PM Modi's Net Worth: No car, no bungalow—find out how much money PM Modi has..
PM Modi's Investments and Net Worth: Individuals holding one of the highest offices in any country could potentially amass immense wealth—or might already be very wealthy—though this does not hold true for every nation. Focusing on India, the public life of Prime Minister Narendra Modi—who is celebrating his 76th birthday—is hardly a secret. Beyond his global recognition for strong leadership, people are often curious about PM Modi's lifestyle, dietary habits, and financial status.
If you were unaware, you might be surprised to learn that the Prime Minister's net worth stands at just ₹4.01 crore. According to the Prime Minister's Office (PMO), his declared net worth is ₹4,01,60,999.
No Land, No Flat, Not Even a Car
When Prime Minister Narendra Modi filed his nomination papers for the Varanasi Lok Sabha constituency during the 2024 general elections, he disclosed details of his movable and immovable assets in his election affidavit. At that time, he declared total movable assets worth ₹3.02 crore, while his immovable assets were listed as nil.
The Prime Minister owns neither land nor a flat in his name; he does not even own a car. However, he does possess assets in the form of jewelry, such as gold.
Details of PM Modi's Investments
A significant portion of the Prime Minister's total wealth is held in secure government-backed schemes and instruments, such as Fixed Deposits (FDR) with the State Bank of India (SBI) and National Savings Certificates (NSC).
SBI Bank Deposits (FDR and MOD): ₹3,79,76,101 (at SBI's Gandhinagar NSC branch).
National Savings Certificates (NSC) via the Post Office: ₹10,24,724. Gold rings: ₹4,58,864 (4 gold rings weighing approximately 45 grams).
Cash in hand: ₹34,429.
Bank account balance: ₹3,562.
TDS deducted from salary and interest: ₹6,63,309.
A notable aspect of PM Modi's investment portfolio is that he holds no investments in the stock market.
No real estate holdings
A key feature of the Prime Minister's financial profile is that he does not own any immovable property.
No land or house: He does not own any agricultural land, commercial property, or residential flat/house in his name. No personal vehicle: No car or other personal vehicle is registered in his name.
He has no outstanding bank loans or liabilities. His primary sources of income are the salary received from the PMO and interest earned on bank fixed deposits (FDs).
Disclaimer: This content has been sourced and edited from Amar Ujala. While we modified it for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
