Narendra Modi Net Worth 2025: How Much the Prime Minister Earns and Owns
Nidhi | Sep 18, 2025, 16:14 IST
Darrang, Sep 14 (ANI): Prime Minister Narendra Modi addresses the gathering duri...
( Image credit : ANI )
Highlight of the story: Prime Minister Narendra Modi’s net worth in 2025 is over ₹3 crore. He has no house, land, or car, and his wealth mainly comes from bank deposits, savings, and gold jewellery. This article details PM Modi’s salary, income, and financial profile as per his 2024 election affidavit.
<p>Darrang, Sep 14 (ANI): Prime Minister Narendra Modi addresses the gathering during the launch of various development projects, in Darrang on Sunday. (DPR PMO/ANI Photo)</p>
Every year, the financial details of political leaders in India attract attention, and Prime Minister Narendra Modi is no exception. Having served as the Chief Minister of Gujarat for over a decade and as the country’s Prime Minister since 2014, Modi has consistently declared his assets in election affidavits. His most recent disclosure, filed during the 2024 Lok Sabha elections, shows that his net worth is valued at ₹3.02 crore. What stands out is that unlike many leaders who own land, property, and cars, PM Modi’s wealth is concentrated mainly in bank deposits and savings, with no ownership of immovable property.
PM Modi’s annual income, declared in his records, has varied over the past five years:
2022–2023: ₹23,56,080
2021–2022: ₹15,41,870
2020–2021: ₹17,07,930
2019–2020: ₹17,20,760
2018–2019: ₹11,14,230
This income is derived largely from his salary as Prime Minister and interest earned on his deposits.
The 2024 affidavit gives a detailed breakdown of Narendra Modi’s wealth:
Bank Deposits: ₹2,86,40,642 in State Bank of India (SBI).
National Savings Scheme (NSS): More than ₹9 lakh.
Gold Jewellery: Four gold rings valued at ₹2,67,750 (as of 2024).
The Prime Minister does not own bonds, mutual funds, or stocks, and he has not taken any insurance policy with LIC or other companies.
A key feature of PM Modi’s financial profile is the absence of immovable property. He does not own any:
House or flat
Agricultural or commercial land
Car or vehicle
This distinguishes him from many politicians and businessmen, whose wealth is usually tied up in real estate.
Narendra Modi has no loans or debts, as per his latest declaration.
PM Modi’s earnings are primarily from his official salary package as Prime Minister, which includes:
Basic salary: ₹1.66 lakh per month
Parliamentary allowance: ₹45,000 per month
Expense allowance: ₹3,000 per month
Daily allowance: ₹2,000
Along with this, the interest generated from his savings and fixed deposits makes up the rest of his income.
Income Over the Years
Money
( Image credit : Freepik )
2022–2023: ₹23,56,080
2021–2022: ₹15,41,870
2020–2021: ₹17,07,930
2019–2020: ₹17,20,760
2018–2019: ₹11,14,230
This income is derived largely from his salary as Prime Minister and interest earned on his deposits.
Assets and Investments
Investment
( Image credit : Freepik )
Bank Deposits: ₹2,86,40,642 in State Bank of India (SBI).
National Savings Scheme (NSS): More than ₹9 lakh.
Gold Jewellery: Four gold rings valued at ₹2,67,750 (as of 2024).
The Prime Minister does not own bonds, mutual funds, or stocks, and he has not taken any insurance policy with LIC or other companies.
No Property or Vehicles
Property
( Image credit : Freepik )
House or flat
Agricultural or commercial land
Car or vehicle
This distinguishes him from many politicians and businessmen, whose wealth is usually tied up in real estate.
No Liabilities
Salary and Allowances
Basic salary: ₹1.66 lakh per month
Parliamentary allowance: ₹45,000 per month
Expense allowance: ₹3,000 per month
Daily allowance: ₹2,000
Along with this, the interest generated from his savings and fixed deposits makes up the rest of his income.