Buy Electoral Bonds from Oct 1 to 10

CEC Rajiv Kumar

Buy Electoral Bonds from Oct 1 to 10

Parties Who Got 1% Of Votes Are Eligible To Receive The Money

Meanwhile, CPI (M) leader Sitaram Yechuri demands scrapping of the Electoral Bonds.

NEW DELHI, Sep 29 (The CONNECT) - The government has opened the Electoral Bonds for purchase by the people from October 1 to 10 at designated bank branches in the 22nd phase of the scheme.

As per the Electoral Bond Scheme 2018, the instruments can be purchased by Indians singly or jointly.

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 Lok Sabha or the State Legislative Assemblies of the State are eligible to receive the Electoral Bonds.

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The BJP spent over Rs 340 crore in the Assembly polls in five states held earlier this year, while the Congress shelled out more than Rs 194 crore for its campaigning in these states, according to the election expenditure reports of the two parties, media reports said.

According to the report filed by the BJP and put in public domain by the Election Commission, the party spent more than Rs 340 crore on its campaigns for the Uttar Pradesh, Uttarakhand, Manipur, Goa and Punjab Assembly elections held this year, the reports said.

Reacting to these reports, CPI (M) leader Sitaram yechuri demanded scrapping of the Electoral Bonda. Taking to Twitter, he said: “This is how money power is destroying democracy. BJP ‘central office’ and 5 state units reported receipts of Rs 914 crore in 63 days! Nowhere in the world is democracy, by law, allowed to be funded opaquely and anonymously.”

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The Bonds can be encashed by an eligible Political Party only through a Bank account with the Authorized Bank.

The Electoral Bonds shall be valid for fifteen calendar days from the date of issue. The Bond deposited by an eligible Political Party in its account shall be credited on the same day.

State Bank of India (SBI), in the XXII Phase of sale, has been authorised to issue and encash Electoral Bonds through its 29 Authorized Branches as per list given below:

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, Chandigarh, 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 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: Madhya 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, Maharashtra 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.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,

Jharkhand, 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 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, Mizoram 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. District : 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.Road,

Thiruvananthapuram,

District : Thiruvananthapuram, State: Kerala, Pin: 695001

00941

 

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