What are the steps to be followed in case I am remitting the Funds through SBI INB on Electoral Bond?

Purchaser can initiate purchase of Electoral Bonds from https://www.onlinesbi.com/ by selecting the Electoral Bonds tab. This tab will only be active during the notified Sale Period of Electoral Bonds.

Purchaser will select the State/UT and the Branch (within that State/UT) from where he / she wants to purchase the Electoral Bond.

Purchaser will input the amount of purchase (in multiples of 1000).

Purchaser must enter a valid 10-digit mobile number on which he/she will receive an OTP that must be entered to proceed further. This mobile number will be used to provide any further information to the Purchaser and also to retrieve the payment receipt later.

On submission of the OTP, customer will be redirected to the payments screen where two options will be available to make the payment: (i) SBI Internet Banking (ii) RTGS/NEFT (Other Bank).

On selection of SBI Internet Banking:

(a) Customer will be redirected to the INB merchant login page, where he / she has to login using his / her SBI INB credentials.

(b) On successful transaction, two reference numbers will be generated viz.

(c) Receipt printing option will appear to the customer. This Payment Receipt will contain the following fields (i) Date of Electronic Payment (ii) INB Reference Number (iii) Amount (iv) Selected Branch code.

(d) Purchaser must print a copy of electronic payment receipt from the tab named “Print/Reprint Receipt”. Customer will be prompted to enter the following fields (i) Mobile No. used in the application page and (ii) EB Reference No. On submission, INB system will validate Mobile No. with EB Reference No. on validation he/she will be able to generate/reprint the receipt

(e) For collection of Physical Electoral Bond Purchaser should present the Payment Receipt, Application Form, KYC Documents, Citizenship Documents, Pay-in-Slip and copy of Bank Account Statement evidencing payment made for purchase of Electoral Bond.