Calculator

Emergency Fund Calculator

Find out how much you need in your emergency fund based on your expenses, dependents, and job stability. Build your financial safety net.

10,0005,00,000
08
02,00,000
050,00,000

Recommended Emergency Fund

₹3.54 L

6 months of expenses

Current Coverage

1 months

Existing fund: ₹1,00,000

Gap to Fill

₹2.54 L

Save ₹21,167/mo to build in 1 year

Fund Status

28% fundedTarget: ₹3.54 L

Why Do You Need an Emergency Fund?

An emergency fund is your financial safety net for unexpected events - job loss, medical emergencies, urgent home repairs, or any crisis. Without one, you risk falling into debt or breaking long-term investments at a loss.

How Much Emergency Fund Do You Need?

  • Government / stable job: 3 months of expenses
  • Private sector / moderate risk: 6 months of expenses
  • Freelancer / business owner / risky job: 9-12 months of expenses

Where to Keep Your Emergency Fund

  • High-yield savings account for instant access
  • Liquid mutual funds for slightly better returns with 1-day withdrawal
  • Fixed deposits with premature withdrawal facility
  • Never invest emergency funds in stocks or equity - they must be safe and liquid