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A Demand Draft (DD) is a secure method of payment used when the payee requires guaranteed funds. Unlike a cheque, a DD cannot bounce due to insufficient funds because the amount is debited from your account immediately upon issuance.
If you don't use the DD, you must return the physical copy to an ICICI branch to get a refund (minus a small cancellation fee). icici dd form download
A: Yes, you can visit the official ICICI Bank website, go to the "Customer Service" or "Forms" tab, and download the generic application form. However, branches often reject downloaded forms if they lack specific barcodes used for processing. It is safer to pick one up at the branch. A Demand Draft (DD) is a secure method
Unlike a cheque, a DD cannot "bounce" because the funds are prepaid to the bank. This makes it a preferred choice for high-value transactions. Do you need to know the current service charges ? A: Yes, you can visit the official ICICI
Navigate to the 'Form Center' under the 'Personal Banking' tab on the ICICI Bank website. Look for the "Request for Demand Draft/Pay Order" PDF.
Most ICICI customers no longer need the physical form. You can generate a DD online and have it delivered to your doorstep or print a "Pay Order" (valid only locally).