@Suraj Gupta master this feature is also available for Kotak 811 zero balance
@ValueSeeker Bhai I have no idea about sweeping facility, but in active money amount in saving account> 25000 automatically transfer to Active money FD in round off of rs. 5000, and if amount in saving account reduce below 10000 then shortage amount automatically transfer from active money FD account. ( Ha to bol sakte he ki it is the same as sweep, just old wine in new bottle, may be difference in interest rate or maturity period)
@S.B JAIN Ji, after consideration of point share by @ValueSeeker , if you think that probable profit from the ipo is more than the loss of interest due to breach of the current FD , then only you may broke your current FD. And I am not applying from Kotak securities, hence no idea about it.