Question

    What is the maximum deposit limit under the Senior

    Citizen Savings Scheme (SCSS)?
    A ₹40 lakh Correct Answer Incorrect Answer
    B ₹5 lakh Correct Answer Incorrect Answer
    C ₹10 lakh Correct Answer Incorrect Answer
    D ₹15 lakh Correct Answer Incorrect Answer
    E ₹30 lakh Correct Answer Incorrect Answer

    Solution

    As of 2023, the maximum deposit under the Senior Citizen Savings Scheme is ₹30 lakh, increased to ₹40 lakh in Budget 2023 for joint accounts.

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