Admin Table of Contents
How can I get DD in Axis bank?
It is drawn on in the name of the bank by a person who wishes to make transfer payment form one bank account to another bank account. Individuals who do not have a bank account can also get a DD made by giving cash.
How can I fill my DD slip in Axis bank?
Details to be Mention in Axis Bank DD Form
- Payee’s Name.
- Branch Name.
- Payable Location.
- Amount.
- Cash details in case when DD are made on cash.
- Cheque details in case when DD are made on cheque.
- And any other details.
What are the DD charges in Axis bank?
Demand Draft
| Demand Draft | Charges |
|---|---|
| Issue (Payable at Axis Bank Locations) | Ad valorem charges : Free Transaction charges : 15 demand drafts free per day: above that Rs. 50 per DD |
| Issue (Payable at Correspondent Bank Locations under Desk Drawing arrangement) | Rs 1.00 per thousand; Minimum Rs 25 per DD |
What is demand draft application form?
A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee). A demand draft can also be compared to a cheque.
Can we request demand draft online?
The demand draft can also be prepared online. The details need to be accurately filled online and the physical demand draft can either be collected from the nearest branch of the issuing bank or can also be mailed to the registered address.
Is cheque required for demand draft?
The Demand Draft can be made by paying the Bank in Cash as well, but for Demand Drafts exceeding Rs. 50,000 the payment should be by cheque only. Quoting your PAN No. is also necessary in case the value of the DD is more than Rs. A Draft is normally prepared in the Indian Currency i.e. Rupees.
How do I deposit a demand draft?
How to Encash Demand Draft
- The person who receives the demand draft has to present the draft to his/her bank branch.
- The bank asks for specific documents to initiate the payment procedure.
- Once the documents are verified, the amount is transferred to the bank account of the individual.
What is axaxis bank demand draft form?
Axis Bank Demand Draft form A Demand Draft or DD is just a prepaid tool where the mentioned amount is given by the bank instead of the distinct drawer’s accounts. It’s drawn on in the name of their bank by someone who wants to earn transfer payment sort one bank account to a bank accounts.
How to request for demand draft in Axis Bank internet banking?
After that click on Services which you will find on the upper menu of your iConnect (Axis Bank Internet Banking) interface. You will get a drop down menu, from that menu click on Request for and then click on Demand Draft. You can refer the image embedded below for more clarity on where you have to click.
What is a demand draft (DD)?
A Demand Draft or DD is just a prepaid tool where the mentioned amount is given by the bank instead of the distinct drawer’s accounts. It’s drawn on in the name of their bank by someone who wants to earn transfer payment sort one bank account to a bank accounts. Those who do not own a bank account can also receive a DD made by giving cash.
How to apply for Prime savings account in Axis Bank?
To apply for the Prime Savings Account, submit the completed application form along with the necessary documents at your nearest Axis Bank branch. You can download your Prime Savings Account Application form here.
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