Home |Electoral Bond Scheme | After opening of Current Account, What if the Political Party is unable to secure less than one per cent of the votes polled in the next Election?

After opening of Current Account, What if the Political Party is unable to secure less than one per cent of the votes polled in the next Election?

Answer Notify Me - 1 Notifying - 2



Abhishek Abhishek
Answered on February 19,2020

If the Political Party becomes de-notified before the next issuance of Electoral Bonds, then Bank will change the product code of their account to a regular Current Account code, so that Electoral Bonds cannot be deposited in the account.

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