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the bank from which the demand draft has been made

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13y ago

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What do you mean by drawn on in the case of a demand draft?

what do u mean by bank drrawn on in demand draft


How do you encash Demand draft?

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.


For what name you have to issue demand draft for karnataka cet?

Demand Draft should be drawn in favour of the "Special Officer, CET Cell, Bangalore", payable at Bangalore.


Purpose of demand draft?

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.


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.


What is the difference between demand draft and cheque?

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.


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 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