Lok Sabha Question No. 152 (UNSTARRED), answered on 2025-02-03
Subject: DEMAT Accounts in West Bengal
Ministry: FINANCE
Asked by: Shri Saumitra Khan

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO. 152 ANSWERED ON MONDAY, FEBRUARY 3, 2025/MAGHA 14, 1946 (SAKA)

## DEMAT ACCOUNTS IN WEST BENGAL

## 152. SHRI SAUMITRA KHAN:

Will the Minister of FINANCE be pleased to state:

- a) the  total  number  of  DEMAT  accounts  and  active  DEMAT  accounts  in  West  Bengal, district wise;
- b) the Assets Under Management (AUM) of mutual funds in West Bengal during the last ten years, year-wise;
- c) the number of LIC policyholders in West Bengal along with the total amount insured, district-wise; and
- d) the total amount of fixed deposits held by residents of West Bengal, district-wise?

## ANSWER MINISTER OF STATE FOR FINANCE

## (SHRI PANKAJ CHAUDHARY)

- a): As of 22 nd  January 2025, the total number of DEMAT accounts and active DEMAT accounts in West Bengal is 1,12,13,769 and 50,50,006 respectively. The district-wise details are placed in Annexure A.
- b): As of 31 st  March 2024, the assets under funds management (AUM) of mutual funds in West Bengal is Rs. 2,81,075.43 crore. The year-wise details are placed in Annexure B.
- c): As of 30 th September 2024, the number of LIC policies in West Bengal is 2,78,23,117 and the total amount insured is Rs. 6,82,978.3 crore. The district-wise details are placed in Annexure C.
- d): As of September 2024, the amount in total deposits and term deposits held by residents of West Bengal is Rs. 7,85,869 crore and Rs. 4,67,141 crore respectively. The district-wise details are placed in Annexure D.

***

## DEMAT Accounts in West Bengal

The total number of DEMAT Accounts and active DEMAT accounts in West Bengal, districtwise as of 22 January 2025 are as under: -

| S. No.   | District          | No. of Demat Accounts   | No. of Active demat Accounts   |
|----------|-------------------|-------------------------|--------------------------------|
| 1        | Alipurduar        | 3,108                   | 1,200                          |
| 2        | Bankura           | 3,30,613                | 1,66,580                       |
| 3        | Birbhum           | 2,34,472                | 1,13,463                       |
| 4        | Cooch Behar       | 2,23,188                | 1,00,834                       |
| 5        | Dakshin Dinajpur  | 1,06,494                | 50,080                         |
| 6        | Uttar Dinajpur    | 1,82,934                | 93,781                         |
| 7        | Darjeeling        | 2,45,105                | 1,12,632                       |
| 8        | Hooghly           | 8,05,141                | 3,68,548                       |
| 9        | Howrah            | 7,62,586                | 3,44,260                       |
| 10       | Jalpaiguri        | 3,09,340                | 1,54,085                       |
| 11       | Jhargram          | 9,091                   | 2,854                          |
| 12       | Kalimpong         | 2,669                   | 732                            |
| 13       | Kolkata           | 20,25,372               | 7,65,532                       |
| 14       | Malda             | 3,36,664                | 1,54,323                       |
| 15       | Murshidabad       | 4,39,868                | 2,15,720                       |
| 16       | Nadia             | 5,67,722                | 2,70,224                       |
| 17       | North 24 Parganas | 14,85,086               | 6,88,571                       |
| 18       | South 24 Parganas | 9,10,574                | 4,10,320                       |
| 19       | Paschim Bardhaman | 1,15,083                | 36,584                         |
| 20       | Purba Bardhaman   | 8,34,668                | 3,98,408                       |
| 21       | Paschim Medinipur | 5,19,096                | 2,44,503                       |
| 22       | Purba Medinipur   | 5,29,962                | 2,53,219                       |
| 23       | Purulia           | 2,34,933                | 1,03,553                       |
|          | Total             | 1,12,13,769             | 50,50,006                      |

## Assets under fund Management in West Bengal

The assets under funds management (AUM) of mutual funds in West Bengal over the past ten years are as under: -

|   S. No. | Year       | AUM(In Rs. Crores)   |
|----------|------------|----------------------|
|        1 | 31-03-2024 | 2,81,075.43          |
|        2 | 31-03-2023 | 2,06,935.58          |
|        3 | 31-03-2022 | 1,96,262.33          |
|        4 | 31-03-2021 | 1,56,515.89          |
|        5 | 31-03-2020 | 1,22,855.52          |
|        6 | 31-03-2019 | 1,26,997.09          |
|        7 | 31-03-2018 | 1,11,435.36          |
|        8 | 31-03-2017 | 88,511.15            |
|        9 | 31-03-2016 | 60,670.59            |
|       10 | 31-03-2015 | 53,406.61            |

## ANNEXURE B

## LIC Policy Holders in West Bengal

The  number  of  LIC  policyholders  in  West  Bengal  and  the  total  amount  insured  as  of  30 September 2024, district-wise are as under: -

| S. No.   | District                 | No. Of Policies   | No. of Lives   |   Sum Assured (Rs. Crore) |
|----------|--------------------------|-------------------|----------------|---------------------------|
| 1        | Alipurduar               | 3,07,765          | 2,23,935       |                    5778.2 |
| 2        | Bankura                  | 9,48,449          | 7,61,226       |                   35407.5 |
| 3        | Birbhum                  | 8,56,945          | 6,95,335       |                   13003.9 |
| 4        | Dakshin Dinajpur         | 2,52,362          | 2,03,184       |                    4184.9 |
| 5        | Darjeeling And Kalimpong | 6,68,942          | 5,11,222       |                   16883.6 |
| 6        | Howrah                   | 16,60,032         | 12,25,311      |                   29404.7 |
| 7        | Hooghly                  | 21,85,984         | 15,88,723      |                   39926.1 |
| 8        | Jalpaiguri               | 7,08,479          | 5,79,894       |                   12827.7 |
| 9        | Jhargram                 | 2,53,952          | 2,07,085       |                   35260.6 |
| 10       | Cooch Behar              | 5,47,853          | 4,35,370       |                    9296.6 |
| 11       | Kolkata                  | 47,67,178         | 33,21,289      |                  143509   |
| 12       | Malda                    | 5,26,631          | 4,37,087       |                    9302.2 |
| 13       | Murshidabad              | 9,23,894          | 7,64,496       |                   13988.4 |
| 14       | Nadia                    | 11,97,659         | 9,52,392       |                   19564.1 |
| 15       | North 24 Parganas        | 32,75,079         | 24,53,804      |                   59952.1 |
| 16       | Paschim Bardhaman        | 14,68,528         | 10,69,675      |                   29484.2 |
| 17       | Paschim Medinipur        | 11,19,170         | 8,86,660       |                   19060.2 |
| 18       | Purba Bardhaman          | 14,69,063         | 11,71,141      |                   23190.7 |
| 19       | Purba Medinipur          | 23,94,006         | 18,98,907      |                  102423   |
| 20       | Purulia                  | 5,76,733          | 4,50,914       |                   30407.4 |
| 21       | South 24 Parganas        | 13,00,167         | 10,25,252      |                   22921.1 |
| 22       | Uttar Dinajpur           | 4,14,246          | 3,38,743       |                    7202.1 |
|          | Total                    | 2,78,23,117       | 2,12,01,645    |                  682978   |

## Total deposits in West Bengal

The amount in total deposits and term deposits* held by residents of West Bengal district-wise as of September 2024 is as under: -

| S. No.   | District          | Term Amount (Rs. Crore)   | Total Deposits (Rs. Crore)   |
|----------|-------------------|---------------------------|------------------------------|
| 1        | Alipurduar        | 2,027                     | 5,252                        |
| 2        | Bankura           | 9,422                     | 17,040                       |
| 3        | Birbhum           | 8,853                     | 16,492                       |
| 4        | Dakshin Dinajpur  | 1,958                     | 4,090                        |
| 5        | Darjiling         | 9,807                     | 19,893                       |
| 6        | Haora             | 26,004                    | 43,840                       |
| 7        | Hugli             | 31,030                    | 51,250                       |
| 8        | Jalpaiguri        | 5,243                     | 11,056                       |
| 9        | Jhargram          | 1,891                     | 4,269                        |
| 10       | Kalimpong         | 633                       | 1,600                        |
| 11       | Koch Bihar        | 4,089                     | 8,614                        |
| 12       | Kolkata           | 1,56,282                  | 2,35,743                     |
| 13       | Maldah            | 5,143                     | 11,631                       |
| 14       | Murshidabad       | 9,217                     | 20,177                       |
| 15       | Nadia             | 13,929                    | 26,691                       |
| 16       | North 24 Parganas | 83,726                    | 1,32,351                     |
| 17       | Paschim Bardhaman | 28,533                    | 44,043                       |
| 18       | Paschim Medinipur | 13,164                    | 25,134                       |
| 19       | Purba Bardhaman   | 15,289                    | 26,400                       |
| 20       | Purba Medinipur   | 10,488                    | 21,681                       |
| 21       | Puruliya          | 6,028                     | 12,099                       |
| 22       | South 24 Parganas | 21,464                    | 39,538                       |
| 23       | Uttar Dinajpur    | 2,921                     | 6,985                        |
|          | Total             | 4,67,141                  | 7,85,869                     |

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