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

New Delhi: Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated January 02, 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 XIII Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches ( as per list enclosed) w.e.f. 13.01.2020 to 22.01.2020.

It may be noted that 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 Bearer Bond Scheme – 2018

13th Phase of Sale: January 13-22, 2020

Authorized Branches


Sl. No. State Name Of The Branch & Address Branch Code No.
1. Delhi New Delhi Main Branch,

11, Parliament Street, New Delhi – 110001

2. Haryana, Punjab and Chandigarh Chandigarh Main Branch,

SCO 43-48, Banking Square,

Sector-17B, Chandigarh, State: Chandigarh,

Pin : 160017

3. Himachal


Shimla Main Branch

Near Kali Bari Temple, The Mall, Shimla

Himachal Pradesh, District : Shimla

State: Himachal Pradesh, Pin : 171003

4. Jammu and





BadamiBagh (Srinagar) Branch

BadamiBaghCantonment, Srinagar, Kashmir

District : Srinagar, Jammu & Kashmir

Dist : Badgam, State: Jammu & Kashmir

Pin : 190001

5. Uttarakhand Dehra Dun Main Branch

4, Convent Road, Dehradun

Uttarakhand , State: Uttarakhand Pin : 248001

6. Gujarat, Dadar& Nagar Haveli

and Daman &Diu

Gandhinagar Branch, I Floor,

Zonal Office, Sector 10 B Gandhinagar

Distt:Gandhinagar, Gujarat. Pin:382010.

7. Madhya


Bhopal Main Branch,

T.T.Nagar,Bhopal-462003, Bhopal,

Madhya Pradesh, District : Bhopal,

State: Madhya Pradesh. Pin : 462003

8. Chhattisgarh Raipur Main Branch

P.B.N0.29/61,JaistambhChowk, Raipur,

District : Raipur, State : Chhatisgarh

Pin: 492001

9. Rajasthan Jaipur Main Branch, P.B.No.72,

Sanganeri Gate, Jaipur, Rajasthan

District :Jaipur, State: Rajasthan.

Pin : 302003



Maharashtra Mumbai Main Branch,

Mumbai SamacharMarg

Horniman Circle, Fort, Mumbai,

Maharashtra      Pin : 400001

11. Goa, Lakshadweep Panaji Branch

Opp : Hotel Mandovi, Dayanand,


Panaji, Goa .District : North Goa, State : Goa,

Pin: 403001

12. Uttar Pradesh Lucknow Main Branch,

TarawaliKothi, MotimahalMarg,

Hazratganj, Lucknow, Uttar Pradesh

District : Lucknow, State: Uttar Pradesh

Pin:  226001



Odisha Bhubaneswar Main Branch

P.B.No.14, Bhubaneswar

Bhubaneswar, Orissa. District : Khurda

State: Odisha, Pin : 751001

14. West Bengal and Andaman

& Nicobar

Kolkata Main Branch,


1, Strand Road, Kolkata, West Bengal,

District:Kolkata. State: West Bengal.

Pin : 700001

15. Bihar Patna Main Branch

West Gandhi Maidhan, Patna, Bihar.

Pin: 800001

16. Jharkhand Ranchi Branch

Court Compound, Ranchi

Jharkhand, District : Ranchi,

State: Jharkhand,Pin : 834001

17. Sikkim Gangtok Branch

M G Marg, Gangtok SIKKIM

Dist: East Sikkim, State : Sikkim Pin : 737101

18. Arunachal


ltanagar Branch

TI Marg,VIP Road Bank Tinali, ltanagar,

Arunachal Pradesh

District : Papumpare

State : Arunachal Pradesh Pin : 791111

19. Nagaland Kohima Branch

Near deputy commissioner’s office

Kohima, Nagaland, Pin: 797001

20. Assam Guwahati Branch,

Pan Bazar,

MG Road,Kamrup, Guwahati.  Pin: 781001

21. Manipur lmphal Branch

M G Avenue, lmphal west, Manipur, Pin: 795001

22. Meghalaya Shillong Branch

MG road, Near General PO

Shillong,District: Khasi Hills (E), Meghalaya

Pin: 793001

23. Mizoram Aizawl Branch, Solomns cave

District: Aizawl. Mizoram,  Pin: 796001

24. Tripura Agartala Branch

Hari Ganga Basak Road,

Agartala, District: Tripura (W), TripuraPin: 799001

25. Andhra


Visakhapatnam Branch

Rednam Gardens, Jail Road, Junction,

Opp. Pages/Vodaphone Off ,

Visakhapatnam, Visakhapatnam

District: Visakhapatnam, State : Andhra Pradesh

Pin : 530002

26. Telangana Hyderabad Main Branch

Bank Street, Koti, Hyderabad.

District : Hyderabad, State: Telangana

Pin: 500095

27. Tamil Nadu and Puducherry Chennai Main Branch

336/166, Thambuchetty  Street, Parrys,

Chennai.State: Tamil Nadu    Pin : 600001

28. Karnataka Bengaluru Main Branch,

Post Bag No.5310,

St. Marks Road, Bangalore, District : Bangalore Urban,

State : Karnataka, Pin : 560001

29. Kerala Thiruvananthapuram Branch

P.B.No.14, M.G.Road,

Thiruvananthapuram,District : Trivandrum,

State: Kerala. Pin : 695001

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