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Would I be able to see the amount of interest earned on my deposit?

You can typically keep track of interest earned on your deposit in a few simple ways. Here is how you can generally find out how much interest your money is earning:

  • Bank Statements: You will often get statements every month or quarter, either through the post or online, showing how much interest has been added to your account.
  • Online Portals: Most banks or non-banking financial company (NBFCs) have web pages or mobile apps where you can log in. These generally display your balance, latest activity, and what interest you have accumulated daily.
  • Customer Support: If you’re having trouble, you can call or visit your bank or the NBFC. They can tell you exactly how much interest your deposit has earned.
  • Email or SMS Alerts: Some banks or NBFCs send notifications when interest is added, especially for fixed deposits.