turn of the sink while your brushing your teeth and tunrnig your computer/lab top off when your not using it if you are writing something down use both sides of the paper so you can save trees! recycle of course instead of just throwing stuff away, throw it in the recycling bin!
what do u mean by bank drrawn on in demand draft
the bank from which the demand draft has been made
In order to encash or convert a demand draft, you will need to take it to a branch of the bank it was drawn on. The bank will be able to do it for you.
Demand Draft should be drawn in favour of the "Special Officer, CET Cell, Bangalore", payable at Bangalore.
yes.....
Bank Draft mean a check drawn by a bank on its own funds in another bank.
A Demand draft is a cheque like instrument that can be encashed by the person on whose name the draft is drawn. The difference is that you can make a demand draft only after remitting the required funds to the bank. so it is as good as cash. It can be used anywhere you need to remit cash. for example to pay examination fees, monthly payments to your grocer etc.
which one is the dd number on a demand draft
is any future of demand draft
what is mean by MICR Drfat / Checque
The following are the main differences between a cheque and a demand draft: 1. A cheque is issued by an individual, whereas a demand draft is issued by a bank. 2. A cheque is drawn by an account holder of a bank, whereas a draft is drawn by one branch of a bank on another branch of the same bank. 3. In a cheque, the drawer and the drawee are different persons. But in a draft both the drawer and the drawee are the same bank. 4. A Cheque can be dishonored for want of sufficient balance in the account. Whereas a draft cannot be dishonored. Hence there is certainty of the payment in the case of a demand draft. 5. Payment of a cheque can be stopped by the drawer of the cheque, whereas, the payment of a draft cannot be stopped. 6. A cheque is defined in the Negotiable Instrument Act, 1881, whereas a demand draft has not be precisely defined in the NI Act. 7. A cheque can be made payable either to a bearer or order. But a demand draft is always payable to order of a certain person.
A demand draft or a draft in short is a monetary instrument that can be considered as equivalent to cash. It is similar to a cheque but with a difference that it is fully safe because the drawer of the draft has to make the payment in order to get the draft. So, the receiver of the draft can be sure that he will get paid for the draft. That is why most schools and colleges expect payment via demand draft for their exam fees, admission fees etc.