Kolkata: Mamata Banerjee, one of India’s most prominent political leaders and often counted among the least wealthy Chief Ministers, has a relatively modest financial profile—based on her official affidavit submitted to the Election Commission of India during the 2021 West Bengal Assembly elections.
Net worth and total assets
According to her affidavit (March 10, 2021), Mamata Banerjee’s total movable assets were:
- ₹16.72 lakh (₹16,72,352.71)
- No immovable assets (no house, land, or commercial property)
She does not own:
- Any house
- Any car
- Any agricultural or non-agricultural land
Bank balance details
Her primary account is in Indian Bank, with the following details:
- Bank balance: ₹12,02,356.71
- Election expenses account: ₹1,51,000
- Total bank deposits: ₹13,53,356.71
- Cash in hand: ₹69,255
Income over the years
Her declared annual income (as per affidavit):
| Financial Year | Income (₹) |
| 2015–16 | 1,72,910 |
| 2016–17 | 9,18,300 |
| 2017–18 | 8,35,300 |
| 2018–19 | 20,71,010 |
| 2019–20 | 10,34,370 |
Her income saw a sharp rise in 2018–19, followed by a drop the next year.
Investment details
Mamata Banerjee has very limited investments:
- National Savings Certificate (NSC): ₹18,490
- No investment in:
- Shares
- Bonds
- Debentures
Other small financial details:
- BSNL security deposit: ₹500
- Royalty receivable: ₹930
- TDS refund (2019–20): ₹1,85,984
Jewellery and valuables
- Total jewellery: 9.75 grams
- Declared value: ₹43,837
(Note: Type of jewellery not specified)
Loans and liabilities
- No loans taken
- No outstanding liabilities
Key takeaway
Despite being a long-serving and powerful leader, Mamata Banerjee maintains a simple financial profile with:
- Low assets
- Minimal investments
- No real estate or luxury ownership
Her disclosures highlight a rare case in Indian politics where a top leader has limited personal wealth.
