PPF
This query is : Open
16 September 2017
ppf in post office
or ppf in bank
which one is better and secure ?
or both are same
K Srinivas, CMA CS
(Expert)
16 September 2017
Sir,
PPF is neither a deposit with the bank or the post office. It is your deposit with the Government and banks/post offices acts as a agent for the government. Since the scheme is administered by govt only, both are equally safe
PPF is neither a deposit with the bank or the post office. It is your deposit with the Government and banks/post offices acts as a agent for the government. Since the scheme is administered by govt only, both are equally safe
16 September 2017
thanks.
clarification, really appreciated.
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