Free tool
Savings rate calculator
Your savings rate is the share of your take-home pay you keep rather than spend. It is one of the clearest signs of how quickly you're building a cushion — and it is simple to work out.
Your savings rate
30%
Saved each month
₹24,000
Saved each year
₹2,88,000
Each year you save enough to cover about 5.1 months of your current spending.
Estimates for planning only, not financial advice. Lenders may round figures slightly differently.
How savings rate is calculated
Savings rate = (take-home income − spending) ÷ take-home income × 100
If you take home ₹80,000 a month and spend ₹56,000, you save ₹24,000 — a savings rate of 30%. Over a year that is ₹2,88,000, enough to cover about 5.1 months of spending.
What counts as spending, and what counts as saving
Spending is everything that leaves for good: rent, groceries, bills, EMIs, card payments, subscriptions and day-to-day purchases.
Saving is what you keep, including money you move into SIPs, PPF, fixed deposits or other investments. Counting an investment as an expense would make a disciplined month look like an expensive one.
Raising your savings rate
Most people find it easier to raise the rate by a few points at a time than to overhaul their budget at once. Two things make the biggest difference: knowing where the money actually goes, and moving savings out on payday before it can be spent.
Becom's budget planner works out your savings rate every month from your real income and spending, keeps investments separate from expenses, and shows this month against last.
Questions people ask
What is a good savings rate?
There is no single right number — it depends on your income, commitments and goals. Many people aim for at least 20% of take-home pay. What matters most is knowing your rate and nudging it upward over time.
Should I use gross or take-home income?
Take-home income — what actually reaches your account after tax and deductions. It is the money you can choose to spend or save.
Do EMIs count as spending?
Yes. An EMI is money that leaves each month. The part that repays principal does build ownership of an asset, but for day-to-day planning it is simplest to treat the whole EMI as spending.
Do investments count as savings?
Yes. Money moved into SIPs, PPF, fixed deposits or similar is saved, not spent.
More free tools: EMI calculator · SIP calculator · Goal savings calculator · Emergency fund calculator · Rent vs buy calculator · Rental yield calculator · Life in weeks
Know your savings rate every month
Becom's Wealth Planner works it out automatically from your real income and spending, alongside your EMIs and investments.
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