PM Modi Celebrates 75th Birthday: A Look at His Wealth and Salary
PM Modi's 75th Birthday Celebration
Today marks the 75th birthday of Prime Minister Narendra Modi, who turned 75 on September 17, 2025. In light of this occasion, let's explore his financial status and salary.
PM Modi's Financial Overview
According to the affidavit submitted to the Election Commission during the 2024 general elections, PM Modi reported a bank balance of ₹2.85 crore. For the fiscal year 2022-23, his annual salary was ₹23.56 lakh, which was later revised to ₹1.66 lakh per month during the oath-taking ceremony in 2024.
Details of PM Modi's Bank Balance
As of May 13, 2024, PM Modi had approximately ₹80,000 in his SBI savings account. Additionally, he had ₹52,920 in cash at home and an investment of ₹9.12 lakh in National Savings Certificates, including accrued interest. Furthermore, he holds a fixed deposit of ₹2.85 crore in SBI.
Other Assets of PM Modi
- No personal vehicle ownership.
- No ownership of agricultural land.
- No properties, whether inherited or otherwise.
- No disclosed investments in stocks or mutual funds.
- No corporate bond investments.
- No loans from banks or other financial institutions.
- Four gold rings valued at ₹2.67 lakh.
- Total movable assets amounting to ₹3.02 crore.
Growth of PM Modi's Wealth Over 18 Years
Over the past 18 years, PM Modi's wealth has seen minimal growth. In 2007, his total assets were ₹42.56 lakh, which increased to ₹1.33 crore in 2012. By 2014, his assets were valued at ₹1.26 crore, rising to ₹2.00 crore in 2017, and reaching ₹3.02 crore in 2024.
Cash Holdings of PM Modi
Many wonder how much cash PM Modi possesses. Currently, he has only ₹52,920 in cash and no real estate or land holdings. Additionally, he has no outstanding loans or debts. His income tax returns reveal the following income details:
- In 2018-2019, his income was ₹11.14 lakh.
- In 2019-2020, it increased to ₹17.20 lakh.
- In 2020-2021, his income was recorded at ₹17.07 lakh.
- In 2021-2022, it decreased to ₹15.41 lakh.
- In 2022-2023, his income rose again to ₹23.56 lakh.