Question 1

What is Finkoin?

Accepted Answer

Finkoin is India's free personal finance platform. Know it. Fix it. Grow it. Your complete money life. Check your financial health score, compare old vs new tax regime, plan SIPs, track expenses, and split bills — no PAN or Aadhaar needed.

Question 2

How much emergency fund do I need in India?

Accepted Answer

For single individuals in India, 6 months of expenses. For married couples, 9 months. For families with kids, 12 months. Keep in liquid mutual funds or a savings account.

Question 3

How much term insurance do I need?

Accepted Answer

Annual income multiplied by 10, adjusted for age, loans, and dependents. Minimum ₹50 lakh. Always buy pure term, not ULIP or endowment.

Question 4

How much should I invest per month in India?

Accepted Answer

Minimum 20% of take-home salary. Start with a Nifty 50 index fund SIP. Increase by 10% every year as income grows.

Question 5

What is a good financial health score?

Accepted Answer

Above 70 is good. 50-70 is on track. Below 50 needs attention. The score considers emergency fund, insurance coverage, debt ratio, and investment rate.

Question 6

Which tax regime is better for salaried employees in 2025-26?

Accepted Answer

For FY 2025-26, the new tax regime is often better if your deductions (80C + HRA + home loan interest) are below about ₹3.75 lakh. If deductions are higher, compare with Finkoin's free old vs new tax regime calculator.

Your complete money life.Know it. Fix it. Grow it.

Check your financial health score, calculate tax savings, plan investments — everything in one place. No PAN needed.

Start your financial freedom journey

Your complete money life.Know it. Fix it. Grow it.

Check your financial health score, calculate tax savings, plan investments — everything in one place. No PAN needed.

Start your financial freedom journey

What you get

Financial Health Check

Pricing

What you get

Financial Health Check

Pricing