Compare the EPF and PPF

What is the differences between EPF, and PPF?	EPF- Employees Provident Fund  PPF - Public Provident Fund
	EPF - Employees Provident Fund for Private sector where 12% of Employees share and 12 % of Employer's share of Basic Salary + DA is deducted and remitted to PF Authorities
	PPF - Individuals can save to a maximum of Rs.70000/- in a year in the account. Account can be maintained in a Post Office.  PPF (Public Provident Fund)  The Public Provident Fund has been established by the central government. You can voluntarily decide to open one. You need not be a salaried individual, you could be a consultant, a freelancer or even working on a contract basis. You can also open this account if you are not earning. Any individual can open a PPF account in any nationalised bank or its branches that handle PPF accounts. You can also open it at the head post office or certain select post offices.
2. What is the return on this investment?	EPF: 8.5% per annum PPF: 8% per annum
3. Repayment of due amount	EPF The amount accumulated in the PF is paid at the time of retirement or resignation. Or, it can be transferred from one company to the other if one changes jobs. In case of the death of the employee, the accumulated balance is paid to the legal heir. heir. PPF The accumulated sum is repayable after 15 years.
What is the tax impact?	EPF The amount you invest is eligible for deduction under the Rs 1,00,000 limit of Section 80C. If you have worked continuously for a period of five years, the withdrawal of PF is not taxed. If you have not worked for at least five years, but the PF has been transferred to the new employer, then too it is not taxed.
EPF  Loan facility	If you urgently need the money, you can take a loan on your PF.
PPF Loan facility	You can take a loan on the PPF from the third year of opening your account to the sixth year