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EPF or PPF - Which one should you invest in?

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About EPF or PPF - Which one should you invest in?

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If you wish to be part of the Money Matters series, please fill up this form: https://forms.gle/Tmbo2nUTnhn9vjpG7 What is the difference between EPF and PPF? Should you invest in them? How much % of your investment should go there? Friends, since a lot of you have been asking for the differences and utility of EPFs and PPFs, this video is my take on those! We will talk everything about: - Whether you are eligible for them - When can you withdraw the amount - Risk involved - Amount of contribution in each - And my recommendation for investing in them And if you are in your 20’s, I share some valuable advice for you towards the end which you will be able to understand only if you understand the entire video. You can find the notes for this video at https://bit.ly/3iBv9Jq Hope this helps! Here is my video where I teach budgeting your income: https://www.youtube.com/watch?v=5uaXq-xDp2g How to understand your salary slip, here is the video that will help you: https://www.youtube.com/watch?v=7F7VGCfsasE Here’s how partial withdrawal of PPF works, from 7th to 15th year: - Only one partial withdrawal will be allowed every financial year (starting from the 7th financial year onwards) - The amount that can be withdrawn is equal to the lower of: 50% of the PPF account balance as at the end of the year immediately preceding the current year, or, 50% of the account balance as at the end of the 4th year, immediately preceding the current year. You can a PPF account using these links: At HDFC Bank: https://www.hdfcbank.com/personal/save/accounts/public-provident-fund At SBI: https://sbi.co.in/web/personal-banking/investments-deposits/govt-schemes/ppf At ICICI Bank: https://www.icicibank.com/Personal-Banking/investments/ppf/terms-and-conditions.page If you are an employer, here is how you can open an EPF Account: https://cleartax.in/s/epf-registration-employers Here’s how you can withdraw money from your EPF Account: https://cleartax.in/s/epf-withdrawal-online Here’s how you can withdraw money from your PPF Account: https://www.google.co.in/amp/s/www.paisabazaar.com/saving-schemes/ppf-withdrawal/amp/ #warikoo #epf #ppf Click here to subscribe to my YouTube channel: http://shorturl.at/bizNX ------------------------------------------------------------------------------------------------------------------ Ankur Warikoo is an entrepreneur, an angel investor, a mentor and an active public speaker. For the past 4 years, Warikoo has been actively sharing content on YouTube, LinkedIn, Instagram, Facebook and Twitter amassing a following of 3 Million+ people. He posts 3 Hindi and English videos every week on his YouTube channel, where he talks about entrepreneurship, how to grow in life, personal finance and failure. Warikoo started his entrepreneurial journey in 2008. His most recent startup is nearbuy.com where he was the founder and CEO from 2015 until 2019. Prior to that, Ankur started Groupon’s India business in 2011 and acted as the Country CEO from 2011-15, and Head of Groupon APAC from 2013-15. An alumnus of the Indian School of Business, Ankur is an active Angel investor and mentor to several startups. Ankur has been part of Fortune Magazine’s 40 under 40 List for India, LinkedIn India’s PowerProfiles List, LinkedIn India’s Spotlight List and India’s Top Executives under 40 list. --------------------------------------------------------------------------------------------------------------------------- SIP in Stocks with FREE* Demat A/c on INDmoney: https://indmoney.onelink.me/RmHC/x3g6i4vs My Money Apps: https://bit.ly/3Zg56eR My bestselling books: ā€˜GET EPIC SHIT DONE’: https://ankurwarikoo.com/getepicshitdone ā€˜Do Epic Shit’: https://ankurwarikoo.com/doepicshit My gear for shooting this video: šŸŽ„ Sony a7III camera: https://bit.ly/3M42wAV šŸŽ¬ Sony FE 24-70 f2.8 Lens: https://bit.ly/3KCCiF0 šŸŽ™ļø Shure SM7B Microphone: https://bit.ly/3O1NAVA šŸ”† Fill Light 60W: https://bit.ly/37aJolP šŸ’” Key Light 150W: https://bit.ly/3O9nyjs šŸ“½ļø Benro IT15 Tripod for Sony a7III camera: https://bit.ly/3O4PvJ1 Useful links: 20 books for your 20s: https://bit.ly/WarikooBooks 20 online courses for your 20s: https://bit.ly/WarikooOnlineCourses Gadgets that I use: https://bit.ly/WarikooGadgets The above links are on Amazon. If you buy any of these using the above links, I stand to make affiliate income from it. 100% of this income is contributed towards the education of kids who cannot afford it. In 2021 we contributed 38L and in 2022 we contributed 53L. Let’s connect online: šŸŽ™ļø My weekly podcast Woice with warikoo (Spotify): https://open.spotify.com/show/1g7wpoqydK6hszvi4DFywg šŸ“© My weekly newsletter warikoo Wanderings: https://ankurwarikoo.com/newsletter/ šŸ“± Instagram: https://instagram.com/ankurwarikoo 🐦 Twitter: https://twitter.com/warikoo šŸ‘ØšŸ»ā€šŸ’» LinkedIn: https://www.linkedin.com/in/warikoo šŸ˜„ Facebook: https://www.facebook.com/awarikoo/ šŸ–‹ļø Daily Blog: https://ankurwarikoo.com/blog/

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