Savings Account on WebNotes

Liquid fund vs savings account

Tue, 12 May 2026 00:00:00 +0000

Liquid mutual funds and bank savings accounts are both commonly used for parking short-term cash in India. Liquid funds are debt-oriented mutual fund schemes regulated by the Securities and Exchange Board of India, investing in money market instruments with a maturity of up to 91 days. Bank savings accounts are deposit products regulated by the Reserve Bank of India (RBI), offering a fixed or floating interest rate on balances maintained.

Both instruments provide ready access to funds, but they differ in return potential, insurance coverage, taxation, and minimum balance requirements.

Liquid fund vs sweep-in FD

Tue, 12 May 2026 00:00:00 +0000

A sweep-in fixed deposit (also called an auto-sweep FD or sweep facility) is a product offered by banks in India that automatically converts savings account balances above a specified threshold into short-term fixed deposits, earning the higher FD rate while retaining the liquidity of the savings account. When the account holder initiates a withdrawal or payment that exceeds the savings balance, the linked FD is automatically broken in LIFO or FIFO order to fund the transaction.

3-in-1 account at Zerodha

Mon, 11 May 2026 00:00:00 +0000

3-in-1 account at Zerodha refers to the integration of three distinct financial accounts, a savings bank account, a demat account, and a trading account, into a single functional unit that allows funds and securities to move between them with minimal friction. The concept of a 3-in-1 account originated in India when HDFC Bank, ICICI Bank, and Kotak Mahindra Bank began offering tightly integrated savings + demat + trading packages through their own brokerage arms. Zerodha does not offer a traditional 3-in-1 account in the sense used by bank-sponsored brokers, because Zerodha is a standalone discount broker and does not hold a banking licence. However, Zerodha does integrate its trading account (Zerodha Broking Limited) and demat account (CDSL or NSDL via Zerodha DP) with the client’s existing savings bank account at any scheduled commercial bank, creating a functional 3-in-1 experience without the account being held under one institutional umbrella.