When we are talking about the important banks and the services that they are providing to the people in the best way, there is one name that always comes to the minds of the people. Axis Bank is one of the prestigious banks that provide amazing services from online banking to many other options for the people who have or don’t have their bank accounts in the bank.
Well, here we are going to talk about one such important service that most people tend to go for these days. Have you ever heard of the demand draft service? If you haven’t then this is the right place to know about it.
What Is Demand Draft?
A demand draft from a particular bank can be defined as the negotiable instrument that the drawer has to pay to the bank after which the bank will issue the proof. There is a certain amount that the person has to pay to the bank in order to get the demand draft.
After the completion of that particular process, the bank will then ask for some help from other banks or some other branch to make the payment. After that, the demand draft should be issued to the customer. The same is the case with the Axis Bank demand draft as well.
The people who already have their accounts on Axis Bank can make the payment with their accounts. However, for those people who don’t have an account with Axis Bank, there is always the option of paying through cash.
Demand Draft Charges In Axis Bank
| Title | Charges |
|---|---|
| Axis Bank DD Issuance Charges |
|
| Axis Bank DD Cancellation Charges | Rs. 75 Per demand draft |
| Axis Bank DD Revalidation Charges | Rs. 50 Per demand draft |
| Axis Bank charges for duplicate dd issuance | Rs. 50 Per demand draft |
Updated: 11 March 2024
In the case of Axis Bank, there is a certain amount of fee that the drawer has to pay the bank in order to avail of the demand draft in the first place. This is known as the demand draft charges. The details about calculating the demand draft charges of Axis Bank are provided on the official website of the bank.
This post was last modified on Mar 11, 2024 4:29 pm