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What Documents are required for opening of Current Account of Political Party for redemption of Electoral Bonds?

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Anjana Anjana
Answered on February 19,2020

Documents required/applicable for opening of a Current Account of the Political Party will be as per standard Bank guidelines. A certificate from Election Commission of India is also required confirming that Political Party registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and has secured not less than one per cent of the votes polled in the last General Election to the House of the People or the Legislative Assembly, as the case may be

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