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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 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.

State Bank of India (SBI), in the XXVII Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches (as per list enclosed) w.e.f. 03.07.2023 to 12.07.2023.

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  istrict: 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

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