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A demand draft is a secure method for transferring funds from one bank account to another. Unlike standard checks, demand drafts do not require a signature to be cashed, offering a streamlined and reliable payment option.
Your Bank, Your Branch, Your Convenience
Charges for Demand Draft and Related
Services
Demand Draft (I.B.C / O.B.C)
1. Up to Rs.10,000: Rs.20
2. Above Rs.10,000: Rs.1.00 per thousand
Duplicate Demand Draft / Pay Order
Charge: Rs.100 (with indemnity required)
Cancellation of Duplicate Demand Draft
Charge: Rs.100
Real-Time Gross Settlement (RTGS)
For transactions from Rs.1 lakh to Rs.5 lakh: Rs.25 per transaction
National Electronic Funds Transfer (NEFT)
For transactions above Rs.1 lakh: Rs.25 per transaction
Our demand draft services are designed to provide a convenient, efficient, and high-quality banking experience, comparable to world-class standards.