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Emergency fund calculator
The money that stops a job loss or hospital bill from becoming debt. Find your target and your date to reach it.
How much is enough
Count essential costs only: rent or EMI, food, utilities, insurance premiums, school fees and loan payments. Six months suits most households; single earners and people with irregular income should hold more. ₹40,000 of monthly essentials needs ₹2.4 lakh. Starting from ₹50,000 and saving ₹10,000 a month, you get there in about a year and seven months.
Where to keep it
- A savings account or sweep-in FD for the first month or two, for instant access.
- Short FDs or a liquid fund for the rest; liquid funds usually pay out within one working day.
- Not in shares or long lock-in products, which may be down or locked when you need them.
Read the full emergency fund guide.