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Monthly Budget calculator
Plan your salary, control expenses and see how much you can save every month.
Monthly Budget Calculator for India
Use this free monthly budget calculator and planner to divide your salary between housing, food, transport, bills, personal expenses and savings. Enter your income in Indian rupees and adjust each expense category to create a budget that fits your lifestyle.
How to plan a monthly budget
Start with your monthly take-home income rather than your gross salary. List essential expenses such as rent, groceries, electricity, transport, insurance and loan payments. Then add discretionary spending and decide how much you want to save.
50/30/20 budget rule
The 50/30/20 method is a simple starting point: approximately 50% of income can be allocated to needs, 30% to wants and 20% to savings or financial goals. Your actual percentages can be adjusted according to rent, family size, debt and income.
Example: ₹50,000 monthly salary
Someone earning ₹50,000 per month could use the calculator to experiment with different allocations for rent, food, transportation, bills, personal spending and savings. There is no single correct budget because household costs vary considerably across India.
Budgeting for Indian households
Common monthly categories include rent or home expenses, groceries, electricity, LPG, internet, mobile bills, fuel or public transport, insurance, education, healthcare, subscriptions and entertainment.
Frequently Asked Questions
What is a monthly budget?
A monthly budget is a plan that assigns your income to expenses, savings and financial goals before or during the month.
How much should I save every month?
A common starting target is around 20% of take-home income, but the appropriate amount depends on your income, expenses, debt and financial goals.
Is the 50/30/20 rule suitable for India?
It can be used as a simple budgeting framework, but it should not be treated as a strict rule. Housing costs, family responsibilities and income levels vary widely across India.
Does this budget planner save my data?
Your budget is stored locally in your browser. It does not require an account to use the calculator.