Sale of Electoral Bonds at Authorized Branches of the SBI

Sale of Electoral Bonds at Authorized Branches of the SBI

Sale of Electoral Bonds at Authorized Branches of the State Bank of India (SBI)

Posted On: 30 MAR 2022 6:11PM by PIB Delhi

Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 02nd 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 XXth  Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches ( as per list enclosed)  w.e.f. 01.04.2022 to 10.04.2022.

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. 

ANNEXURE

Electoral Bond Scheme – 2018

29 Existing Authorized Branches

State/UTName of the Branch & AddressBranch Code No.
DelhiDelhi Main Branch11, Parliament Street,New Delhi – 11000100691
Haryana, Punjab and ChandigarhChandigarh Main BranchSCO 43-48, Banking Square, Sector-17B, Chandigarh, Distt: ChandigarhState: Chandigarh, Pin : 16001700628
Himachal PradeshShimla Main BranchNear Kali Bari Temple, The Mall, Shimla, District : ShimlaState: Himachal Pradesh,Pin : 17100300718
Jammu and KashmirBadami Bagh (Srinagar) BranchBadami BaghCantonment, Srinagar, Kashmir
Dist : Badgam,State: Jammu & Kashmir
Pin : 190001
02295
UttarakhandDehra Dun Main Branch4, Convent Road, Dehradun Uttarakhand, District : Dehradun
State: Uttarakhand Pin : 248001
00630
Gujarat, Dadar & Nagar Haveli and Daman & DiuGandhinagar Branch, I Floor, Zonal Office Sector
10 B Gandhinagar Distt: Gandhinagar,State : Gujarat Pin:382010.
01355
Madhya PradeshBhopal Main Branch T.T.Nagar,Bhopal-462003, Bhopal, Madhya Pradesh,District : Bhopal,State: Madhya Pradesh,Pin : 46200301308
ChhattisgarhRaipur Main BranchP.B.NO.29/61,Jaistambh Chowk, Raipur,District : RaipurState : Chhatisgarh Pin: 49200100461
RajasthanJaipur Main BranchP.B.No.72, Sanganeri Gate
Jaipur, Rajasthan District: Jaipur, State: Rajasthan.Pin : 302003
00656
Maharashtra Mumbai Main BranchMumbai Samachar Marg
Horniman Circle, Fort, Mumbai, Maharashtra   Pin: 400001
00300 
Goa, Lakshadweep Panaji BranchOpp : Hotel Mandovi, Dayanand,Dayanand Bandodkar Marg,Panaji, Goa.
District : North Goa,State : Goa, Pin: 403001
00509
Uttar PradeshLucknow Main BranchTarawali Kothi, Motimahal Marg, Hazratganj, Lucknow, Uttar PradeshDistrict :Lucknow,State: Uttar Pradesh
Pin : 226001
00125
OdishaBhubaneswar Main BranchP.B.NO.14, Bhubaneswar
BhubaneswarDistrict : Khurda
State: Odisha, Pin : 751001
00041
West Bengal and Andaman & NicobarKolkata Main BranchSamriddhi Bhawan
1, Strand Road, Kolkata, West Bengal, District :Kolkata.State: West Bengal. 3Pin : 700001
00001
BiharPatna Main BranchWest Gandhi Maidhan, Patna,Bihar. Pin: 80000100152
JharkhandRanchi BranchCourt Compound,Jharkhand, District : Ranchi,State: Jharkhand, Pin : 83400100167
SikkimGangtok BranchM G Marg, Gangtok SIKKIMDist: East SikkimState : Sikkim Pin : 73710100232
Arunachal PradeshItanagar BranchTT Marg,VIP Road Bank Tinali, Itanagar, Arunachal Pradesh District : PapumpareState : Arunachal PradeshPin : 79111106091
NagalandKohima BranchNear deputy commissioner’s officeKohimaNagaland Pin: 79700100214
AssamGuwahati BranchPan Bazar, MG Road,Kamrup, Guwahati, Pin: 78100100078
ManipurImphal BranchM G Avenue, Imphal westManipurPin: 79500100092
MeghalayaShilong BranchMG Road, Near General POShillong, District: Khasi Hills (E),Meghalaya, Pin: 79300100181
MizoramAizawl BranchSolomns caveDistrict: Aizawl, MizoramPin: 796001 01539
TripuraAgartala BranchHari Ganga Basak road,AgartalaDistrict: Tripura (W), TripuraPin: 799001 00002
Andhra PradeshVisakhapatnam BranchRednam Gardens, Jail Road, Junction, Opp. Pages/Vodaphone Off, Visakhapatnam,District: VisakhapatnamState : Andhra PradeshPin : 530002 00952
TelanganaHyderabad Main BranchBank Street, Koti, Hyderabad.
District : Hyderabad
State: Telangana
Pin : 500095 
00847
Tamil Nadu and PuducherryChennai Main Branch336/166, Thambuchetty Street, Parrys, Chennai.State: Tamil Nadu
Pin : 600001 
00800
KarnatakaBengaluru Main BranchPost Bag No.5310,St. Marks Road, Bangalore,District :Bangalore Urban,State: Karnataka, Pin : 56000100813
KeralaThiruvananthapuram BranchP.B.No.14, M.G.Road, Thiruvananthapuram,
District : Thiruvananthapuram,State: Kerala, Pin: 695001 
00941

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