How to use the Emergency Fund Calculator
- Enter only your essential monthly expenses.
- Choose how stable your income is.
- Enter what you have already saved.
- See your target and monthly saving needed.
Where to keep your emergency fund
Keep it safe and easy to withdraw: a savings account, a sweep-in FD or a liquid mutual fund. Do not keep it in equity or in long lock-in products. Health insurance is separate: an emergency fund cannot replace a good health cover.
Frequently asked questions
How much emergency fund should I have?
At least 6 months of essential expenses for a salaried person, and 9-12 months if your income is irregular.
These tools give estimates for general guidance and are not financial or tax advice. Rates and rules can change; check official sources before making decisions.