How can I find out how much money I have in a fixed deposit each month?

There are a few convenient ways to find out the fixed deposit (FD) balance every month:

1. Online Portal: Log in to the online account of the financial institution and check FD details available under ""My Accounts"" or ""Deposits"" section. It shows the latest balance and accrued interest.
2. Mobile App: Most finance apps have FD section showing principal amount, interest rate, maturity value and date. Monthly balance can be checked here.
3. Account Statements: Many financial institutions send fixed deposit statements through email or post annually. It shows opening amount, cumulative interest and latest balance.
4. Customer Care: Get the current FD status and balance by calling the financial institution’s toll-free customer care number and providing FD account details.

Using any of these methods, FD account holders can easily find out their current fixed deposit balance and accrued interest on a monthly basis.