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SBI Submits All Electoral Bond Details, Including Unique Numbers, to ECI

The unique bond numbers would help match purchasers of the bonds with the political parties that redeemed those bonds.
The Supreme Court had directed SBI to disclose all electoral bond details, including the unique identification code, by March 21. Photo: Unsplash

New Delhi: The State Bank of India (SBI) has submitted all details relating to the Electoral Bonds to the Election Commission of India, including the unique numbers of the bonds, LiveLaw reported, citing a compliance affidavit filed by chairman Dinesh Kumar Khara in the apex court.

The unique bond numbers would help match purchasers of the bonds with the political parties that redeemed those bonds.

The details of purchaser include a serial number, URN number, journal date, date of purchase, date of expiry, name of the purchaser, prefix, bond number, denomination, issue branch code, issue teller, and status.

The details of redemption by political parties include serial number, date of encashment, name of the political party, last four digits of the account number, prefix, bond number, denomination, pay branch code and pay teller.

The SBI chairman submitted that the “prefix and the bond number is infact the alphanumeric number”, LiveLaw reported.

In his affidavit, the chairman said that the complete bank account numbers and KYC details of the political parties are not being made public as it may compromise the security of the account. Similarly, KYC details of the purchasers are also not made public. However, they are not necessary for identifying the political parties.

“SBI has now disclosed all details and that no details (other than complete bank account numbers and KYC Details) have been withheld from disclosure,” he said.

The EC has uploaded all the data on its website.

“The Election Commission of India has uploaded the data on electoral bonds on its website as received from SBI on “as is where is basis”. The data as received from SBI can be accessed at this url: https://www.eci.gov.in/candidate-politicalparty,” said the poll body.

The Supreme Court had directed SBI to disclose all electoral bond details, including the unique identification code, by March 21.

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