EPF Vs PPF: Where Should You Invest Your Money?
Both Employee Provident Fund and Public Provident Fund are secure long-term investment instruments, providing a big sum to individual investors at the time of retirement
Updated: May 12, 2021 3:56 pm IST
The rate of return is 8.5 per cent annually for EPF account and 7.1 per cent per annum for PPF
Employee Provident Fund (EPF) and Public Provident Fund (PPF) are two long-term investment instruments that help in saving on income tax. The beauty of these instruments lies in their slow, steady and secure nature. It is very important for working individuals to take advantage of these options, as small investments over a period of time result in a big corpus by retirement time. But people often get confused between the two and may need help in deciding clearly which of these is suited best for them. Let's take a closer look to understand the potential benefits of the two options.