Sale of Electoral Bonds at Authorized Branches of State Bank of India (SBI)

By | September 30, 2021
(Last Updated On: September 30, 2021)

Sale of Electoral Bonds at Authorized Branches of State Bank of India (SBI)

Posted On: 29 SEP 2021

The 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 (as defined in item No. 2 (d) of Gazette Notification), who is a citizen of India or incorporated 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 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 XVIII Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches ( as per list enclosed)  w.e.f. 01.10.2021 to 10.10.2021.

The Electoral Bonds shall be valid for fifteen calendar 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

29 Existing Authorized Branches

Sl. No.State/UTName of the Branch & AddressBranch Code No.
DelhiDelhi Main Branch

11, Parliament Street,

New Delhi – 110001

Haryana, Punjab and ChandigarhChandigarh Main Branch

SCO 43-48, Banking Square, Sector-17B, Chandigarh, Distt: Chandigarh

State: Chandigarh, Pin : 160017

Himachal PradeshShimla Main Branch

Near Kali Bari Temple, The Mall, Shimla, District : Shimla

State: Himachal Pradesh,

Pin : 171003

Jammu and KashmirBadami Bagh (Srinagar) Branch

Badami Bagh

Cantonment, Srinagar, Kashmir
Dist : Badgam,

State: Jammu & Kashmir
Pin : 190001

UttarakhandDehra Dun Main Branch

4, Convent Road, Dehradun Uttarakhand, District : Dehradun
State: Uttarakhand Pin : 248001

Gujarat, Dadar & Nagar Haveli and Daman & DiuGandhinagar Branch, I Floor, Zonal Office Sector
10 B Gandhinagar

Distt: Gandhinagar,

State : Gujarat Pin:382010.

Madhya PradeshBhopal Main Branch T.T.Nagar,Bhopal-462003, Bhopal, Madhya Pradesh,

District : Bhopal,

State: Madhya Pradesh,

Pin : 462003

ChhattisgarhRaipur Main Branch


Jaistambh Chowk, Raipur,

District : Raipur

State : Chhatisgarh Pin: 492001

RajasthanJaipur Main Branch

P.B.No.72, Sanganeri Gate
Jaipur, Rajasthan District: Jaipur, State: Rajasthan.

Pin : 302003



Mumbai Main Branch

Mumbai Samachar Marg
Horniman Circle, Fort, Mumbai, Maharashtra   Pin: 400001






Panaji Branch

Opp : Hotel Mandovi, Dayanand,

Dayanand Bandodkar Marg,

Panaji, Goa.
District : North Goa,

State : Goa, Pin: 403001

Uttar PradeshLucknow Main Branch

Tarawali Kothi, Motimahal Marg, Hazratganj, Lucknow, Uttar Pradesh

District :Lucknow,

State: Uttar Pradesh
Pin : 226001

OdishaBhubaneswar Main Branch

P.B.NO.14, Bhubaneswar

District : Khurda
State: Odisha, Pin : 751001

West Bengal and Andaman & NicobarKolkata Main Branch

Samriddhi Bhawan
1, Strand Road, Kolkata, West Bengal, District :Kolkata.

State: West Bengal. 3

Pin : 700001

BiharPatna Main Branch

West Gandhi Maidhan, Patna,

Bihar. Pin: 800001

JharkhandRanchi Branch

Court Compound,

Jharkhand, District : Ranchi,

State: Jharkhand, Pin : 834001

SikkimGangtok Branch

M G Marg, Gangtok SIKKIM

Dist: East Sikkim

State : Sikkim Pin : 737101

Arunachal PradeshItanagar Branch

TT Marg,VIP Road Bank Tinali, Itanagar, Arunachal Pradesh

District : Papumpare

State : Arunachal Pradesh

Pin : 791111

NagalandKohima Branch

Near deputy commissioner’s office


Nagaland Pin: 797001

AssamGuwahati Branch

Pan Bazar, MG Road,

Kamrup, Guwahati, Pin: 781001

ManipurImphal Branch

M G Avenue, Imphal west


Pin: 795001

MeghalayaShilong Branch

MG Road, Near General PO

Shillong, District: Khasi Hills (E),

Meghalaya, Pin: 793001

MizoramAizawl Branch

Solomns cave

District: Aizawl, Mizoram

Pin: 796001


TripuraAgartala Branch

Hari Ganga Basak road,


District: Tripura (W), Tripura

Pin: 799001


Andhra PradeshVisakhapatnam Branch

Rednam Gardens, Jail Road, Junction, Opp. Pages/Vodaphone Off, Visakhapatnam,

District: Visakhapatnam

State : Andhra Pradesh

Pin : 530002


TelanganaHyderabad Main Branch

Bank Street, Koti, Hyderabad.
District : Hyderabad
State: Telangana
Pin : 500095


Tamil Nadu and PuducherryChennai Main Branch

336/166, Thambuchetty Street, Parrys, Chennai.

State: Tamil Nadu
Pin : 600001


KarnatakaBengaluru Main Branch

Post Bag No.5310,

St. Marks Road, Bangalore,

District :Bangalore Urban,

State: Karnataka, Pin : 560001

KeralaThiruvananthapuram Branch

P.B.No.14, M.G.Road, Thiruvananthapuram,
District : Thiruvananthapuram,

State: Kerala, Pin: 695001


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