HomeEducation Education Why PPF is better than bank deposit: #4 Builds Retirement corpus Why PPF is better than bank deposit: #4 Builds Retirement corpus

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Why PPF is better than bank deposit: #4 Builds Retirement corpus

Why PPF is better than bank deposit: #4 Builds Retirement corpus

Wednesday, May 17, 2017, 11:27 AM
Due to its long tenure of 15-years, PPF helps you to build solid retirement corpus. The advantage of the lock-in for seven years is that it helps you to save money and you cannot withdraw easily, which is good in a way as it is a forced savings. Easy withdrawal in case of bank may never allow you to save adequately for the future.
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