West Bengal Chief Minister and Trinamool Congress (TMC) supremo Mamata Banerjee has officially filed her nomination papers for the Bhabanipur assembly constituency for the upcoming 2026 elections. The affidavit submitted to the Election Commission provides a comprehensive look into the financial standing of the three-time Chief Minister. According to the official documents, Banerjee’s total assets have seen a decline over the past five years, while known for her simple lifestyle, the Chief Minister continues to report no ownership of any immovable property or personal vehicles.
Detailed Breakdown of Movable Assets
71.72 lakh declared during the 2021 assembly elections. The decline in the total valuation of her assets indicates a lack of significant financial growth in her personal portfolio over the last five years. Her wealth is primarily concentrated in bank deposits and a small quantity of gold jewelry.
Cash Holdings and Bank Deposit Status
The financial disclosure reveals a slight increase in the Chief Minister's cash-on-hand. In 2021, she held ₹69,255 in cash, which has now risen to ₹75,700.7 lakh deposited across various branches. Also, a specific bank account opened for election-related expenses currently holds a balance of ₹40,000. Her primary sources of income remain the honorariums and allowances received in her official capacity.
Valuation of Gold and Personal Investments
In terms of jewelry, the affidavit states that Mamata Banerjee possesses 9 grams and 750 milligrams of gold. 45 lakh. Notably, the affidavit doesn't list any investments in the stock market, mutual funds, or other high-yield financial instruments. Her financial profile remains conservative, with most assets held in liquid form or traditional savings accounts.
Zero Immovable Property and Liabilities
A significant highlight of the affidavit is the complete absence of immovable property in the Chief Minister's name. She doesn't own any residential houses, commercial buildings, or agricultural land. She continues to reside in her ancestral home, which isn't registered under her ownership. On top of that, Banerjee doesn't own any private car or vehicle. The document also confirms that she has no outstanding loans or financial liabilities to any bank or institution, maintaining a debt-free status.
Educational Background and Legal Standing
Regarding her legal and educational credentials, Mamata Banerjee has declared that there are no criminal cases pending against her, consistent with her 2021 declaration. Her educational qualifications include a Master of Arts (MA) and a Bachelor of Laws (LLB) degree from the University of Calcutta. The Election Commission has made this affidavit public on its official website to ensure transparency regarding the candidate's background and financial disclosures ahead of the polling process.