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Home > News > India News > Article > Shirdi Temple gets Rs 14 lakh in coins a week dont know what to do

Shirdi Temple gets Rs 14 lakh in coins a week, don't know what to do?

Updated on: 19 June,2019 10:42 AM IST  |  Maharashtra
mid-day online correspondent |

The Sai Baba Temple in Shirdi receives Rs 14 lakh as donations in coins every week and this is a huge problem for the temple trust as the banks are refusing to deposit them due to lack of space

Shirdi Temple gets Rs 14 lakh in coins a week, don't know what to do?

Representational image

The Sai Baba Temple in Shirdi in Maharashtra is considered one of the richest temples in the country and the abundance of donations have now become a problem for the temple trust. According to the temple trust, the temple receives Rs 14 lakh every week in coins and they are clueless about what to do with it since banks are refusing to accept them due to lack of space.


Shirdi is one of the important pilgrimage sites in Maharashtra dedicated to spiritual leader Sai Baba. Devotees from all over India and the globe visit this temple throughout the year, with many dropping coins in the donation boxes at the temple. Deepak Muglikar, CEO of the Shri Saibaba Sansthani Trust stated, "We count our donations twice a week and we receive around 2 crore each time. Around Rs 7 lakh each time is in the form of coins and banks have refused to accept this entire amount." Mr. Muglikar also added that the trust has even offered to provide banks with space to store the coin.


Also Read: Mangalsutra, bangles, nails removed from woman's stomach in Shirdi


According to NDTV, the temple trust has accounts in eight different banks and all of these banks have cited lack of space for refusing coins as deposits hence the trust is now appealing to the Reserve Bank of India (RBI) to come up with a solution to the problem. Sources have stated that coins worth Rs. 1.5 crore are lying in the form of deposits in banks which were collected from the temple trust.

Also Read: Saibaba temple gets Rs 14.54 crore donation in 11 days

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