Provident Fund Accounts: Types, Interest Rates, All Details

Employees' Provident Fund (EPF) and Public Provident Fund (PPF) are two types of retirement savings plans. EPF is a mandatory contribution from the salary of an individual that every organization with more than 20 employees has to deduct. On the other hand, PPF is an optional investment avenue with income tax benefits. EPF is offered by retirement fund body EPFO or Employees' Provident Fund Organisation while PPF is offered by banks ...