Ahmadabad : When we think of a Village the first thing that comes to our mind is muddy roads, agricultural laborers working on Fields, and clay houses. But do you know there is a Village in Asia which holds fixed deposits of worth ₹7,000 crore and it’s not in China or Korea it’s in our very own country India.
Madhapar may often get overshadowed by the other big cities, but it holds the name of richest village. It is on the outskirts of Bhuj, Gujrat. The 32,000-population village holds 65% of Non-Residents Indians (NRI’s) who deposits crores of Rupees in the local banks and post offices. Most of the village population is from the Patel community.
Despite its relatively small size, Madhapar has established an impressive financial standing, positioning itself at the forefront of wealth in Asia. The villagers’ substantial fixed deposits are not the result of unexpected gains but rather the outcome of years of prudent savings, astute investments, and a deep-seated culture of financial discipline.
Madhapar boasts 17 banks, including major names such as Axis Bank, HDFC Bank, ICICI Bank, and Union Bank, among others. Besides its strong banking sector, the village features well-developed amenities and services, including schools, parks, roads, and water facilities.
If you haven’t yet visited this affluent village, planning a trip could offer valuable financial insights. There’s much to learn from the villagers of Madhapur, whose smart financial practices have led them to be recognized as the wealthiest village in Asia.