The Electoral Bond Scheme, 2018: Sale of Electoral Bonds at authorized branches of SBI

New Delhi: The Government of India has notified the Electoral Bond Scheme, 2018 by Gazette Notification No. 20 dated January 2, 2018. As per the provisions of the scheme, electoral bonds can be purchased by any person (as defined in item no. 2 (d) of the Gazette notification), who is a citizen of India or incorporated or established in India. A person can buy electoral bonds either individually or jointly with other individuals.

The political parties registered under Section 29 (a) of the Representation of the People Act, 1951 (43 of 1951), has got at least one percent of the vote in the last general election of Lok Sabha or in the election to the state assembly, are electoral Will be eligible to receive the bond. The encashment of the bond will take place only through a bank account in a bank authorized by the eligible political party.

State Bank of India (SBI) has been authorized to issue and redeem its 29 authorized branches (as per the enclosed list) of electoral bonds from 01.01.2021 to 10.01.2021, the 15th phase of the sale.

Electoral Bonds shall be valid for fifteen calendar days from the date of their issue and if the bond is deposited after the expiry of the valid period, no payment will be made to any paying political party. Bonds credited to an account by an eligible political party will be credited on the same day.

Electoral Bond Scheme, 2018

Authorized Branches of State Bank of India

Delhi

New Delhi Main Branch,

11, Parliament Street, New Delhi – 110001

00691

Haryana, Punjab and Chandigarh

Chandigarh Main Branch,

SCO 43-48, Banking Square,

Sector-17B, Chandigarh,

District: Chandigarh Chandigarh, Pin: 160017

00628

Himachal

Region

Shimla Main Branch

Near Kali Bari Mandir, Mall, Shimla

Himachal Pradesh, District: Shimla

State: Himachal Pradesh, Pin: 171003

00718

Jammu and

Kashmir

Badami Bagh (Srinagar) Branch

Badami Bagh, Cantonment, Srinagar, Kashmir

District: Srinagar, Jammu and Kashmir

District: Budgam, Jammu and Kashmir, Pin: 190001

02295

Uttarakhand

Dehradun main branch

4, Convent Road, Dehradun

Uttarakhand, District: Dehradun, Uttarakhand Pin: 248001

00630

Gujarat, Dadra and Nagar Haveli

And Daman and Diu

Gandhinagar Branch, 1st Floor,

Regional Office, Sector 10 B Gandhinagar

District: Gandhinagar, Gujarat

Pin: 382010.

01355

The middle

Region

Bhopal Main Branch,

TT Nagar, Bhopal-462003, Bhopal,

Madhya Pradesh, District: Bhopal,

State: Madhya Pradesh. Pin: 462003

01308

Chhattisgarh

Raipur Main Branch

Post Box No.29 / 61,

Jai Stambh Chowk, Raipur,

District: Raipur, State: Chhattisgarh

Pin: 492001

00461

Rajasthan

Jaipur Main Branch, Post Box No.72,

Sanganeri Gate, Jaipur, Rajasthan

District: Jaipur, Rajasthan. Pin: 302003

00656

Maharashtra

Mumbai Main Branch, Mumbai News Route

Horniman Circle, Fort, Mumbai,

Maharashtra Pin: 400001

00300

Goa, Lakshadweep

Panaji Branch

Front: Hotel Mandovi, Dayanand,

Dayanand Bandodkar Marg,

Panaji, Goa., District: North Goa, State: Goa,

Pin: 403001

00509

Uttar Pradesh

Lucknow Main Branch,

Tarawali Kothi, Moti Mahal Marg,

Hazratganj, Lucknow, Uttar Pradesh

District: Lucknow, Uttar Pradesh, Pin: 226001

00125

Odisha

Bhubaneswar Main Branch

Post Box No.14, Bhubaneshwar

Bhubaneswar, Odisha. District: Khurda

State: Odisha, Pin: 751001

00041

West Bengal and Andaman and

Nicobar

Kolkata Main Branch,

Samriddhi bhawan

1, Strand Road, Kolkata, West Bengal,

District: Kolkata. State: West Bengal.

Pin: 700001

00001

Bihar

Patna Main Branch

West Gandhi Maidan, Patna, Bihar.

Pin: 800001

00152

Jharkhand

Ranchi branch

Court Compound, Ranchi

Jharkhand, District: Ranchi,

State: Jharkhand, Pin: 834001

00167

Sikkim

Gangtok branch

MG Marg, Gangtok Sikkim

District: East Sikkim, State: Sikkim Pin: 737101

00232

Arunachal

Region

Itanagar Branch

TT Marg, VIP Road Bank Tinali, Itanagar,

Arunachal Pradesh, District: Papampare

State: Arunachal Pradesh Pin: 791111

06091

Nagaland

Kohima Branch

Near the office of deputy commissioner

Kohima, Nagaland, Pin: 797001

00214

Assam

Guwahati Branch,

Pan Bazaar,

MG Road, Kamrup, Guwahati. Pin: 781001

00078

Manipur

Imphal branch

Mg avenue

Imphal West, Manipur, Pin: 795001

00092

Meghalaya

Shillong Branch

MG Road, Near General Post Office

Shillong, District: Khasi Hills (East), Meghalaya

Pin: 793001

00181

Mizoram

Aizawl branch

Solomons Cave, District: Aizawl

Mizoram, Pin: 796001

01539

Tripura

Agartala Branch

Hari Ganga Basak Road,

Agartala, District: Tripura (West), Tripura

Pin: 799001

00002

Andhra

Region

Visakhapatnam Branch

Rednam Garden, Jail Road, Junction,

Front. Pages / Vodafone Office,

Visakhapatnam, District: Visakhapatnam

Visakhapatnam, Andhra Pradesh, pinc: 530002

00952

Telangana

Hyderabad Main Branch

Bank Street, Koti, Hyderabad.

District: Hyderabad, Telangana. Pin: 500095

00847

Tamil Nadu and Puducherry

Chennai Main Branch

336/166, Thambuchetti Street, Parrys,

Chennai., State: Tamil Nadu Pin: 600001

00800

Karnataka

Bengaluru Main Branch,

Post Bag No. 5310,

St. Marks Road, Bangalore, District: Bangalore Urban,

State: Karnataka, Pin: 560001

00813

Kerala

Thiruvananthapuram branch

Post Box No. 14, MG Road,

Thiruvananthapuram,

District: Trivandrum, State: Kerala, Pin: 695001

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