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<h1>India Announces Electoral Bonds Sale for Political Parties with 1% Vote Share; Available January 1-10, 2021.</h1> The Government of India announced the issuance of Electoral Bonds under the Electoral Bond Scheme 2018, allowing purchase by Indian citizens or entities. These bonds can be bought individually or jointly and are available for political parties registered under the Representation of the People Act, 1951, that received at least one percent of votes in the last general election. The State Bank of India has been authorized to issue and encash these bonds from January 1 to 10, 2021, through 29 designated branches. Bonds are valid for 15 days, and funds are credited to the political party's account on the same day of deposit.