Here’s how much gold Tirupati temple Trust has stored in banks

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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According to a recent white paper released by the authorities of what is often considered the richest temple in India, the combined value of all the gold deposited by the Tirumala Tirupati Devasthanam Trust has crossed a staggering 11,329 kilograms, a testament to the immense wealth associated with this place of worship.

A recent white paper revealed the annual statistics of the golden deposits made at various banks. The Temple Trust deposited over 4,000 kg of gold between 2019 and 2022.

The State Bank of India (SBI) and the Indian Overseas Bank (IOB) hold most of the gold deposited by the TTD Trust.

It is customary for the devotees of Sri Venkateswara Swamy temple to make offerings in gold and silver ornaments.

Offerings are made to the presiding deity at the sacred hill shrine by placing them in the Hundi adjacent to the sanctum sanctorum in the main temple.

Devotees on pilgrimage to the famous Vishnu temple in Tirupati, built in 300 AD in the Indian state of Andhra Pradesh, prefer to offer coins tightly packed in a piece of yellow cloth that is dried with turmeric paste. This tradition has been followed for decades together.

Between 30 million and 40 million people visit the temple in Chittoor district, about 134 kilometres from Chennai, every year.

The Tirumala Tirupati Devasthanams Trust, set up by the government through an Act in 1933, has been depositing the offerings in various banks.

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow