PPF vs Personal Loan: Which one is better for you? All you need to know
A PPF loan allows you to borrow up to 25 per cent of your account balance. The interest rate is typically only 1-2 per cent higher than the PPF rate of 7.1 per cent. New Delhi: The festive season often leads to a spending spree, disrupting many people's budgets. To cover these financial needs, people usually end up taking loans. Personal loans are the most common choice in such circumstances, as they require very few documents and are approved by banks quickly and easily. However, their convenience comes with a catch - high interest rates.ย For those with urgent needs looking…