Electoral Bond Marketplace
We are a Electoral Bond Marketplace which offers hard-working Indian Citizens guaranteed tax-deductible returns in cash
How does it Work?
Every Indian citizen is entitled to buy Electoral Bonds to fund
political parties. There's nothing stopping you from selling
these bonds for someone else's hard earned black money. We
enable a marketplace for such exchanges to make YOU RICHER. The
standard earnings are 5%, but this is negotiable.
You can buy electoral bonds for as little as Rs. 1,000 from
SBI branches in 29 cities between 4-14 October 2023
and get started! Reports showed that the
1cr denomination is most popular (91%), but we're democratizing finance by letting you make your
small money grow BIG.
What are you waiting for? Go visit the SBI branch today to buy
an electoral bond!
All your Electoral Bond purchases are taxation-exempt as well,
please ask your Financial Advisor for more insight on the
same.
Is this Legal?
The EC emphasized that it wants transparency in political funding, while the disclosure of the identity of the funders as well as the recipients of funding is essential for democracy.RBI has raised concerns about our business model as well:
The RBI, through multiple letters to the Finance Ministry, objected to the sale of electoral bonds in scrip or physical form, pointing to a “serious risk of money laundering” as the bonds may pass through multiple hands before being credited to a political party.But the Supreme Court rejected a stay plea plea in 2021.
A five-judge bench of the Supreme Court reserved its verdict in the case challenging the electoral bonds scheme on 2 November 2023.
What Next?
This isn't just it, for the next election cycle, we are
working on additional features:
Buyers: If you don't want to fund a
Political Party, we are in the process of setting up our own
Political Party to make our service end-to-end. Like every other
party in India, we'll be Tax-Exempt and
convert your black money to white operate even faster.
The Election Comission still
doesn't have authority to deregister
parties which exist only on paper and do not field any
candidates, so we're all good to go.
Sellers: We are bringing in Portfolio
Management Services and a Dunzo integration so you can sell your
Electoral Bonds while setting at home. If you write a cheque,
we'll buy the Bond in your name as well.
Made in India, because no other country has such
opaque electoral funding.