PPF has a 15-year core tenure, a yearly deposit cap and a government-notified rate. Bank FDs have flexible tenures and taxable interest in most cases. People often use both: FD for near-term cash, PPF for long-horizon 80C-style saving when their tax regime allows it.
Project both on the PPF calculator and the FD calculator. Confirm current notified rates and tax rules before you invest.
Not tax advice. experts@growmoneycalculator.com