Emergency Fund Calculator
Calculate how many months of mandatory living expenses you should keep in safe, liquid savings to protect against medical emergencies and unforeseen job loss.
What Is an Emergency Fund?
An Emergency Fund is an essential cash buffer preserved in high-liquidity, low-risk accounts. Its sole purpose is to keep your household afloat during sudden life disruptions (such as medical crises, economic layoffs, or major family emergencies) without taking high-interest loans or liquidating long-term equity mutual fund SIPs at market bottoms.
Where Should You Keep Your Emergency Fund in India?
1. High-Yield Savings Account
Keep 1 to 2 months of expenses in your primary bank account for instant ATM / UPI access 24/7.
2. Sweep-in Bank FDs
Keep 2 to 3 months of expenses in auto-sweep fixed deposits that earn 6.5%–7.5% interest with zero break penalty.
3. Liquid Mutual Funds
Keep the remainder in AAA-rated overnight or liquid mutual funds offering insta-redemption up to ₹50,000 per day.
Frequently Asked Questions
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