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Can other Bank DD/Cheques be accepted for issuance of Electoral Bonds?

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Taniya Taniya
Answered on February 19,2020

Yes. Cheque should be drawn in favor of “State Bank of India A/c Electoral Bond Scheme 2018” and clear funds must be realized by Designated Branch of SBI within the sale period window. Clearing cheque should be deposited in Designated SBI Branches at least 3 working days before closure of Electoral Bond sale period.

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