Ppf or fd
This query is : Resolved
Azad Korat
(Querist)
09 August 2015
What is the best way of investment? PPF or fixed deposit
10 August 2015
PPF and FD both carry attractive rates of interest. FD's usually carry interest rate of 9-9.5% depending upon period of FD and whether FD holder is senior citizen or not while PPF gives you interest rate of 8.75% so slightly lower than FD. But from taxation point of view PPF is much better as its interest is non taxable furthermore its investment is eligible for section 80C benefit.
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