Ministry of Finance
The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 2nd January 2018. As per provisions of the Scheme, Electoral Bonds may be purchased by a person (as defined in item No. 2 (d) of Gazette Notification), who is a citizen of India or incorporated or established in India. A person being an individual can buy Electoral Bonds, either singly or jointly with other individuals. Only the Political Parties registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and which secured not less than one per cent of the votes polled in the last General Election to the House of the People or the Legislative Assembly of the State, shall be eligible to receive the Electoral Bonds. The Electoral Bonds shall be encashed by an eligible Political Party only through a Bank account with the Authorised Bank.
The State Bank of India (SBI), in the XV Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorised Branches (as per list enclosed) w.e.f. 01.01.2021 to 10.01.2021.
The Electoral Bonds shall be valid for fifteen (15) calendar days from the date of issue and no payment shall be made to any payee Political Party if the Electoral Bond is deposited after expiry of the validity period. The Electoral Bond deposited by an eligible Political Party in its account shall be credited on the same day.
ANNEXURE
Electoral Bond Scheme – 2018
29 Existing Authorized Branches
| Sl. No. | State/UT | Name of the Branch & Address | Branch Code No. |
|
|
Delhi | 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, Distt: Chandigarh State: Chandigarh, Pin : 160017 |
00628 |
|
|
Himachal Pradesh | Shimla Main Branch
Near Kali Bari Temple, The Mall, Shimla, District : Shimla State: Himachal Pradesh, Pin : 171003 |
00718 |
|
|
Jammu and Kashmir | Badami Bagh (Srinagar) Branch
Badami Bagh Cantonment, Srinagar, Kashmir State: Jammu & Kashmir |
02295 |
|
|
Uttarakhand | Dehra Dun Main Branch
4, Convent Road, Dehradun Uttarakhand, District : Dehradun |
00630 |
|
|
Gujarat, Dadar & Nagar Haveli and Daman & Diu | Gandhinagar Branch, I Floor, Zonal Office Sector 10 B Gandhinagar |
Distt: Gandhinagar,
State : Gujarat Pin:382010.01355
Madhya Pradesh
Bhopal Main Branch T.T.Nagar,Bhopal-462003, Bhopal, Madhya Pradesh,
District : Bhopal,
State: Madhya Pradesh,
Pin : 462003
01308
Chhattisgarh
Raipur Main Branch
P.B.NO.29/61,
JaistambhChowk, Raipur,
District : Raipur
State : Chhatisgarh Pin: 492001
00461
Rajasthan
Jaipur Main Branch
P.B.No.72, Sanganeri Gate
Jaipur, Rajasthan District: Jaipur, State: Rajasthan.
Pin : 302003
00656
Maharashtra
Mumbai Main Branch
Mumbai SamacharMarg
Horniman Circle, Fort, Mumbai, Maharashtra Pin: 400001
00300
Goa,
Lakshadweep
Panaji Branch
Opp : Hotel Mandovi, Dayanand,
DayanandBandodkarMarg,
Panaji, Goa.
District : North Goa,
State : Goa, Pin: 403001
00509
Uttar Pradesh
Lucknow Main Branch
TarawaliKothi, MotimahalMarg, Hazratganj, Lucknow, Uttar Pradesh
District :Lucknow,
State: Uttar Pradesh
Pin : 226001
00125
Odisha
Bhubaneswar Main Branch
P.B.NO.14, Bhubaneswar
Bhubaneswar
District : Khurda
State: Odisha, Pin : 751001
00041
West Bengal and Andaman & Nicobar
Kolkata Main Branch
SamriddhiBhawan
1, Strand Road, Kolkata, West Bengal, District :Kolkata.
State: West Bengal. 3
Pin : 700001
00001
Bihar
Patna Main Branch
West Gandhi Maidhan, Patna,
Bihar. Pin: 800001
00152
Jharkhand
Ranchi Branch
Court Compound,
Jharkhand, District : Ranchi,
State: Jharkhand, Pin : 834001
00167
Sikkim
Gangtok Branch
M G Marg, Gangtok SIKKIM
Dist: East Sikkim
State : Sikkim Pin : 737101
00232
Arunachal Pradesh
Itanagar Branch
TT Marg,VIP Road Bank Tinali, Itanagar, Arunachal Pradesh
District : Papumpare
State : Arunachal Pradesh
Pin : 791111
06091
Nagaland
Kohima Branch
Near deputy commissioner’s office
Kohima
Nagaland Pin: 797001
00214
Assam
Guwahati Branch
Pan Bazar, MG Road,
Kamrup, Guwahati, Pin: 781001
00078
Manipur
Imphal Branch
M G Avenue, Imphal west
Manipur
Pin: 795001
00092
Meghalaya
Shilong Branch
MG Road, Near General PO
Shillong, District: Khasi Hills (E),
Meghalaya, Pin: 793001
00181
Mizoram
Aizawl Branch
Solomns cave
District: Aizawl, Mizoram
Pin: 796001
01539
Tripura
Agartala Branch
Hari Ganga Basak road,
Agartala
District: Tripura (W), Tripura
Pin: 799001
00002
Andhra Pradesh
Visakhapatnam Branch
Rednam Gardens, Jail Road, Junction, Opp. Pages/Vodaphone Off, Visakhapatnam,
District: Visakhapatnam
State : Andhra Pradesh
Pin : 530002
00952
Telangana
Hyderabad Main Branch
Bank Street, Koti, Hyderabad.
District : Hyderabad
State: Telangana
Pin : 500095
00847
Tamil Nadu and Puducherry
Chennai Main Branch
336/166, Thambuchetty 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
P.B.No.14, M.G.Road, Thiruvananthapuram,
District : Thiruvananthapuram,
State: Kerala, Pin: 695001
00941