A demand-draft is a pre-paid instrument, while a cheque is not. In case of a demand draft, there are no chances of a default as the amount has already been paid.

Demand draft charges are not constant and vary from bank to bank and also according to the value of the draft. India’s leading banks usually levy charges varying from Rs 30 to Rs 50 on each ...

Demand Draft charges are not constant, and may vary as per the value of the draft and from bank to bank. DD or Demand Draft is a household name and is as familiar in this country as cheques. In ...

BBMP wants property tax by DD or online payment For cheque payments, receipts will be issued once funds are received Updated - April 01, 2016 07:56 am IST - BENGALURU: Staff Reporter.

Punjab National Bank (PNB) has made changes to some credit-related service costs when it comes to savings accounts, including a minimum average balance, demand draft issue, duplicating DDs ...

PNB revises five savings bank account service charges, minimum balance, locker fees, DD, cheque. By HT News Desk. Sep 04, 2024 03:48 PM IST . Share Via. Copy Link.