Candidate will lose Deposit in Lok Sabha Election, if?
If a candidate failed to secure 1/6the of total valid votes will lose his deposit money. This term is also known as “Jamanat Jabt“.
As per Sec. 34 (1) (b) of the R.P Act 1951, a general candidate for contesting an Assembly election will have to make a security deposit of Rs. 10,000. A candidate belonging to Scheduled Caste / Tribe will have to make security deposit of Rs. 5,000/-.
If defeated candidate who fails to secure more than one sixth (1/6) of the valid votes polled in the constituency will lose his security deposit.