Sunday, 10 September 2017

HOW TO MAKE DEMAND DRAFT

HOW TO MAKE DEMAND DRAFT
  1. Just walk into the  bank branch during working hours, request them for a DD. You will get the same irrespective whether its a home branch or not.
  2. You don’t need to have a bank account in Any Bank to apply for a DD (demand draft)
  3. If the amount is more than ₹50,000/- then you need issue a cheque to the bank (from whatever bank your account is). PAN should also be provided in that case. Commission charges payable extra.
you cannot make/apply a DD in cash above ₹49,999/-.
Although if you already have an account in bank then is whole process becomes very easy. Fill the form, and tick account payee. thats it.

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