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

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 (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 XVIII Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches (as per list enclosed)  w.e.f. 01.10.2021 to 10.10.2021.

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 Authorized Branches

Sl. No. State/UT Name of the Branch & Address Branch Code No.
Delhi Delhi Main Branch 11, Parliament Street, New Delhi – 110001 00691
Haryana, Punjab and Chandigarh Chandigarh Main Branch

SCO 43-48, Banking Square, Sector-17B, Chandigarh, Distt: Chandigarh

State: Chandigarh, Pin : 160017

Himachal Pradesh Shimla Main Branch

Near Kali Bari Temple, The Mall, Shimla, District : Shimla State: Himachal Pradesh, Pin : 171003

Jammu and Kashmir Badami Bagh (Srinagar) Branch Badami Bagh Cantonment, Srinagar, Kashmir Dist : Badgam, State: Jammu & Kashmir
Pin : 190001
Uttarakhand Dehra Dun Main Branch

4, Convent Road, Dehradun Uttarakhand, District : Dehradun
State: Uttarakhand Pin : 248001

Gujarat, Dadar & Nagar Haveli and Daman & Diu Gandhinagar Branch, I Floor, Zonal Office Sector
10 B Gandhinagar Distt: Gandhinagar, State : Gujarat Pin:382010.
Madhya Pradesh Bhopal Main Branch T.T.Nagar,Bhopal-462003, Bhopal, Madhya Pradesh, District : Bhopal, State: Madhya Pradesh, Pin : 462003 01308
Chhattisgarh Raipur Main Branch P.B.NO.29/61, Jaistambh Chowk, Raipur, District : Raipur State : Chhatisgarh Pin: 492001 00461
Rajasthan Jaipur Main Branch P.B.No.72, Sanganeri Gate Jaipur, Rajasthan District: Jaipur, State: Rajasthan. Pin : 302003 00656


Mumbai Main Branch Mumbai Samachar Marg
Horniman Circle, Fort, Mumbai, Maharashtra   Pin: 400001





Panaji Branch Opp : Hotel Mandovi, Dayanand, Dayanand Bandodkar Marg, Panaji, Goa. District : North Goa, State : Goa, Pin: 403001 00509
Uttar Pradesh Lucknow Main Branch Tarawali Kothi, Motimahal Marg, Hazratganj, Lucknow, Uttar Pradesh District :Lucknow, State: Uttar Pradesh Pin : 226001 00125
Odisha Bhubaneswar Main Branch P.B.NO.14, Bhubaneswar
BhubaneswarDistrict : Khurda
State: Odisha, Pin : 751001
West Bengal and Andaman & Nicobar Kolkata Main Branch Samriddhi Bhawan
1, Strand Road, Kolkata, West Bengal, District :Kolkata.State: West Bengal. 3Pin : 700001
Bihar Patna Main Branch West Gandhi Maidhan, Patna,

Bihar. Pin: 800001

Jharkhand Ranchi Branch Court Compound, Jharkhand, District : Ranchi,

State: Jharkhand, Pin : 834001

Sikkim Gangtok Branch M G Marg, Gangtok SIKKIM Dist: East Sikkim

State : Sikkim Pin : 737101

Arunachal Pradesh Itanagar Branch TT Marg,VIP Road Bank Tinali, Itanagar, Arunachal Pradesh

District : Papumpare

State : Arunachal Pradesh

Pin : 791111

Nagaland Kohima Branch Near deputy commissioner’s office Kohima

Nagaland Pin: 797001

Assam Guwahati Branch Pan Bazar, MG Road, Kamrup, Guwahati, Pin: 781001 00078
Manipur Imphal Branch M G Avenue, Imphal west Manipur Pin: 795001 00092
Meghalaya Shilong Branch MG Road, Near General PO Shillong, District: Khasi Hills (E), Meghalaya, Pin: 793001 00181
Mizoram Aizawl Branch Solomns cave District: Aizawl, Mizoram Pin: 796001 01539
Tripura Agartala Branch Hari Ganga Basak road, Agartala District: Tripura (W), Tripura Pin: 799001 00002
Andhra Pradesh Visakhapatnam Branch Rednam Gardens, Jail Road, Junction, Opp. Pages/Vodaphone Off, Visakhapatnam,

District: Visakhapatnam

State : Andhra Pradesh

Pin : 530002


Telangana Hyderabad Main Branch Bank Street, Koti, Hyderabad.
District : Hyderabad
State: Telangana
Pin : 500095
Tamil Nadu and Puducherry Chennai Main Branch 336/166, Thambuchetty Street, Parrys, Chennai.

State: Tamil Nadu
Pin : 600001


Karnataka Bengaluru Main Branch Post Bag No.5310, St. Marks Road, Bangalore, District :Bangalore Urban, State: Karnataka, Pin : 560001 00813
Kerala Thiruvananthapuram Branch P.B.No.14, M.G.Road, Thiruvananthapuram,
District : Thiruvananthapuram, State: Kerala, Pin: 695001


(Release ID: 1759311)

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