How Much Emergency Fund Do You Need?
A common target is 3–6 months of essential monthly expenses in a liquid account (savings FD or liquid fund). If expenses are ₹50,000/month, aim for ₹1.5–3 lakh. Self-employed or single-income households often need the higher end — use the emergency fund calculator with your rent, EMIs, and food costs.
Published 15 June 2025 · Published by beMyCalc · Methodology
What counts as essential
Include rent, EMIs, groceries, utilities, insurance, and school fees. Exclude vacations and discretionary shopping from the monthly base.
Where to keep it
Split between instant-access savings and a short FD or liquid mutual fund. The goal is access within 1–2 days, not maximum returns.