PM Modi has only Rs.4,700 in hand & no bank account in Delhi

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According to the latest details of his assets disclosed by the Prime Minister’s Office, Modi had total ‘cash in hand’ of just Rs 4,700 at the end of the last fiscal, down from Rs 38,700 disclosed mid-fiscal as on August 18, 2014.Modi’s movable and immovable assets during this period has grown from Rs 1,26,12,288 to Rs 1,41,14,893 as on March 31, 2015. Modi assumed office as Prime Minister on May 26, 2014.As per the disclosure, Modi does not own any ‘motor vehicles/aircraft/yachts/ships’, while he still retains his bank accounts in Gujarat. He has no bank account in Delhi.

 

Modi’s investments include L&T Infra Bonds (Tax Saving) worth Rs 20,000, as also National Savings Certificates worth about Rs 5.45 lakh and life insurance policies worth Rs 1.99 lakh, taking the total value of his movable assets to Rs 41.15 lakh.The immovable assets include one-fourth part in a residential property in Gandhinagar and his share is 3,531.45 square feet with a built-up area of 169.81 square feet.The “approximate current market value” of the property has been disclosed as Rs 1 crore. Modi’s bank deposits include Rs 94,093 with SBI and Rs 30,347 with Rajkot Nagrik Sahkari Coop Bank Ltd. Besides, he had fixed deposits totalling Rs 30,72,017 with SBI.He has no agricultural land, nor any commercial real estate property.

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