Download Axis Bank Demand Draft DD Form PDF
You can download the Axis Bank Demand Draft DD Form PDF for free using the direct download link given at the bottom of this article.
|File name||Axis Bank Demand Draft DD Form PDF|
|No. of Pages||1|
|File size||215 KB|
|Date Added||Jun 18, 2022|
Axis Bank Demand Draft DD Form
A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client, directing another bank or one of its own branches to pay a certain sum to the specified party. A demand draft can also be compared to a cheque. DD is used to transfer money by an individual from one city to another person in a different city. Pay order are pre-printed with “NOT NEGOTIABLE”. Pay order to be cleared in any branch of the same city. DD can be cleared at any branch of the same bank.