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A Motilal Oswal Group Initiative

Need Funds In Your Uncertainties?

Your Shield in tough times!

Create an emergency fund with Glide

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Emergency Fund

Why Create an Emergency Fund?

Uncertain events

Manage Uncertain events

Like COVID, Recession, Loss of an earning member.

Unplanned events

Tackle Unplanned events

Like job loss, Business closure.

Financial Security

Provide Financial Security

Cover your family from any setbacks.

3 Steps

To Create an emergency fund with Glide Invest

Step 1

Create a FREE account with
Glide Invest.

Step 2

Select Emergency Goal
from Goals.

Step 3

Keep investing till target
amount is realized.

3 things

To consider when setting up an emergency fund

Save in emergency fund not in bank

Save in Emergency funds & not in a bank

Save six times more than your salary

Save 6 times of your monthly expenses

Secure Withdraw

Withdraw only in case of an Emergency

Get the amount credited to your A/c within 30 mins !!
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Meet The Glide Investors

Umesh_Mandve
five_stars

“GI is easy & user-friendly app to start investing. Helped in financial goal planning. They also educate through learn section. Overall it's a promising app.”

Umesh Mandve

Creative Head
Rushikesh_Pawaskar
five_stars

“GI is easy & user-friendly app to start investing. Helped in financial goal planning. They also educate through learn section. Overall it's a promising app.”

Rushikesh Pawaskar

Shipping Manager
Nisha_Prasad
four_stars

“GI is easy & user-friendly app to start investing. Helped in financial goal planning. They also educate through learn section. Overall it's a promising app.”

Nisha Prasad

Business Analyst

FAQs

Why Savings account is not a good choice to plan for emergency fund?

Money in Savings account offer Negative Real Return
Simply put, Interest earned through Savings account is less than the cost of inflation, which reduces the purchasing power of your money.
Let's understand this with simple math’s, interest rate offered by savings account = 3.5% to 5.00% (remember with conditions of minimum balance, tenure & threshold limits in place) whereas the cost of inflation is around 7%. This means your money is not generating enough returns & thus you lose purchasing power in long term. Don't forget the other expenses associated with your bank account also impacts the returns.
Money in Savings account get spent unconsciously.
To be able to take care of unavoidable expense in absence of income. To avoid borrowing. To be focused on your regaining your source of income and not be worried about expenses.
3 to 6 months of expenses (You may choose to include EMI’s). Other factors which decide the amount are number of dependents, lifestyle and age of family members.
Liquid Mutual Funds are debt funds which invests into debt & cash market securities with maturity of upto 91 days. There are Debt funds with maturity period of 1 year also.
We say, Yes! Liquid mutual funds are not linked to stock (Equity) market and is independent of it's volatility. They invest in fixed deposits & Bond paper of government and private companies which returns money within 91 days.

No. Big No.

Always remember emergency funds are for unplanned situation.