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Sale of Electoral Bonds 2018 at Authorised Branches of State Bank of India

Sale of Electoral Bonds 2018 at Authorised Branches of State Bank of India

The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated January 02, 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 Election Commission of India (ECI) has accorded ‘No objection’ from Model Code of Conduct (MCC) angle, vide its letter No.437/6/CG/LA-Multi/ECI/LET/FUNCT/MCC/2021 dated March 17, 2021 subject to the following conditions:

  • No Political functionary shall make any reference in this regard during any public speech or communication to the press or public in the constituencies going for poll; and
  • The relevant provisions of Model Code of Conduct issued by the Election Commission shall be strictly followed.

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.

The State Bank of India (SBI), in the XVI Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches (as per list below) w.e.f. 01.04.2021 to 10.04.2021.

Authorized Branches of State Bank of India (SBI)

16th Phase: April 01-10, 2021

Sl. No. State/UT Name Of The Branch & Address Branch Code No.
1 Delh

New 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, State: Chandigarh, Pin : 160017

00628
3 Himachal Pradesh Shimla Main Branch Near Kali Bari Temple, The Mall, Shimla Himachal Pradesh, District : Shimla State: Himachal Pradesh, Pin : 171003 00718
4 Jammu and Kashmir BadamiBagh (Srinagar) Branch BadamiBaghCantonment, Srinagar, Kashmir District : Srinagar, Jammu & Kashmir Dist : Badgam, State: Jammu & Kashmir Pin : 190001 02295
5 Uttarakhand Dehra Dun Main Branch 4, Convent Road, Dehradun Uttarakhand , 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, 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.N0.29/61,JaistambhChowk, 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 SamacharMarg Horniman Circle, Fort, Mumbai, Maharashtra Pin : 400001 00300
11 Goa, Lakshadweep Panaji Branch Opp : Hotel Mandovi, Dayanand, DayanandBandodkarMarg, Panaji, Goa .District : North Goa, State : Goa, Pin: 403001 00509
12 Uttar Pradesh Lucknow Main Branch, TarawaliKothi, MotimahalMarg, Hazratganj, Lucknow, Uttar Pradesh District : Lucknow, State: Uttar Pradesh Pin:  226001 00125
13 Odisha Bhubaneswar Main Branch P.B.No.14, Bhubaneswar Bhubaneswar, Orissa. District : Khurda State: Odisha, Pin : 751001 00041
14 West Bengal and Andaman & Nicobar Kolkata Main Branch, SamriddhiBhawan 1, Strand Road, Kolkata, West Bengal, District:Kolkata. State: West Bengal. Pin : 700001 00001
15 Bihar Patna Main Branch West Gandhi Maidhan, Patna, Bihar. Pin: 800001 00152
16 Jharkhand Ranchi Branch Court Compound, Ranchi 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 ltanagar Branch TI Marg,VIP Road Bank Tinali, ltanagar, 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 lmphal Branch M G Avenue, lmphal west, Manipur, Pin: 795001 00092
22 Meghalaya Shillong 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), TripuraPin: 799001 00002
25 Andhra Pradesh Visakhapatnam Branch Rednam Gardens, Jail Road, Junction, Opp. Pages/Vodaphone Off, Visakhapatnam, 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 : Trivandrum, State: Kerala. Pin : 695001 00941

Source : PIB



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