Q. What is the maximum deposit limit for a Senior Citizens' Saving Scheme (SCSS) account?
Answer: INR 15 lakh
Notes: The Senior Citizens' Saving Scheme (SCSS) has a maximum deposit limit of INR 15 lakh, and it offers regular interest income to senior citizens.
Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.
📌 Question Number: 7 in Financial Planning – Tax, Retirement, Estate Planning in the above course in App.