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what is the procedure for the cancellation of demand draft? what is the procedure for the cancellation of demand draft?

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Q: What is the procedure to cancel a demand draft whose validity period has expired?
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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.


Validity of demand draft?

three moths


What is the validity of a demand draft issued by PNB?

6 months


What is the validity of a demand draft issued by uco bank?

3 months


What is the procedure to cancel the demand draft in Indian oversesas bank?

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.


Is it possible to cancel a demand draft in other branches?

no.


What is the Validity period of a demand draft?

Six months unless stated otherwise.


What is the validity of a demand draft issued by central bank of India?

6 months


What is the validity of law and demand?

This is how much the consumer will want the product at a certain price. The higher you price the item, the fewer people who will demand it.


What is the validity law of demand?

This is how much the consumer will want the product at a certain price. The higher you price the item, the fewer people who will demand it.


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 the time period to cancel the demand draft of a bank?

six months