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No. A Savings account is not a mandatory requirement to get a demand draft from Axis Bank. You need to carry the following details:

  1. Your Name & Identification proof (Passport, Driver's License etc. - Anyone would suffice)
  2. The person to whom the DD must be payable to (The receiver)
  3. The Amount (You need to carry cash for the same)
  4. The Commission Charges (The charges for issuing the DD)

Once you fill up a form for getting the DD with the details you can submit it to the bank teller and deposit the cash. They will also take a DD issuing charge and then issue the DD in 15-20 mins time.

However, if you have a bank account with Axis Bank, the commission charges you need to pay will be comparatively lesser than what you may have to pay if you are a non-customer.

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14y ago

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