[DD] Demand Draft Form 2022 PDF

Friends, you must have heard about your DD meaning demand draft form. It is a type of negotiable instrument, which is used by one person for payment to another person or institution etc. Still many people know what is Demand Draft (DD)? And what does it work for? So today we will provide you all the information related to Demand Draft in detail in our article as well as provide you the links to download the Demand Draft Application Form PDF of all the banks. For this, you have to read this article of ours carefully till the end.

Demand Draft Form PDF

Article/Form   Demand Draft Application Form
Issuer  Issued by all banks
Benefits  Money Transfer Facility
 Beneficiaries  All account holders
 Purpose   To transact money easily
Application Form PDF   Provided Below in the Article (All Banks)

Benefit

There are many benefits of sending money through demand draft which is as follows-

  • No payment is ever canceled by demand draft and the beneficiary gets the money by depositing the draft in the bank.
  • Like if you want to go on a trip and you are afraid of carrying more money, then you can make a demand draft and take it with you.
  • Even without a bank account, you can easily make your payment by making a demand draft.

Demand Draft Fees

The bank charges an additional fee for providing this facility. In 2007, the Reserve Bank of India (RBI) had fixed a fee for this facility, but its fee varies from time to time. Different banks have different charges for making demand drafts. For example, you can see the list below.

Demand Draft Amount   Demand Draft Fee
Rs 5000 up to Rs 25
Rs5,000 to Rs 10,000 Rs 50
Rs 10,000 to Rs 1 lakh Rs 5 per thousand or part thereof (minimum Rs 60)
Rs 1 lakh Rs 4 per thousand or part thereof.
(Minimum Rs 600 and Maximum Rs 2,000)

Download Bank Wise Demand Draft Form PDF

Here we are providing you the links to download the Demand Draft (DD) application form of all the banks.

Bank DD Application Form PDF
Axis Bank DD Form PDF Download
Indian Bank DD Application Form PDF Download
HDFC Bank DD Form Download
 ICICI DD Application Form Download
 IDBI DD Application Form Download
 SBI DD Application Form PDF Download
 PNB Demand Draft Form PDF Download

 

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