About this calculator
Enter your essential monthly expenses and how many months you want covered. Many people aim for 6 months; those with less stable income often keep more.
How to use it
- Enter essential monthly expenses.
- Choose how many months to cover.
- Enter what you have set aside and what you can save each month.
The formula
- essential expenses
- spending you cannot cut in a crisis
- months
- how long the fund should last
Worked example
₹35,000 a month for 6 months
- Target = 35,000 × 6 = ₹2,10,000.
- With ₹50,000 set aside, ₹1,60,000 is left to build.
- Saving ₹10,000 a month, that takes 16 months.
What the result means
Keep the fund in a savings account, sweep-in FD or liquid fund: safe and quick to withdraw, not invested in shares.
Assumptions
- Expenses stay the same.
Limitations
- Health insurance is separate; an emergency fund does not replace it.
Frequently asked questions
How many months should my emergency fund cover?
Commonly 6. Freelancers, business owners and single-income families often keep 9 to 12.
Where should I keep it?
A savings account, a sweep-in FD or a liquid fund.
Should EMIs be included?
Yes, include all payments you must make every month.
For information only. This calculator gives estimates based on the figures you enter and the assumptions listed above. It is not financial advice. Actual amounts depend on the lender’s or institution’s terms, fees, rounding and rate changes. Please confirm with them before you decide.
Last reviewed on 1 October 2026. Found a mistake? Tell us.