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Demand Draft is used by individuals to make transfer payments from one bank account to another. Demand Drafts are marketed as a relatively secure way of cashing checks. The difference between a Demand Draft and a Normal Draft is that a Demand Draft do not require a signature in order to be cashed.

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12y ago

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Related Questions

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.


Demand draft drawn on?

the bank from which the demand draft has been made


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


What do you need to make a Demand Draft?

A Demand Draft is essentially a Cashier's Check (or Pay Order). What is required to make a Demand Draft are two components:Name of the Beneficiary (to which the demand draft would be made)and needless to say, the money for the amount of the demand draft.Your bank may affix additional charges for making a demand draft.


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.


Where is prefix on demand draft?

demand


What is Cash receipt number in demand draft?

The cash receipt number in demand draft is a 6 digit number. The demand draft receipts are issued in India.

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