The 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, 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 5thphase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorised Branches (as per list enclosed) w.e.f. 01.10.2018 to 10.10.2018.
It may be noted that 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 Bearer Bond Scheme – 2018
Phase V: October 1-10, 2018
Authorized Branches of State Bank of India
|
Sl. No.
|
State
|
Name Of The Branch & Address
|
Branch Code No.
|
Existing / New
|
|
1.
|
Delhi
|
New Delhi Main Branch,
11, Parliament Street, New Delhi – 110001
|
00691
|
Existing
|
|
2.
|
Haryana, Punjab and Chandigarh
|
Chandigarh Main Branch,
SCO 43-48, Banking Square,
Sector-17B, Chandigarh,
Distt: Chandigarh State: Chandigarh,
Pin : 160017
|
00628
|
Existing
|
|
3.
|
Himachal Pradesh
|
Shimla Main Branch
Near Kali Bari Temple, The Mall, Shimla
Himachal Pradesh, District : Shimla
State: Himachal Pradesh, Pin : 171003
|
00718
|
New
|
|
4.
|
Jammu and Kashmir
|
Badami Bagh (Srinagar) Branch
Badami Bagh
Cantonment, Srinagar, Kashmir
District : Srinagar, Jammu & Kashmir
Dist : Badgam, State: Jammu & Kashmir
Pin : 190001
|
02295
|
New
|
|
5.
|
Uttarakhand
|
Dehra Dun Main Branch
4, Convent Road, Dehradun
Uttarakhand
District : Dehradun, State: Uttarakhand Pin : 248001
|
00630
|
New
|
|
6.
|
Gujarat, Dadar & Nagar Haveli and Daman & Diu
|
Gandhinagar Branch, I Floor,
Zonal Office, Sector 10 B Gandhinagar
Distt: Gandhinagar, Gujarat
Pin:382010.
|
01355
|
Existing
|
|
7.
|
Madhya Pradesh
|
Bhopal Main Branch,
T.T.Nagar,Bhopal-462003, Bhopal,
Madhya Pradesh, District : Bhopal,
State: Madhya Pradesh. Pin : 462003
|
01308
|
Existing
|
|
8.
|
Chhattisgarh
|
Raipur Main Branch
P.B.N0.29/61,
Jaistambh Chowk, Raipur,
District : Raipur, State : Chhatisgarh
Pin: 492001
|
00461
|
New
|
|
9.
|
Rajasthan
|
Jaipur Main Branch, P.B.No.72,
Sanganeri Gate
Jaipur, Rajasthan
District :Jaipur, State: Rajasthan.
Pin : 302003
|
00656
|
Existing
|
|
10
|
Maharashtra
|
Mumbai Main Branch,
Mumbai SamacharMarg
Horniman Circle, Fort, Mumbai,
Maharashtra Pin : 400001
|
00300
|
Existing
|
|
11.
|
Goa, Lakshadweep
|
Panaji Branch
Opp : Hotel Mandovi, Dayanand,
Dayanand Bandodkar Marg,
Panaji, Goa .
District : North Goa, State : Goa,
Pin: 403001
|
00509
|
New
|
|
12.
|
Uttar Pradesh
|
Lucknow Main Branch,
Tarawali Kothi, Motimahal Marg,
Hazratganj, Lucknow, Uttar Pradesh
District : Lucknow, State: Uttar Pradesh
Pin: 226001
|
00125
|
Existing
|
|
13.
|
Odisha
|
Bhubaneswar Main Branch
P.B.No.14, Bhubaneswar
Bhubaneswar, Orissa. District : Khurda
State: Odisha, Pin : 751001
|
00041
|
New
|
|
14.
|
West Bengal and Andaman & Nicobar
|
Kolkata Main Branch,
Samriddhi Bhawan
1, Strand Road, Kolkata, West Bengal,
District :Kolkata. State: West Bengal.
Pin : 700001
|
00001
|
Existing
|
|
15.
|
Bihar
|
Patna Main Branch
West Gandhi Maidhan, Patna, Bihar.
Pin: 800001
|
00152
|
New
|
|
16.
|
Jharkhand
|
Ranchi Branch
Court Compound, Ranchi
Jharkhand, District : Ranchi,
State: Jharkhand,
Pin : 834001
|
00167
|
New
|
|
17.
|
Sikkim
|
Gangtok Branch
M G Marg, Gangtok SIKKIM
Dist: East Sikkim
State : Sikkim Pin : 737101
|
00232
|
New
|
|
18.
|
Arunachal Pradesh
|
ltanagar Branch
TI Marg,VIP Road Bank Tinali, ltanagar,
Arunachal Pradesh
District : Papumpare
State : Arunachal Pradesh Pin : 791111
|
06091
|
New
|
|
19.
|
Nagaland
|
Kohima Branch
Near deputy commissioner's office
Kohima
Nagaland, Pin: 797001
|
00214
|
New
|
|
20.
|
Assam
|
Guwahati Branch,
Pan Bazar,
MG Road, Kamrup,
Guwahati. Pin: 781001
|
00078
|
Existing
|
|
21.
|
Manipur
|
lmphal Branch
M G Avenue
lmphal west, Manipur
Pin: 795001
|
00092
|
New
|
|
22.
|
Meghalaya
|
Shillong Branch
MG road, Near General PO
Shillong, District: Khasi Hills (E), Meghalaya
Pin: 793001
|
00181
|
New
|
|
23.
|
Mizoram
|
Aizawl Branch
Solomns cave
District: Aizawl
Mizoram
Pin: 796001
|
01539
|
New
|
|
24.
|
Tripura
|
Agartala Branch
Hari Ganga Basak Road,
Agartala
District: Tripura (W), Tripura
Pin: 799001
|
00002
|
New
|
|
25.
|
Andhra Pradesh
|
Visakhapatnam Branch
Rednam Gardens, Jail Road, Junction,
Opp. Pages/Vodaphone Off ,
Visakhapatnam, Visakhapatnam
District: Visakhapatnam
State : Andhra Pradesh
Pin : 530002
|
00952
|
New
|
|
26.
|
Telangana
|
Hyderabad Main Branch
Bank Street, Koti, Hyderabad.
District : Hyderabad
State: Telangana
Pin: 500095
|
00847
|
New
|
|
27.
|
Tamil Nadu and Puducherry
|
Chennai Main Branch
336/166, Thambuchetty Street, Parrys,
Chennai.
State: Tamil Nadu Pin : 600001
|
00800
|
Existing
|
|
28.
|
Karnataka
|
Bengaluru Main Branch,
Post Bag No.5310,
St. Marks Road, Bangalore,
District : Bangalore Urban,
State : Karnataka, Pin : 560001
|
00813
|
Existing
|
|
29.
|
Kerala
|
Thiruvananthapuram Branch
P.B.No.14, M.G.Road,
Thiruvananthapuram,
District : Trivandrum, State: Kerala
Pin : 695001
|
00941
|
New
|
|
