How To Activate (Enable) Auto Sweep Facility In SBI Online

Auto sweep facility allows you to earn higher interest rates on your idle money in your savings account. If you are an SBI customer and want to activate auto sweep on your account, you can do it online.

State Bank of India (SBI) has made it easier to activate the auto sweep facility online through their net banking portal onlinesbi.sbi.

In this article, you will get to know the following points on how to activate the auto sweep facility in SBI,

Details required
Steps to activate SBI auto sweep facility

Let’s see each of these points in detail.

Details required to activate Auto Sweep facility in SBI online

You need the following details to activate Auto Sweep facility on your SBI account online,

Registered mobile number.
SBI Internet banking username and password.

In case you have forgotten your Internet Banking details, you can find your username and reset your password online.

Steps to enable Auto Sweep facility in SBI online

To activate or enable the Auto Sweep facility in your SBI account online,

Step 1: Go to the official website of SBI Online

The SBI Online website homepage — SBI Online homepage

First, go to the official website of SBI Internet Banking at onlinesbi.sbi
Next, click on the ‘Login’ button under Personal Banking.
Next, click on the ‘Continue to Login’ button.
A new page opens up.

(Direct link to the page)

Step 2: Log in to your Internet Banking account

On the new page, enter your internet banking username and password in the specified fields.
Next, enter the captcha code and click on the ‘Login’ button.
An OTP will be sent to your registered mobile number.
Enter it in the specified field and click on the ‘Submit’ button.
You will be logged in.

Step 3: Open the ‘Deposit’ option

Deposit option under Deposit and investments SBI — The ‘Deposit’ option under ‘Deposit & Investments’ in OnlineSBI

Now, go to the ‘Deposit & Investment’ option.
Next, click on the ‘Deposit’ option.
A new page will open.

Step 4: Select the ‘Auto Sweep Facility (Grow your Money)’ option

Auto Sweep Facility option — The ‘Auto Sweep Facility’ option

Next, click on the ‘Auto Sweep Facility (Grow your Money)’ option.
A new page will appear showing all of your account details.
Next, select the account number for which you want to activate the Auto Sweep Facility.
Next, click on the ‘Continue’ button.

Step 5: Verify your account

Next, a ‘High Security password’ will be sent to your registered mobile number.
Next, enter it in the specified field.
Next, click on the ‘Confirm’ button.

Step 6: Enter the Auto Sweep details

SBI auto sweep details entry page — SBI ‘Auto Sweep Facility’ details entry page

Next, select the ‘Sweep Cycle’ from the given options.
Next, select the ‘Start Date’ by clicking on the ‘Calendar’ icon.
Next, enter the ‘Threshold Amount’ in the specified field. The minimum threshold amount is ₹ 35,000.
Next, enter the ‘Resultant Balance’ in the specified Field. The minimum resultant amount is ₹ 25,000.
Next, click on the ‘Submit’ button.

A new screen will appear showing that the auto sweep facility has been activated on your account.

By following these steps, you can easily activate the auto sweep facility on your SBI account online through the SBI net banking portal at onlinesbi.sbi.

You can also check the auto-sweep balance in your account or create a Fixed Deposit through the same portal.