Electoral Bond Scheme 2018 
Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI) 

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.

2. State Bank of India (SBI) in the 6th phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorised Branches (as per list enclosed) w.e.f. 01.11.2018 to 10.11.2018.

3. 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 VI: November 1-10, 2018

Authorized Branch of State Bank of India 

Sl. No. State Name Of The Branch & Address Branch Code No.
1. Delhi 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, Distt: Chandigarh State: Chandigarh, Pin : 160017 00628
3. Himachal


Shimla Main Branch Near Kali Bari Temple, The Mall, Shimla Himachal Pradesh, District : Shimla

State: Himachal Pradesh, Pin : 171003

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
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, Gujarat Pin:382010. 01355
7. Madhya


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, 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


Maharashtra Mumbai Main Branch, Mumbai SamacharMarg 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, Orissa. 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. 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


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), Tripura Pin: 799001 00002
25. Andhra


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

27. Tamil Nadu and Puducherry Chennai Main Branch

336/166, Thambuchetty  Street, Parrys,


State: Tamil Nadu         Pin : 600001

28. Karnataka Bengaluru Main Branch,

Post Bag No.5310,

St. Marks Road, Bangalore,

District : Bangalore Urban,

State : Karnataka, Pin : 560001

29. Kerala Thiruvananthapuram Branch

P.B.No.14, M.G.Road,


District : Trivandrum, State: Kerala

Pin : 695001


Source- PIB

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