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    <title>Electoral Bond Scheme 2018</title>
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    <description>The scheme permits purchase of Electoral Bonds by Indian citizens or entities (individuals singly or jointly) and restricts receipt to political parties registered under Section 29A that secured at least one percent of votes in the last relevant general election. Encashment is only through an account with an Authorized Bank. Sales occur in authorised phases through designated bank branches; each bond expires fifteen calendar days after issue and deposited bonds are credited the same day.</description>
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