It is believed that he is 52 years of age currently and lives with his wife Ritu Banga. He is succeeded by two children – Jojo and Aditi Banga. He has a brother named Manvinder Singh Banga who is a recipient Padma Bhusan in 2010 for his contributions in trade and industry.
His nationality and ethnicity is Indian. Banga is a firm believer of diversity in the workplace.
His yearly salary or pay package was $12.57 million in 2012 and his net worth is estimated at $1.2 billion. He is currently in the Top 10 list of highest paid Indian American CEOs.