Bollywood actress Urmila Matondkar has disclosed her financial assets and liabilities in her election affidavit, providing insight into her wealth. Known for her role in the 2019 Lok Sabha elections representing Mumbai North, Urmila’s financial standing is impressive. Here’s a detailed look at her investments and net worth.
Financial Disclosures
In her election affidavit, Urmila reported an income of over ₹2.85 crore for the financial year 2017-18. Over the last five years, her income consistently exceeded ₹1 crore annually, showcasing her successful career in the film industry.
Assets and Investments
Urmila held approximately ₹2 lakh in cash and over ₹62 lakh in her Public Provident Fund (PPF) accounts. She also had savings totaling nearly ₹51 lakh across various banks, including HDFC, SBI, PMC, and Saraswat Co-operative Bank.
Her investments in shares, bonds, and mutual funds amounted to an impressive ₹34 crore. Additionally, she possessed insurance policies valued at ₹2 crore, further contributing to her financial portfolio.
Real Estate Holdings
As per her 2019 affidavit, Urmila owned multiple properties in Mumbai, including flats in Bandra, with a total market value of around ₹23.5 crore.
Vehicle and Jewelry Ownership
Urmila’s assets include three cars, such as a Mercedes and an I20, with a combined value exceeding ₹73 lakh. She also possesses gold and diamond jewelry worth approximately ₹50 lakh.
Liabilities and Overall Net Worth
Importantly, Urmila had no bank loans. With over ₹62 lakh in PPF and more than ₹51 lakh in bank accounts, her cash and bank deposits totaled over ₹1.13 crore. Her investments in shares, bonds, mutual funds, and PMS exceeded ₹34 crore, alongside real estate holdings worth over ₹23.5 crore and vehicles valued at more than ₹73 lakh. In 2019, her total net worth was estimated at around ₹60.5 crore.
This overview showcases Urmila Matondkar’s substantial financial standing, reflecting her successful career in the entertainment industry.
