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    If you’re an athlete and you want to make some extra cash, the Olympics are a great place to start. Just ask our very own Olympian gold medalist, Sushil Kumar. Sushil has been earning a pretty penny as an athlete endorser, and now he wants to help other athletes do the same. Sushil is launching a new company that will provide financial assistance to athletes who wish to pursue their sporting dreams in India. He is also offering coaching and training services, so that athletes can improve their performance and achieve their goals. This is a great opportunity for aspiring athletes in India, and we think Sushil Kumar is doing a terrific job of promoting it. Check out his website to learn more!

    What is the Prize Money for an Olympic Gold Medal?

    The Olympic Gold Medal Prize Money in India is Rs.25 lakhs. This is the minimum prize money that a gold medalist will receive in India. A silver medalist will receive Rs.10 lakhs and a bronze medalist will receive Rs.5 lakhs.

    The Value of an Olympic Gold Medal

    The prize money for the Olympic gold medalist varies from country to country, but on average it is quite high. In India, the gold medalist will earn Rs 25 lakh ($3.6 million) and the silver medalist will earn Rs 10 lakh ($1.6 million). This amount doesn’t include any other prizes or bonuses that may be given out, such as endorsement deals or appearing in advertisements.

    While this amount may not seem very high, it is worth a lot more than the average salary in India. For example, a person working full-time in India earns around Rs 20,000 per month ($300), so an Olympic gold medalist’s monthly income is around three times as much. Plus, the gold medalist will likely receive other benefits such as free accommodation and travel expenses during their stay in India after winning the gold medal.

    So while an Olympic gold medal may not be as prestigious as some people might think, it is still a valuable prize and can provide a lot of extra income for the recipient.

    Where can I redeem my Prize Money?

    Prize money from Olympic gold medalists can be redeemed in a variety of places, but the most popular option is to exchange it for foreign currency at a bank. Prize money from other international competitions can also be exchanged at banks and some stores.

    How Much Money Does an Olympic Gold Medal Winner Bring Home?

    An Olympic gold medalist can earn a fortune in India.According to The Economic Times, the average salary for an Olympic gold medalist is $1 million. In addition, the winner can receive bonuses and other rewards, such as endorsement deals and property investments.


    The Olympic Gold Medalist Prize Money in India is one of the most coveted prizes in any sport. The top athletes from around the world compete for this prestigious prize, and whoever wins it usually takes home a hefty sum of money. Olympians from all over the world come to India to chase this dream, and even those who don’t win can still make a lot of money by competing in major tournaments here. If you are looking to make some serious cash, heading over to India and taking on their sports scene is definitely a viable option!



    Here is the list of all Olympic gold medalist prize money in India:

    1. Mary Kom – Rs 15 crore

    Mary Kom is a five-time world boxing champion and Olympic bronze medalist. She received Rs 15 crore from the government. She is the first woman boxer to receive such an amount.

    Mary Kom’s talent was noticed at an early age when she won a gold medal in an inter-school tournament at age 12. Even though her father was against her boxing career, he helped her train secretly on his farm using old equipment so that no one would find out about their training sessions. At 17 years old, she joined India’s National Institute of Sports (NIS), Patiala where she trained under coach Charles Atkinson before moving on to Assam Sports Promotion Society (ASPS) where she was coached by Pradeep Kumar Bhaskaran who later became her husband!

    2. Vijender Singh – Rs 7 crore

    • Vijender Singh is an Indian professional boxer and former amateur boxer who has won several accolades in the sport including an Olympic bronze medal, a World Championship silver medal, and a Commonwealth Games gold medal.
    • His highest career earnings were Rs 7 crore that he made from his match with Kerry Hope in 2016 at York Hall in London where Vijender Singh defeated Kerry Hope by unanimous decision (UD) over 10 rounds to win WBO Asia Pacific Super Middleweight title.

    3. P V Sindhu – Rs 5 crore

    P V Sindhu was the first Indian woman to win an Olympic silver medal. She won the silver medal at the 2016 Rio Olympics, where she lost to Spain’s Carolina Marin in a close match that lasted for more than an hour.

    She was awarded Rs 5 crore by the government of India for her achievement, which is one of the highest amounts given to any sportsperson in India.

    4. Dipa Karmakar – Rs 4 crore

    Dipa Karmakar is a former Indian gymnast from Tripura, India. She is the first Indian woman to have qualified for the finals in gymnastics at the Olympics. In 2016, she became the first Indian female gymnast to win a medal at the Commonwealth Games when she won bronze in uneven bars event with score of 14.850 points and was awarded Rs 4 crore by central government after being awarded Padma Shri by President Pranab Mukherjee on 26 January 2017.

    5. Ayushman Khurana – Rs 3 crore

    • Ayushman Khurana
    • Aayushman Khurana is a field hockey player. He won the gold medal at the 2018 Asian Games and also won a bronze medal at the 2018 World Cup in Bhubaneswar. He is only Indian to win a gold medal at an Asian Games.

    Mr Khurana has been awarded Rs 3 crore as prize money by Sport Minister Rajyavardhan Singh Rathore on Thursday, who handed over cheques worth Rs 1 crore each and Rs 50 lakhs each to other players — Harmanpreet Kaur (women’s cricket), PV Sindhu (badminton) and Sakshi Malik (wrestling).


    The amount of prize money depends on whether the athlete wins a gold medal or a silver medal.

    The amount of prize money also depends on how many medals India wins during the Olympics.

    If you’re an athlete planning to win an Olympic gold medal, it’s important to understand that much of your success will depend on sponsorships and other commercial opportunities that arise from winning such an important event.

    We hope you enjoyed reading this article and learned a little more about India’s Olympic athletes. If you want to know more about them, check out their profiles on our website!

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