Question

Difference between ppf and epf interest rate

Answer 1

employees provident fund and public provident fund are long term investment instruments for retirement . the beauty of these options lies in their slow steady and secure nature.you keep investing small amounts and end up with a big corpus by the time u retire .it is very important for working individuals to take advantage of these instruments.however a lot of people are often confused between the two options




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Answer 2

ppf a satutary scheme by the central government, started with the objective of providing old age income security to self employed ones from unorganized sectors.

EPF on the other hand is a retirement benefit applicable only for salaried employees.

interest rate for ppf account is 8.70% and of EPF is 8.65%.

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