Does anyone have multiple saving account with hdfc?
Recently I activated sweepin feature if whenever account has low balance then it would pull funds from other account.
But Recently I was charged debit interest capitalized is that normal?
Sweep In feature in saving account doesn't pull funds from other saving account.It just transfers the amount above certain thersold for creation of Fd and when there is shortage of fund while transacting then fund automatically sweeped In to complete the transaction.
Sweep In feature in saving account doesn't pull funds from other saving account.It just transfers the amount above certain thersold for creation of Fd and when there is shortage of fund while transacting then fund automatically sweeped In to complete the transaction.