Mamata Banerjee's Financial Profile: A Look at Her Net Worth

West Bengal Chief Minister Mamata Banerjee has once again brought attention to her modest financial profile, declaring total assets of Rs 15.4 lakh. Despite a long political career, she claims no ownership of real estate or vehicles, ranking among the least wealthy chief ministers in India. Her annual income for 2024-25 is reported at Rs 23,21,570, reflecting fluctuations over the years. This article delves into her financial disclosures, including bank deposits and cash holdings, while highlighting her political journey and influence in West Bengal.

By Narendra Chaudhary May 3, 2026, 17:36 IST

Mamata Banerjee's Net Worth Overview

Mamata Banerjee's Financial Standing: The Chief Minister of West Bengal, Mamata Banerjee, has once again highlighted her modest financial status. Known for her unpretentious lifestyle, she has reported total assets amounting to Rs 15.4 lakh in her election affidavit. Despite her extensive political career, Banerjee claims she does not possess any real estate, vehicles, or significant assets. Her financial declarations consistently rank her among the least affluent chief ministers in India.

According to her affidavit, Banerjee's movable assets are valued at Rs 15,37,509.71, with a significant portion held in bank deposits. She has Rs 12,36,209.71 in a savings account at Indian Bank, along with Rs 40,000 in a separate account designated for election expenses. Her total bank balance is Rs 12,76,209. Additionally, she has Rs 75,700 in cash and gold jewelry weighing 9 grams and 750 milligrams, estimated to be worth around Rs 1,45,000. The affidavit also notes a Tax Deducted at Source (TDS) refund of Rs 40,600 for the financial year 2025–26.

Importantly, Banerjee has reported no ownership of agricultural or non-agricultural land, residential properties, or personal vehicles. Her annual income for the financial year 2024–25 is recorded at Rs 23,21,570, an increase from Rs 20,72,740 in 2023–24. Her income peaked in 2021–22 at Rs 38,14,410, indicating fluctuations over the years. Most of her earnings stem from her official position and other allowable sources, maintaining a relatively humble profile compared to many of her political counterparts.

Recognized as One of the Least Wealthy Chief Ministers

Banerjee has frequently been labeled as one of the poorest chief ministers in the nation. A report from the Association for Democratic Reforms during the 2021 elections indicated that she had the lowest net worth among 31 chief ministers, estimated at around Rs 15 lakh. Banerjee's political journey began in the 1970s with the Congress (I), and she later established the All India Trinamool Congress in 1998. Over the years, she has occupied several significant roles, including Union Minister positions, before taking office as the Chief Minister of West Bengal in 2011. Since then, she has led her party through numerous electoral successes, significantly influencing the state's political dynamics.