PPF Vs FD: Where do you get more benefit by investing in PPF or FD? Know here

PPF and Fixed Deposit are very popular investment schemes in the country. A large number of people invest their savings in FD and PPF schemes. By investing in both schemes, you do not have to face the dangers of any kind of market risks. These schemes are completely safe in terms of investment. By investing in FD, you get a higher interest rate than a regular savings account. You can invest in FD for a few months to a few years. On the other hand, PPF is a long-term investment scheme. Often people have a question in which PPF or FD do you get more benefit by investing? If you also want to know about this, then today we are going to tell you about this. Let's know -

You can invest in the PPF scheme for 15 years. The lock-in period of this scheme is for 15 years. However, after 15 years, you can extend your investment period for five years each.

You get the facility of partial withdrawal on the money invested in the PPF scheme after seven years. On the other hand, if we talk about a fixed deposit scheme, then you can invest in it from 7 days to ten years.

A fixed deposit investment scheme is very beneficial for those who want to invest in a stable, short, and mid-term with guaranteed returns.

On the other hand, if you want to invest for a long period, then PPF scheme can prove to be a better option for investment. You get tax benefits in both PPF and FD investment options.

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