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Emergency Fund Calculator
Result
Chart
Show formula & working
Emergency fund = (essential expenses + EMIs + yearly premiums ÷ 12) × months to cover
Details
How this works
An emergency fund keeps a job loss or medical bill from turning into debt or a forced sale of investments.
Count only essentials — the spending that continues even in a crisis — plus EMIs and insurance premiums.
Frequently asked questions
Where should I keep it?
Somewhere safe and quick to reach: a savings account, a sweep-in FD or a liquid fund.
Does health insurance replace it?
No. Insurance covers hospital bills; the fund covers living costs and what insurance does not pay.
Can a credit card be my emergency fund?
No — card interest is very high. It is a last resort, not a plan.