Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

SBI authorised to issue and encash Electoral Bonds through its 29 Authorised Branches, in the 29th phase of sale, w.e.f. 06.11.2023 to 20.11.2023

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... SBI authorised to issue and encash Electoral Bonds through its 29 Authorised Branches, in the 29th phase of sale, w.e.f. 06.11.2023 to 20.11.2023
News and Press Release
Dated:- 6-11-2023

The Government of India has authorised the State Bank of India (SBI), in the XXIX Phase of sale, to issue and encash Electoral Bonds through its 29 Authorised Branches (as per list below) w.e.f. 06.1 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1.2023 to 20.11.2023. The Electoral Bonds shall be valid for 15 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. The Government of India has notified the Electoral Bond S .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cheme 2018 vide Gazette Notification No. 20 dated 2nd January 2018 (as amended vide Gazette Notification dated 7th November, 2022). 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 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 encashe .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d by an eligible Political Party only through a Bank account with the Authorised Bank. Electoral Bond Scheme - 2018 of 29 Authorised Branches Sl. No. State/UT Name of the Branch & Address Branch Code No. 1. Delhi Delhi Main Branch 11, Parliament Street, New Delhi - 110001 00691 2. Haryana, Punjab and Chandigarh Chandigarh Main Branch SCO 43-48, Banking Square, Sector-17B, Chandigar .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h, Distt: Chandigarh State: Chandigarh, Pin : 160017 00628 3. Himachal Pradesh Shimla Main Branch Near Kali Bari Temple, The Mall, Shimla, District : Shimla State: Himachal Pradesh, Pin : 171003 00718 4. Jammu and Kashmir Badami Bagh (Srinagar) Branch Badami Bagh Cantonment, Srinagar, Kashmir Dist : Badgam, State: Jammu & Kashmir Pin : 190001 02295 5. Uttarakhand Dehra Dun Main .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Branch 4, Convent Road, Dehradun Uttarakhand, District : Dehradun State: Uttarakhand Pin : 248001 00630 6. Gujarat, Dadar & Nagar Haveli and Daman & Diu Gandhinagar Branch, I Floor, Zonal Office Sector 10 B Gandhinagar Distt: Gandhinagar, State : Gujarat Pin:382010. 01355 7. Madhya Pradesh Bhopal Main Branch T.T.Nagar,Bhopal-462003, Bhopal, Madhya Pradesh, District : Bhopal, State: Madhy .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... a Pradesh, Pin : 462003 01308 8. Chhattisgarh Raipur Main Branch P.B.NO.29/61, Jaistambh Chowk, Raipur, District : Raipur State : Chhatisgarh Pin: 492001 00461 9. Rajasthan Jaipur Main Branch P.B.No.72, Sanganeri Gate Jaipur, Rajasthan District: Jaipur, State: Rajasthan. Pin : 302003 00656 10. Maharashtra Mumbai Main Branch Mumbai Samachar Marg Horniman Circle, Fort, Mumbai, Maharas .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... htra Pin: 400001 00300 11. Goa, Lakshadweep Panaji Branch Opp : Hotel Mandovi, Dayanand, Dayanand Bandodkar Marg, Panaji, Goa. District : North Goa, State : Goa, Pin: 403001 00509 12. Uttar Pradesh Lucknow Main Branch Tarawali Kothi, Motimahal Marg, Hazratganj, Lucknow, Uttar Pradesh District :Lucknow, State: Uttar Pradesh Pin : 226001 00125 13. Odisha Bhubaneswar Main Branch P.B. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... NO.14, Bhubaneswar Bhubaneswar District : Khurda State: Odisha, Pin : 751001 00041 14. West Bengal and Andaman & Nicobar Kolkata Main Branch Samriddhi Bhawan 1, Strand Road, Kolkata, West Bengal, District :Kolkata. State: West Bengal. 3 Pin : 700001 00001 15. Bihar Patna Main Branch West Gandhi Maidhan, Patna, Bihar. Pin: 800001 00152 16. Jharkhand Ranchi Branch Court Compound, Jhar .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... khand, District : Ranchi, State: Jharkhand, Pin : 834001 00167 17. Sikkim Gangtok Branch M G Marg, Gangtok SIKKIM Dist: East Sikkim State : Sikkim Pin : 737101 00232 18. Arunachal Pradesh Itanagar Branch TT Marg,VIP Road Bank Tinali, Itanagar, Arunachal Pradesh District : Papumpare State : Arunachal Pradesh Pin : 791111 06091 19. Nagaland Kohima Branch Near deputy commissioner's .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... office Kohima Nagaland Pin: 797001 00214 20. Assam Guwahati Branch Pan Bazar, MG Road, Kamrup, Guwahati, Pin: 781001 00078 21. Manipur Imphal Branch M G Avenue, Imphal west Manipur Pin: 795001 00092 22. Meghalaya Shilong Branch MG Road, Near General PO Shillong, District: Khasi Hills (E), Meghalaya, Pin: 793001 00181 23. Mizoram Aizawl Branch Solomns cave District: Aizawl, Miz .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... oram Pin: 796001 01539 24. Tripura Agartala Branch Hari Ganga Basak road, Agartala District: Tripura (W), Tripura Pin: 799001 00002 25. Andhra Pradesh Visakhapatnam Branch Rednam Gardens, Jail Road, Junction, Opp. Pages/Vodaphone Off, Visakhapatnam, District: Visakhapatnam State : Andhra Pradesh Pin : 530002 00952 26. Telangana Hyderabad Main Branch Bank Street, Koti, Hyderabad. Dis .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... trict : Hyderabad State: Telangana Pin : 500095 00847 27. Tamil Nadu and Puducherry Chennai Main Branch 336/166, Thambuchetty Street, Parrys, Chennai. State: Tamil Nadu Pin : 600001 00800 28. Karnataka Bengaluru Main Branch Post Bag No.5310, St. Marks Road, Bangalore, District :Bangalore Urban, State: Karnataka, Pin : 560001 00813 29. Kerala Thiruvananthapuram Branch P.B.No.14, M.G. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Road, Thiruvananthapuram, District : Thiruvananthapuram, State: Kerala, Pin: 695001 00941 *****
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates