Emergency Money

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Are mutual funds the right place to park my money for emergencies?

Yes, absolutely! You will be investing in Liquid Mutual Funds. So, your money will not really have down-market risks.  After figuring out how big a corpus you need, choose an appropriate investment option. Remember, accessibility of your money (and not...

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Does the Scripbox Emergency Money have accidental cover in case I face one?

No. Currently, Scripbox Emergency Money doesn’t have accidental cover.

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What is Scripbox Emergency Money?

Scripbox Emergency Money helps you prepare for the unplanned. It helps you set aside a sufficient amount of money that you can use during the surprises that life throws at you.  Here are some times where Scripbox Emergency Money can...

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How much money should I have in my Scripbox Emergency Money?

It’s recommended that one should keep a minimum of 4 months of their salary as an emergency corpus. If you have dependents (like family), then 6 months or more of your salary is a must. Since this can’t be built...

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Does Scripbox Emergency Money have a lock-in period?

There is no lock-in period.However, it is recommended that you withdraw the money only in case of an emergency and not otherwise.

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