank is best for saving account and services wise ?
Thank you 💖 sir for this knowledge
Keep learning.
Is it better way to invest in Sukanya Samruddhi account and epf with comparative to owning a house as an investment to gain profit by rent
thank you sir aap bohot acha samjhate ho
Thanks Payal 😊
Really helpful for me thank u really .
This was really helpful sir
Keep supporting Neeraj :)
Sir, 25k se upar wala amount FD mein covert ho gya ek baar.
Fir kya uske baad bhi 25k savings account mein rakhna zaroori hai?
Sir aap ye screen ya writing wala Konsa method use karte ho .. plz tell
Good explanation.👍
Thank you 😊
Best youtuber for finance
Thanks.
Well explained. Thank you :)
I have one doubt for Reverse Sweep. Say I have minimum threshold as 50000 and I have total amount as 200000 in my account so 150000 will convert to FD. Now, for any reason, if I withdraw 50000, my FD amount will reduce from previous 150000 to 100000 to consider 50000 as new minimum threshold? Here I am keeping my balance above the minimum threshold of 50000 and still FD amount is reducing?
Appreciate your comment on this.
Sir agar penalty lagi tho CIBIL score par koi farak tho Nahi padega
I think money will be withdrawn from the savings account not the FD
@@AnilKumar-us2tb are FD counted in cibil score? it's asset not liabialities.... I believe penalty in that shouldn't matter.
I think the first withdrawal 50000 will be from savings account only not from FD. The next auto sweep will happen only if you have more than 50000 in savings account
Thank you for valuable information
Agar kisi ka Salary A/c ho aur usne auto swipe mode le rakha h to Salary a/c me v auto sweep me penalty lagti h kya ?
Awsome explanation Yogi jii....tnx alot...
I hope this will be helpful :)
@@AssetYogi hats off to your efforts sir....you set d rythm so well...
Thanks sir
Too good information
Keep learning Santoshanand :)
Hello Yogi Ji,
I would like to add money in parag parikh long term equity fund. I am already investing in same MF. Plz make one video on PPFAS
For how much duration?
Very intligence man you
Sir can we convert saving account into savings plus through SBI netbanking ?
Namaste
Setting Investments goals, target time and approximate expenditure is one of the early steps in financial planning for it will help decide how much a person has to invest and at what rate
Senior citizens ke best investment plans ko compare karke bataaiye.... It will be appriciable for the guidance to prevent their hard earned money going waste due to lack of knowledge....
sir very nice video....sir which one is better auto sweep or flexi one .....as understand by ur your video it seems that the later one i.e. flexi one is better than the auto sweep ...is iam correct...
Great sir you are sharing very valuble information for investment purpose thank you sir
Thanks for appreciation :)
Plse Sir eskay Upper Intt Ka Jo TDs Hota Hai usko Tally kernay Ka koi Trika Bato
Thanks for giving knowledge
ये Reply नही करते बस comment को like symbol ही देते हैं.
ये Reply नही करते बस comment को like symbol ही देते हैं.
can we do it directly through net banking?