The Plan

Loan or provident fund? The better option to buy a home

We explore whether Vivek should use his EPF accumulation to buy a house

Loan or provident fund? The better option to buy a home

Vivek, 43, recently bought a house worth Rs 70 lakh, for which he made a downpayment of Rs 18 lakh. He is now faced with a dilemma: Should he use his investments, EPF (Employees' Provident Fund) accumulation or take a home loan to fund the remaining Rs 52 lakh?

This article was originally published on April 15, 2024.

This story is not available as it is from the Mutual Fund Insight May 2024 issue

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