Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI)
Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI)
The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 2nd January 2018 (as amended vide Gazette Notification dated 7th November, 2022). 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 XXX Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorised Branches (as per list enclosed) w.e.f. 02.01.2024 to 11.01.2024.
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 29 Existing Authorised 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: Chandigarh
State: Chandigarh, Pin : 160017
00628
3.
Himachal Pradesh
Shimla Main Branch
Near Kali Bari Temple, The Mall, Shimla, District : Shimla
State: Himachal Pradesh,
Pin : 171003
00718
4.
Jammu and Kashmir
Badami Bagh (Srinagar) Branch Badami Bagh
Cantonment, Srinagar, Kashmir Dist : Badgam,
State: Jammu & Kashmir
Pin : 190001
02295
5.
Uttarakhand
Dehra Dun Main Branch
4, 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 Sector
10 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 : Raipur
State : Chhatisgarh Pin: 492001
00461
9.
Rajasthan
Jaipur Main Branch P.B.No.72, Sanganeri Gate
Jaipur, Rajasthan District: Jaipur,
State: Rajasthan.
Pin : 302003
00656
10.
Maharashtra
Mumbai Main Branch Mumbai Samachar Marg
Horniman Circle, Fort, Mumbai, Maharashtra Pin: 400001
00300
11.
Goa, Lakshadweep
Panaji Branch
Opp : Hotel Mandovi, Dayanand, Dayanand Bandodkar Marg, Panaji, Goa.
District : North Goa, State : Goa, Pin: 403001
00509
12.
Uttar Pradesh
Lucknow Main Branch
Tarawali Kothi, Motimahal Marg, Hazratganj, Lucknow, Uttar Pradesh
District :Lucknow, State: Uttar Pradesh
Pin : 226001
00125
13.
Odisha
Bhubaneswar Main Branch P.B.NO.14, Bhubaneswar Bhubaneswar
District : Khurda
State: Odisha, Pin : 751001
00041
14.
West Bengal and Andaman & Nicobar
Kolkata Main Branch Samriddhi Bhawan
1, Strand Road, Kolkata, West Bengal, District :Kolkata.
State: West Bengal. 3
Pin : 700001
00001
15.
Bihar
Patna Main Branch
West Gandhi Maidhan, Patna, Bihar. Pin: 800001
00152
16.
Jharkhand
Ranchi Branch Court Compound,
Jharkhand, District : Ranchi, State: Jharkhand, Pin : 834001
00167
17.
Sikkim
Gangtok Branch
M G Marg, Gangtok SIKKIM Dist: East Sikkim
State : Sikkim Pin : 737101
00232
18.
Arunachal Pradesh
Itanagar Branch
TT Marg,VIP Road Bank Tinali, Itanagar, Arunachal Pradesh District : Papumpare
State : Arunachal Pradesh
Pin : 791111
06091
19.
Nagaland
Kohima Branch
Near deputy commissioner’s office Kohima
Nagaland Pin: 797001
00214
20.
Assam
Guwahati Branch
Pan Bazar, MG Road,
Kamrup, Guwahati, Pin: 781001
00078
21.
Manipur
Imphal Branch
M G Avenue, Imphal west Manipur
Pin: 795001
00092
22.
Meghalaya
Shilong Branch
MG Road, Near General PO Shillong, District: Khasi Hills (E), Meghalaya,
Pin: 793001
00181
23.
Mizoram
Aizawl Branch Solomns cave
District: Aizawl, Mizoram
Pin: 796001
01539
24.
Tripura
Agartala Branch
Hari Ganga Basak road, Agartala
District: 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 : Hyderabad
State: 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