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K.B.Ashok Naik

K.B.Ashok Naik

Bharatiya Janata Party Shimoga Rural

Declared net worth
₹9.87 Cr
Since last election
No prior
Pending cases
Not observed in this extraction version
Convictions
Not observed in this extraction version

Wealth & income over time

₹9.87 Cr
Election Constituency Result Assets Liabilities Net worth Income
Karnataka Vidhan Sabha Election-Apr-May-2023 Shimoga Rural lost ₹12.13 Cr ₹2.26 Cr ₹9.87 Cr ₹1.12 Cr

Latest affidavit

Total assets
₹12.13 Cr
Total liabilities
₹2.26 Cr
Net worth
₹9.87 Cr

Education

  • Graduate Professional, B.Ed, Kumudwathi Mahavidyalaya, Kuvempu University Shivamogga 1999

self, K.B.Ashok Naik

Business/Social service

Movable assets

  • Cash Cash ₹63,021.00
  • Deposits in Banks, FIs and NBFCs Bank of Baroda-SB A/Cs ₹2.11 L
  • Deposits in Banks, FIs and NBFCs Apex Bank-SB A/Cs ₹3.44 L
  • Deposits in Banks, FIs and NBFCs UBI-SB A/Cs ₹27,799.00
  • Deposits in Banks, FIs and NBFCs SBI, Bangalore-SB A/Cs ₹16,015.00
  • Deposits in Banks, FIs and NBFCs Union Bank- Election A/Cs ₹17,275.00
  • Deposits in Banks, FIs and NBFCs SBI-SB A/Cs ₹953.00
  • Bonds, Debentures and Shares Reliance Mutual Funds (Personal savings) ₹9,329.00
  • Personal Loans / Advances Given Saint Hathiram Memorial Education Trust ₹19.95 L
  • Personal Loans / Advances Given Babul Jain ₹2.00 L
  • Personal Loans / Advances Given Pruthviraj ₹2.00 L
  • Personal Loans / Advances Given Veerabhadrappa pujai ₹5.00 L
  • Personal Loans / Advances Given Sunil B Hegde ₹20.00 L
  • Personal Loans / Advances Given Karthi A ₹47.25 L
  • Personal Loans / Advances Given Heerra Naik B ₹24.25 L
  • Personal Loans / Advances Given Aparna Construction (Personal savings) ₹8.00 L
  • Motor Vehicles Hundai Asta 2014 KA 14 P 4059 ₹7.80 L
  • Motor Vehicles Toyota Innova 2010 KA 14 N 4059 ₹14.79 L
  • Motor Vehicles Honda Activa 2016 KA 14 EL 4509 ₹40,000.00
  • Motor Vehicles Toyota Fortuner (Personal savings and vehicle loan in part) ₹37.98 L
  • Jewellery, Bullion, etc. Old gold 605 gm ₹27.00 L
  • Jewellery, Bullion, etc. Silver 2kg (Personal savings) ₹90,000.00
  • Other Movable Assets Educare Inotech ₹12.00 L
  • Other Movable Assets Furniture ₹2.00 L
  • Other Movable Assets Solar and UPS ₹55,687.00
  • Other Movable Assets Lease rent receivable ₹4,000.00

Immovable assets

  • Agricultural Land (1) Kanchignal, Davangere Dist. Channagiri Tq, Sy. No. Ext. 58/6, Total Area 0.37 gun (2) Ujjanakunte, Sira Tq Sy. No. 49/4, Total Area 6 Acres ₹39.87 L
  • Agricultural Land (1) Sy. No. 10/4, Total Area 19215 Sqft, Purchase Date 2013-02-16, Purchase Cost 834169/- (2) Channamunbhapura, Total Area 1073.72 Sq mtrs, Purchase Date 2023-01-23, Purchase Cost 4561800/- ₹1.21 Cr
  • Residential Buildings (1) Own House at LBS Nagar, Savalanga road, Shimoga, CMC Khatha No.929/1472/49, 40*60 RCC House, Total Area 2400 Sqft, Purchase Date 2003-03-06, Purchase Cost 2658053/- (2) Appartment at Bangalore at cost (Personal savings and Housing loan), Total Area 2000 Sqft, Purchase Date 03.10.2019, Purchase Cost 14692827/- (3) Kanchignal, Davanagere Dist. Channagiri Tq Sy.No. 3 (Ancestor Resi.House), Total Area 3 Guntas, ₹2.47 Cr
  • Other Immovable Assets Sy No. 10/01 Chennambapura ₹82.95 L
  • Other Immovable Assets Total Area ₹82.95 L

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to Bank of Baroda ₹7.96 L
  • Loans from Banks / Financial Institutions Loans from Banks / FIs to Apex Bank ₹66.55 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Unsecured Loans: Eramma ₹2.00 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Mahaveer Auto Mobiles ₹5.00 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Pruthviraj ₹5.00 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Smt. Rathnakumari ₹45.31 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Hema Pavani ₹25.00 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Sharathswamy ₹10.00 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Current Liabilities: Girish HT ₹63,500.00
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Jnanasagara Mahavidyalaya ₹2.71 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Seva Naika ₹2.00 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Bheema reddy ₹4.91 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to BT Geetha ₹4.00 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Vinayaka Developers ₹14.67 L

Income (ITR)

  • 2021-22 ₹16.41 L
  • 2020-21 ₹15.37 L
  • 2019-20 ₹11.31 L
  • 2018-19 ₹13.56 L
  • 2017-18 ₹5.21 L

spouse

House wife/ Business

Movable assets

  • Cash Cash ₹1.73 L
  • Deposits in Banks, FIs and NBFCs Bank of Baroda ₹5.00
  • Deposits in Banks, FIs and NBFCs UBI ₹3.10 L
  • Deposits in Banks, FIs and NBFCs UBI ₹6,298.00
  • Personal Loans / Advances Given Pradeepkumar ₹1.00 L
  • Personal Loans / Advances Given KB Ashok ₹45.31 L
  • Personal Loans / Advances Given SHMET ₹8.00 L
  • Personal Loans / Advances Given Lease rent receivable ₹2,000.00
  • Personal Loans / Advances Given Rent receivable from SHMET ₹34,560.00
  • Jewellery, Bullion, etc. Old Gold-700 gm ₹29.00 L
  • Jewellery, Bullion, etc. Silver 1.5Kg ₹60,000.00
  • Other Movable Assets Vinayaka Developers, Firm ₹20.49 L
  • Other Movable Assets Tailoring ₹1.39 L
  • Other Movable Assets Scooty ₹35,000.00

Immovable assets

  • Agricultural Land Sy.No 10/03 Chennambapura (Gifted by brother) ₹82.95 L
  • Agricultural Land Total Area ₹47.53 L
  • Commercial Buildings Commercial Complex Savalanga road, Shimoga CMC. Khata No. 781/770/770 Site 40*70 ₹1.59 Cr

Liabilities

  • Loans from Banks / Financial Institutions Loans from Banks / FIs to Bank of Baroda ₹79,297.00
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Corp Bank-SCST Loan ₹85,000.00
  • Loans from other than Banks / FIs Loans due to Individual / Entity to HG Bheema Reddy ₹89,950.00
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Raju K L ₹7.50 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Kumar M K ₹8.10 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Eramma ₹10.00 L
  • Loans from other than Banks / FIs Loans due to Individual / Entity to Kusuma L ₹2.50 L

Income (ITR)

  • 2021-22 ₹13.09 L
  • 2020-21 ₹9.11 L
  • 2019-20 ₹12.95 L
  • 2018-19 ₹7.94 L
  • 2017-18 ₹7.12 L

Elections contested

Election Constituency Party Result Votes Share
Karnataka Vidhan Sabha Election-Apr-May-2023 Shimoga Rural Bharatiya Janata Party lost - -

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Compiled from public disclosures by the Election Commission of India and MyNeta.