<h1>India Announces Sale of Electoral Bonds Under 2018 Scheme; Available for Purchase January 1-10, 2022 via SBI Branches.</h1> The Government of India has announced the sale of Electoral Bonds under the 2018 scheme, allowing Indian citizens or entities to purchase them, either individually or jointly. These bonds can only be received by political parties registered under the Representation of the People Act, 1951, which secured at least one percent of votes in the last general election. State Bank of India (SBI) will handle the issuance and encashment of these bonds from January 1 to January 10, 2022, through 29 authorized branches. Bonds must be encashed within 15 days of issuance, with same-day credit for eligible parties.