The Bharatiya Janata Party (BJP) has appointed young leader Nitin Nabin from Bihar as the party's National President. Nitin Nabeen assumed charge in New Delhi in the presence of PM Modi, senior leaders, and thousands of workers. Recognised as a senior BJP leader in Bihar, he is known for his close coordination with the central leadership and his focus on strengthening the organisation. Here is a look at the net worth and assets of Nitin Nabin, who has now ascended to the party's highest office.
Asset Declaration Details
According to the election affidavit submitted to the Election Commission, Nitin Nabin has declared assets worth Rs 3.08 crore. This includes movable assets worth Rs 1.60 crore and immovable assets worth Rs 1.47 crore, along with liabilities of approximately Rs 56.6 lakh.
Breakdown Of Wealth And Bank Deposits
According to the affidavit, the new BJP President's net worth is reported to be Rs 3 crore. He holds Rs 35,000 in cash, while his wife possesses Rs 25,000. Nitin Nabin has a total of three bank accounts: Rs 89,823 deposited in Bank of Baroda, Rs 6,71,992 in ICICI Bank, and Rs 11,86,946 in SBI. He holds multiple Fixed Deposits (FDs) in the State Bank of India, including two FDs of Rs 10 lakh each and two FDs of Rs 5 lakh each. Additionally, there are six bank FDs in his wife's name.
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Investments In SIPs And Insurance
Nitin Nabin has invested Rs 6,69,380 in mutual funds in his wife's name. Furthermore, he possesses four LIC insurance policies with a total annual premium exceeding Rs 3.5 lakh. Including his wife's policies, the total combined insurance premium amounts to Rs 5,94,300.
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Vehicles And Jewelry
The new BJP National President owns two vehicles: a Scorpio and an Innova Crysta. Regarding jewelry, he owns a gold chain and a ring. Including his wife's ornaments, the total value of their jewelry is estimated to be Rs 11,30,000.