🇮🇳India

Emergency Fund
Calculator (INR)

How much safety net do you need? Calculate your emergency fund target based on your Indian expenses.

Emergency Fund Target

₹2.3 L

₹38,000/mo × 6 months

Safety Score

22%

Gap: ₹1.8 L · ~36 months to goal

22/100

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❓ Frequently Asked Questions

How much emergency fund do I need in India?

Financial planners recommend 3-6 months of essential expenses. If spending ₹40,000/month, you need ₹1.2-2.4 lakh. If you have dependents, a home loan, or unstable income, aim for 6-12 months.

Where should I keep my emergency fund in India?

High-interest savings accounts (4-7% at small finance banks like AU, Equitas), liquid mutual funds (6-7% returns with next-day withdrawal), or a combination. Avoid FDs for emergency funds — they have premature withdrawal penalties.

Is ₹1 lakh enough as an emergency fund?

It depends on your monthly expenses. If you spend ₹30,000/month, ₹1 lakh covers ~3 months — the minimum recommended. For a family in a metro city spending ₹60-80K/month, you'd need ₹2-5 lakh minimum.

Should I invest my emergency fund?

Keep 1-2 months in a savings account for immediate access. The rest can go into liquid mutual funds (1-day redemption) or overnight funds (same-day). Never invest emergency funds in equity, ELSS, or anything with a lock-in.