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    <title>Sale of Electoral Bonds at Authorized Branches of State Bank of India (SBI)</title>
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    <description>Electoral Bonds may be purchased by Indian citizens or entities and received only by Political Parties registered under Section 29A of the Representation of the People Act, 1951 that secured not less than one per cent of votes in the last General Election; bonds must be encashed only through an account with an Authorized Bank. Specified authorized branches were designated to issue and encash bonds for the sale phase, bonds are valid for fifteen calendar days from issue, and deposited bonds shall be credited to the eligible party&#039;s account on the same day.</description>
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