PM Modi’s net worth has seen an increase this year as compared to last year, according to the latest data on PM’s website. Prime Minister Modi’s net worth has jumped to ₹3,07,68,885 (3.07 crore) as per his latest declaration from ₹2.85 crore last year. His net worth has increased by ₹22 lakh in the last one year.
PM Modi’s bank balance
The 71-year-old prime minister has a bank balance of ₹1,52,480 and ₹36,900 of cash as of March 31. His rise in wealth is due to his fixed deposits in a Gandhinagar branch of the State Bank of India. His SBI Gandhinagar NSC branch’s fixed deposits (FD) amount to ₹1.83 crore as of March 31 this year as against ₹1.6 crore last year.
PM Modi investments in bonds/shares/mutual funds, other amount
PM Modi’s wealth has no stock market exposure neither mutual funds. Instead, he has invested in National Savings Certificate ( ₹8,93,251), life insurance policies ( ₹1,50,957), and L&T infrastructure bonds, which he bought in 2012 for ₹20,000.
PM Modi has no loans and a car
The prime minister has taken no loans and has no liability. He has no personal vehicle against his name.
PM Modi’s Investment in gold and property