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Sale of Electoral Bonds at Authorized Branches of State Bank of India (SBI)
By PIB Delhi
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 Authorized Bank.
State Bank of India (SBI), in the XXI Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches (as per list enclosed below) w.e.f. 01.07.2022 to 10.07.2022.
The Electoral Bonds shall be valid for fifteen 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.
Electoral Bond Scheme – 2018 Existing Authorized Branches
Sl.No. State/UT Name of the Branch & Address Branch Code No. 1. Delhi Delhi Main Branch 11, Parliament Street, New Delhi – 110001 00691 2. Haryana, Punjab and Chandigarh Chandigarh Main Branch SCO 43-48, Banking Square,Sector-17B, Chandigarh, Distt: ChandigarhState: Chandigarh, Pin : 160017 00628 3. Himachal Pradesh Shimla Main BranchNear Kali Bari Temple, The Mall, Shimla, District : ShimlaState: Himachal Pradesh, Pin : 171003 00718 4. Jammu and Kashmir Badami Bagh (Srinagar) Branch Badami BaghCantonment, Srinagar, Kashmir Dist : Badgam,State: Jammu & Kashmir Pin : 190001 02295 5. Uttarakhand Dehra Dun Main Branch4, Convent Road, Dehradun Uttarakhand, District : Dehradun State: Uttarakhand Pin : 248001 00630 6. Gujarat, Dadar & Nagar Haveli and Daman & Diu Gandhinagar Branch, I Floor, Zonal Office Sector10 B Gandhinagar Distt: Gandhinagar,State : Gujarat Pin:382010. 01355 7. Madhya Pradesh Bhopal Main Branch T.T.Nagar,Bhopal-462003, Bhopal, Madhya Pradesh,District : Bhopal,State: Madhya Pradesh, Pin : 462003 01308 8. Chhattisgarh Raipur Main Branch P.B.NO.29/61,Jaistambh Chowk, Raipur, District : RaipurState : Chhatisgarh Pin: 492001 00461 9. Rajasthan Jaipur Main Branch P.B.No.72, Sanganeri GateJaipur, Rajasthan District: Jaipur, State: Rajasthan.Pin : 302003 00656 10. Maharashtra Mumbai Main Branch Mumbai Samachar MargHorniman Circle, Fort, Mumbai, Maharashtra Pin: 400001 00300 11. Goa, Lakshadweep Panaji BranchOpp : Hotel Mandovi, Dayanand, Dayanand Bandodkar Marg, Panaji, Goa.District : North Goa, State : Goa, Pin: 403001 00509 12. Uttar Pradesh Lucknow Main BranchTarawali Kothi, Motimahal Marg, Hazratganj, Lucknow, Uttar PradeshDistrict :Lucknow, State: Uttar PradeshPin : 226001 00125 13. Odisha Bhubaneswar Main Branch P.B.NO.14, Bhubaneswar BhubaneswarDistrict : KhurdaState: Odisha, Pin : 751001 00041 14. West Bengal and Andaman & Nicobar Kolkata Main Branch Samriddhi Bhawan1, Strand Road, Kolkata, West Bengal, District :Kolkata.State: West Bengal. 3 Pin : 700001 00001 15. Bihar Patna Main BranchWest Gandhi Maidhan, Patna, Bihar. Pin: 800001 00152 16. Jharkhand Ranchi Branch Court Compound,Jharkhand, District : Ranchi, State: Jharkhand, Pin : 834001 00167 17. Sikkim Gangtok BranchM G Marg, Gangtok SIKKIM Dist: East SikkimState : Sikkim Pin : 737101 00232 18. Arunachal Pradesh Itanagar BranchTT Marg,VIP Road Bank Tinali, Itanagar, Arunachal Pradesh District : PapumpareState : Arunachal Pradesh Pin : 791111 06091 19. Nagaland Kohima BranchNear deputy commissioner’s office KohimaNagaland Pin: 797001 00214 20. Assam Guwahati BranchPan Bazar, MG Road,Kamrup, Guwahati, Pin: 781001 00078 21. Manipur Imphal BranchM G Avenue, Imphal west ManipurPin: 795001 00092 22. Meghalaya Shilong BranchMG Road, Near General PO Shillong, District: Khasi Hills (E), Meghalaya, Pin: 793001 00181 23. Mizoram Aizawl Branch Solomns caveDistrict: Aizawl, Mizoram Pin: 796001 01539 24. Tripura Agartala BranchHari Ganga Basak road, AgartalaDistrict: Tripura (W), Tripura Pin: 799001 00002 25. Andhra Pradesh Visakhapatnam Branch Rednam Gardens, Jail Road,Junction, Opp. Pages/Vodaphone Off, Visakhapatnam,District: Visakhapatnam State : Andhra Pradesh Pin : 530002 00952 26. Telangana Hyderabad Main Branch Bank Street, Koti, Hyderabad. District : HyderabadState: Telangana Pin : 500095 00847 27. Tamil Nadu and Puducherry Chennai Main Branch 336/166, Thambuchetty Street, Parrys, Chennai.State: Tamil Nadu Pin : 600001 00800 28. Karnataka Bengaluru Main Branch Post Bag No.5310,St. Marks Road, Bangalore,District :Bangalore Urban, State: Karnataka, Pin : 560001 00813 29. Kerala Thiruvananthapuram Branch P.B.No.14, M.G.Road,Thiruvananthapuram,District : Thiruvananthapuram, State: Kerala, Pin: 695001 00941
