SBI authorized to issue and encash Electoral Bonds through its 29 Authorised Branches as part of the Electoral Bond Scheme 2018

Last updated: 29 December 2020


The Government of India has notified the Electoral Bond Scheme 2018 vide Gazette Notification No. 20 dated 2ndJanuary 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
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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