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)|
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|