which is better option for public providen fund ,in bank or post office?



I am 25 years old, i am planning to open PPF account, is it right decision ? if yes, then what is its procedure & which is better to open account in bank or post office?

3 Replies to “which is better option for public providen fund ,in bank or post office?”



  1. First of all congrats for deciding to open PPF account at such a young age.
    If you are employed at one place, please opt for SBI but if you are on roam then opt for Postal PPF.
    Both are same.
    Giving you the details by following links

    http://www.iloveindia.com/finance/post-office/public-provident-fund.html
    http://www.investmentkit.com/government/ppf.shtml
    http://www.moneycontrol.com/news/websearch.php?search_data=PPF

    One more thing,please seriously consider either direct share-market investment or diversified equity MF both of them in SIP mode say 5000/pm.
    It will definitely help you to beat the inflation in long way.

    BEST OF LUCK





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