What is it?
The Emergency Fund Calculator sets your Emergency fund target and how much to Save every month to build it.
Who is it for?
Salaried people, business owners and freelancers building a safety net before investing, especially those with EMIs or dependants.
How to use it
- Enter Essential monthly expenses (rent, food, EMIs, bills). Leave out things you could stop in an emergency, like eating out and shopping.
- Choose the Months to cover: 3 months (steady job, two incomes), 6 months (recommended), 9, or 12 months (business owner, one income).
- Enter what you’ve Saved so far and the Months to build it.
What it’s for
Job loss, a medical bill not covered by insurance, urgent home or car repairs, or helping family. It is not for holidays or shopping sales.
Where to keep it
Keep it somewhere safe and quick to reach: a savings account, sweep-in FD or liquid fund. Many people split it: one month’s expenses in the savings account and the rest in a sweep-in FD or liquid fund. Avoid shares and long-term FDs with penalties.
Tips
- Build this before investing for long-term goals.
- Health and term insurance protect the fund from the biggest shocks.
- After using it, rebuild it first.
Errors and how to fix them
- Nothing left to save: what you’ve saved already meets the target.
Open the tool: Emergency Fund Calculator
Still stuck?
Contact support. Tell us which tool or page you were using, what you tapped, what you saw, and your phone or computer and browser (for example: Android phone, Chrome). We reply by email.
Questions, or an error not listed here?
Tell us in the comments: what you were doing, the exact message you saw, and your device and browser. We read every comment and add new fixes to this article.