TaxTMI 
TaxTMI 
Electoral Bond Scheme 2018: Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI)
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....lectoral Bond Scheme 2018: Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI) <br>News and Press Release<br>Dated:- 24-4-2018<br><BR>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, who is a citizen of India or incorporated....
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.... 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 ....
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....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 3rd phase of sale, has been authorised to issue and encash Electoral Bonds through its 11 Authorised Branches (as per list enclosed) w.e.f. 01.05.2018 to 10.05.2018. It may be noted th....
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....at Electoral Bonds shall be valid for fifteen 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 Phase III: May 01-10, 2018 Authorized Branches of Sta....
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....te Bank of India Sl. No. State Name Of The Branch & Address Branch Code No. Existing / New 1 Delhi New Delhi Main Branch, 11, Parliament Street, New Delhi - 110001 00691 Existing 2 Gujarat Gandhinagar Branch, I Floor, Zonal Office Sector 10 B Gandhinagar Distt:Gandhinagar,Gujarat Pin:382010. 01355 Existing 3 Haryana And Punjab Chandigarh Main Branch, SCO 43-48, Bankin....
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....g Square, Sector-17B, Chandigarh, Distt: Chandigarh State: Chandigarh, Pin : 160017 00628 Existing 4 Karnataka Bangalore Main Branch, Post Bag No.5310, St. Marks Road, Bangalore, District :Bangalore Urban, State: Karnataka, Pin : 560001 00813 Existing 5 Madhya Pradesh Bhopal Main Branch, T.T.Nagar,Bhopal-462003, Bhopal, Madhya Pradesh, District : Bhopal, State: Madhya Pradesh. Pi....
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....n : 462003 01308 Existing 6 Maharashtra Mumbai Main Branch, Mumbai Samachar Marg Horniman Circle, Fort ,Mumbai, Maharashtra Pin : 400001 00300 Existing 7 Rajasthan Jaipur Main Branch,P.B.NO.72, Sanganeri Gate Jaipur, Rajasthan District :Jaipur, State: Rajasthan. Pin : 302003 00656 Existing 8 Tamil Nadu Chennai Main Branch,336/166, Thambuchetty Street, Parrys, Chennai. S....
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....tate: Tamil Nadu Pin : 600001 00800 Existing 9 Uttar Pradesh Lucknow Main Branch, Tarawali Kothi, Motimahal Marg, Hazratganj, Lucknow, Uttar Pradesh District :Lucknow, State: Uttar Pradesh Pin : 226001 00125 Existing 10 West Bengal Kolkata Main Branch, Samriddhi Bhawan 1, Strand Road, Kolkata, West Bengal, District :Kolkata. State: West Bengal. Pin : 700001 00001 Existi....
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....ng 11 Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura Guwahati Branch, Pan Bazar, MG Road, Kamrup, Guwahati Pin: 781001 00078 Existing<BR> News - Press release - PIB....