Budgeting
Savings Goal Calculator
Computes the monthly amount to set aside in a low-risk savings vehicle to reach a target amount.
Your details
₹
yrs
%
₹
Required monthly saving
₹11,676
Save ₹11,676/month to reach ₹3,00,000 in 2 years at 6.5%.
How this is calculated
Required monthly saving = (Target amount − future value of existing savings) ÷ savings future-value factor for the given rate and tenure.
Frequently asked questions
How is this different from the Goal Planner?
Same underlying math, but this one defaults to a low-risk, savings/FD-like return — appropriate for short-term goals where you can't afford market risk.
What if I want to use a riskier, higher-return assumption?
You can — just raise the rate input. For longer horizons where equity risk is appropriate, our Goal Planner defaults closer to that range.