0
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.
Dortha Miller
Add your answer:
Earn +20 pts
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?
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.
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.
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.
Show a demand draft with a demand draft number?
which one is the dd number on a demand draft
What is the meaning of demand draft and normal draft?
is any future of demand draft
How can you find the DD in Demand Draft?
A DD refers to a Demand Draft. Can you explain on what exactly you want to find in a Demand Draft?
What is bankers name in a demand draft?
The bankers name in a demand draft is the name of the bank from where u purchased the demand draft.
Demand draft drawn on?
the bank from which the demand draft has been made
What is the procedure to cancellation a demand draft?
A Demand Draft can be cancelled by the person who took it provided it has not yet been encashed. You need to visit the bank branch where you took the draft and submit a request in writing, asking them to cancel the draft and refund the money. The bank will accept the request if the draft isn't encashed yet and then cancel the draft and refund the money. The bank may or may not charge you a fee for doing so
What is a demand draft application form?
it is an application used for issuing demand draft
Is crossed demand draft is same as account payee demand draft?
yes
