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Emergency Fund
2 articles tagged Emergency Fund.
personal finance
How to Build an Emergency Fund in India — Complete Guide ({{now.year}})
An emergency fund is 3-6 months of essential expenses kept liquid. For a family spending ₹50,000/month, that means ₹1.5 to ₹3 lakh. This guide shows exactly how to build yours — with income-based examples and where to park the money.
12 min read· InvestingPro Editorial Team
banking
Best Savings Account Interest Rates {{now.year}}: Where to Park Your Emergency Fund
Rs 1 lakh in SBI savings account earns you Rs 2,700 per year. The same Rs 1 lakh in AU Small Finance Bank earns Rs 7,250. Same money, same safety, almost 3x the return. Here is a comprehensive comparison of savings account interest rates across 20+ Indian banks, tax implications, and how to structure your emergency fund for maximum returns.
14 min read· InvestingPro Banking Desk