answersLogoWhite

0

How can you know dd detail?

Updated: 9/24/2023
User Avatar

Wiki User

10y ago

Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How can you know dd detail?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Where is DD no written on Syndicate Bank DD?

On the top of the DD, one box will be there with Sl no. followed by digits.


Can you chack your payment detail through mu bisp form no?

i want to know bisp form detail plz cheek this no 11960807


Does a Demand Draft in India guarantee the recipient the money Is there a circumstance under which the buyer can give me a DD that I cannot convert into cash at the bank Or does DD equal Cash?

If the DD is from an authentic bank and is addressed to the payee then its as good as cash. To get a DD people have to pay cash ahead of time which guarantees the money. To cash a DD the recipient should have a bank account. To know more or order demand draft online you can check this link on Indolegal demand draft service. http://www.indolegal.com/corporate-services/demand-draft-india-1.html


Is bank demand draft equivalent to cash?

Yes. It is almost equal to cash. A Draft is an instrument where the DD issuer has to pay the corresponding cash to the bank for the DD to be issued. Hence the DD receiver can treat it almost as good as cash. It can be cashed in one working day or lesser. Note: In cases where the DD issuer issues a stop payment or DD cancel request - the DD has no value.


How do you find the dd no?

DD Number is usually printed in the front of the DD on the bottom panel of the draft. The exact location might vary from bank to bank, but it can be easily identified. In most cases the term "DD No:" is added as a prefix before the DD Number for easiy identification. If you cant find it, call up your bank customer care and they will help you with it.