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Emergency Fund
How much emergency money would your household like to keep ready?
Start with essential monthly expenses and choose how many months of expenses you want to test. Then compare that target with the emergency savings you already have.
There is no single correct number
Job stability, dependants, insurance, health needs and access to other reliable resources all matter. Treat this as a planning range, not a rule.
Enter your essential monthly expenses and the number of months you want to test.
Emergency-fund target
What this means
Current emergency savings
Current months covered
Gap to chosen target
Time to close gap
Keep emergency money reasonably accessible. Do not count assets that would be difficult or costly to use quickly.
Your target can change as life changes
A household with variable income, dependants or higher medical risk may choose to test a larger buffer than a household with stable income and strong backup resources.
Planning illustration only. The number of months is your assumption, not a MoneySastra recommendation. RBI financial-education material also emphasises keeping emergency money accessible. RBI financial education ↗