Delhi Election 2020: Here’s how you can apply for Electoral bonds to fund a political party

• SBI began the sale of electoral bonds from January 13, 2020.
  
• The electoral bond sale will last till January 22.
  
• Electoral bonds are the easiest way to donate funds to any political party
  
  

The State Bank of India began the sale of electoral bonds on January 13. Any individual can donate funds to any political party by filling an electoral bond application at authorised SBI branches between 13 and 22 January.

“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,” said PIB.


Here’s how to fill the electoral bond:

There are two ways to fill the electoral bonds:

1. Go to the nearest authorised SBI branch to fill the application. Check all the authorised branches here.

2.) You can also apply for electoral bonds online.

— Go to onlinesbi.com
— Fill the forms with required details
— Attach the documents required.
— Payment for the Electoral Bond can be made through Cheque, DD, NEFT/RTGS or Direct Debit to the Applicant Account.

KYC documents required for Individuals

To fill the Aadhaar with current address & Permanent Account Number (PAN) or Form No. 60 as defined in Income-Tax Rules, 1962. In case Aadhaar Number is not available with the customer, he/she shall furnish proof of application of enrolment for Aadhaar. Moreover, in case PAN is not available and/or Aadhaar does not have current address, one certified copy of any one from following five Officially Valid Documents (OVDs) to be submitted:

(i) Passport,

(ii) Driving Licence,

(iii) Voter’s Identity Card issued by Election Commission of India,

(iv) Job Card issued by NREGA duly signed by an officer of the State Govt

(v) The letter issued by the National Population Register containing details of Name and Address.