Icici Bank Dd Form Link
A Demand Draft is a negotiable instrument issued by a bank on behalf of a customer, directing another bank (or itself) to pay a specific sum of money to the beneficiary. Since the amount is prepaid by the purchaser, there is almost zero risk of the DD bouncing, making it a preferred payment method for institutional transactions.
| Feature | Detail | |---------|--------| | | Branch / online (net banking) | | Key fields | Payee name, city, amount, your account details | | Validity | 3 months from issue date | | Cancellation possible | Yes, with original DD | | Online DD | Yes, via net banking | icici bank dd form