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3 months w.e.f 1st April 2012

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11y ago

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Related Questions

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

3 months


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

6 months


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

It is valid for 6 months from the date of issue.


Current account Demand draft charges in icici bank?

minimum Rs.20000/- charges dd commission Rs.39


Who is drawee bank in demand draft?

A demand draft is a type of check that contains the buyers account number but not their signature. The drawee bank in a demand draft is the branch of a particular bank.


Demand draft drawn on?

the bank from which the demand draft has been made


How can you find demand draft number in Syndicate bank draft?

The demand draft is another name for a tele-check. The demand draft number through a Syndicate bank draft is usually found at the bottom of the check.


How do you get serial number from state bank of mysore demand draft?

demand draft number in state bank of mysore


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.


Is bank draft and demand draft same?

yes


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

Any demand draft/ bankers cheque is normally valid for a period of six months from the date of issue. However if the demand draft is presented after the validity period, the bank still pays it, so long as the bank still holds that amount in its custody, by simply updating the validity, and may be cashed any given time. It may charge a small sum if the amount is above a particular slab. So therefore for all practical purposes the DD or bankers cheque remains still valid, any given time so long as the bank holds the amount and is the custodian of the amount, on behalf of the payee.


Is bank draft and demand draft mean the same?

yes.....

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