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You can walk into any bank's branch and ask them for a demand draft requisition form. Once you fill the form and pay the money required the bank will issue you the DD you wanted. If you are a customer with the bank, they might charge you a little less for the DD fee but that does not prevent you from getting a DD from any bank.
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What is the procedure to cancel a demand draft whose validity period has expired?
what is the procedure for the cancellation of demand draft? what is the procedure for the cancellation of demand draft?
How do you write Letter for issue of demand draft?
how to write letter for demand draft issue
What is the procedure if the Demand draft is lost and expired?
Lost: Contact the bank that issued the draft and submit a letter in writing stating the DD number and ask them to cancel the draft because it was lost. You may ask the bank to re-issue a fresh draft for which they will charge a fee. Expired: The only thing you can do is contact the person who gave you the draft and ask them for a new draft.
What is the procedure if the Demand Draft is lost?
You can do something about the lost draft if you have the demand draft number. visit the branch where you took the draft and provide them the draft number. Also give them a letter with the draft details (on whose name you took the draft, the date, draft number, amount, payable city etc) and tell them that the draft is lost. As a first step, ask them to block the draft so that, the draft cannot be cashed by someone. As the next step, ask them to either cancel the draft and pay you money or re-issue a fresh draft.
What is procedure if the demand draft is lost?
You can do something about the lost draft if you have the demand draft number. visit the branch where you took the draft and provide them the draft number. Also give them a letter with the draft details (on whose name you took the draft, the date, draft number, amount, payable city etc) and tell them that the draft is lost. As a first step, ask them to block the draft so that, the draft cannot be cashed by someone. As the next step, ask them to either cancel the draft and pay you money or re-issue a fresh draft.
Can a bank issue bearer demand draft?
no,because bearer draft is like a currency which can be issue only by rbi hence cant be issue bearer
What is difference between manager's cheque and a demand draft?
manager's cheque is issue by you and bank draft is issue by bank on behalf of the customer And the money is more secured.
Can stop payment of demand draft is possible in India?
To stop demand draft is difficult. A payee can only issue a complaint if draft is lost or destroyed. The issuer bank can then submit a lost or stop payment against the draft and will often re-issue a new one.
What is your position on the issue of registering women for the draft?
All for it
Can you return a demand draft taken by you 6 months after issue date?
It is possible either for revalidation or cancelling the draft.
What is the difference between a protocol and a procedure?
Protocol is an original draft of a document or rules governing affairs of occasions. A procedure is something specific that has to be followed.
How many days a demand draft issued in SBI is valid?
Normally a Bank Demand Draft is valid for 6 months from the date of issue.
