Tirupati Temple: World’s Richest Temple with ₹1161 Crore FD and ₹18,817 Crore Bank Balance; 11 Tons of Gold

The Tirumala Tirupati Devasthanams (TTD) has made headlines once again, marking a milestone by depositing a staggering ₹1161 crore in Fixed Deposits this year, the highest in the last 12 years. 

Regarded as the wealthiest temple trust globally, the TTD has consistently accumulated ₹500 crore or more annually, as per reports. From 2012 to 2024, the trust’s fixed deposits have witnessed a substantial increase, soaring from ₹4820 crore to ₹8467 crore. 

No other temple trust in the country comes close to this feat. Currently, the total fixed deposits of the trust stand at ₹13,287 crore in various banks.

Moreover, the temple trust oversees numerous subsidiary trusts, including the Sri Venkateswara Nithya Annadanam Trust, Sri Venkateswara Pranadanam Trust, and others, collectively managing approximately ₹5529 crore in fixed deposits. 

This remarkable financial prowess underscores the significant role played by the TTD in both religious and philanthropic spheres.

Tirupati Trust’s Historic Financial Milestone: Ballooning Bank Balances

With an unprecedented surge, the Tirupati Trust’s coffers have swelled to ₹18,817 crore, a historic milestone in its financial journey. This colossal sum now stands across various banks and trusts, marking the largest accumulation of funds in history. 

The trust earns an estimated annual interest of ₹1,600 crore on its fixed deposits alone. In addition to this, recent reports indicate that after depositing 1,031 kilograms of gold, the temple’s gold reserves in banks have escalated to 11,329 kilograms, showcasing the remarkable expansion of the temple’s assets.

Tirupati Trust’s Fixed Deposits: A Decade of Growth and Fluctuations

The fixed deposits of the Tirupati Trust have witnessed a significant escalation over the past decade. In 2012, the trust’s FD stood at ₹4820 crore. Since then, the deposits have been steadily increasing. In 2013, it rose to ₹608 crore, followed by ₹970 crore in 2014, ₹961 crore in 2015, and ₹1153 crore in 2016. 

However, there were fluctuations in subsequent years, with FDs amounting to ₹774 crore in 2017 and ₹501 crore in 2018. Notably, during the last 12 years, there was a reduction in FD amounts for the first time amidst the COVID-19 pandemic.

In 2019, it dipped to ₹285 crore, followed by ₹753 crore in 2020, ₹270 crore in 2021, and ₹274 crore in 2022. In the past year, the trust initiated FDs worth ₹757 crore. These fluctuations highlight the dynamic nature of the trust’s financial management amidst changing economic circumstances and global challenges.