Mamata Banerjee Net Worth: West Bengal Chief Minister Mamata Banerjee has recently, once again, drawn attention to her modest financial profile. The veteran political leader, known for her simple lifestyle, has declared total assets worth Rs 15.4 lakh in her election affidavit. Despite decades in politics, Banerjee has stated that she does not own a house, car, or any immovable property. Her financial disclosures continue to place her among the least wealthy chief ministers in India.
According to the affidavit, Banerjee’s total movable assets are valued at Rs 15,37,509.71. A major portion of this amount is held in bank deposits. She has Rs 12,36,209.71 in a savings account with Indian Bank, along with Rs 40,000 in a separate account maintained for election-related expenses. Her total bank balance stands at Rs 12,76,209.
In addition, she has Rs 75,700 in cash and owns gold jewellery weighing 9 grams and 750 milligrams, valued at approximately Rs 1,45,000. The affidavit also mentions a Tax Deducted at Source (TDS) refund of Rs 40,600 for the financial year 2025–26.
Notably, Banerjee has declared no ownership of agricultural or non-agricultural land, residential property, or private vehicles.
Banerjee’s annual income for the financial year 2024–25 is reported at Rs 23,21,570, showing an increase from Rs 20,72,740 in 2023–24. Her income peaked in 2021–22 at Rs 38,14,410, reflecting fluctuations over the years.
Her earnings primarily come from her official role and other permissible sources, maintaining a relatively modest profile compared to many political leaders.
Among The ‘Poorest’ Chief Ministers
Banerjee has often been described as one of the least wealthy chief ministers in the country. During the 2021 elections, a report by the Association for Democratic Reforms found her to have the lowest net worth among 31 chief ministers, at around Rs 15 lakh.
Banerjee began her political career in the 1970s with the Congress (I) and later founded the All India Trinamool Congress in 1998. Over the years, she has held several key positions, including Union Minister roles, before becoming Chief Minister of West Bengal in 2011. She has remained in office since then, leading her party through multiple electoral victories and shaping the state’s political landscape.
