New Delhi, Oct. 29 -- An unexpected medical bill, job loss or unforeseen household expense can put immense pressure on an individual's financial well-being. If you need funds quickly, taking out a new personal loan or borrowing against your Public Provident Fund (PPF) account may be a viable option. However, the eligibility conditions, approval process and repayment obligations differ significantly.

As of today, i.e., 29 October, the applicable PPF interest rate is 7.1% per annum for the current October-December 2026 quarter. Personal loan interest rates vary widely by lending institution, borrower's profile, credit score, recent defaults (if any), along with other factors. The current personal loan rates generally range from 8.90% to 14...