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Demand Draft Charges In Icici | Bank

When you need to make a secure payment to a institution or individual where cheques aren't accepted or digital transfers aren't preferred, a Demand Draft (DD) remains a reliable option. If you hold an account with ICICI Bank, here is a detailed breakdown of the charges you can expect to pay.

Table_title: ICICI Bank Demand Draft Charges Table_content: header: | Type of Demand Draft Issue | Charges | row: | Type of Demand... Paisabazaar Common-Service-Charges Ty LLV | PDF | Debit Card - Scribd Statement 50 per statement through Customer Care (IVR), ATM and Net. banking. Issue of pass book Nil. Issue of duplicate Rs 100 fo... Scribd 6 sites ICICI Bank DD Charges and Cancellation Fees 2025 - ClearTax Jan 1, 2025 —

| Draft Amount | Charges (INR) | GST (18%) | Total Payable (INR) | | :--- | :--- | :--- | :--- | | Up to ₹10,000 | ₹50 | ₹9 | ₹59 | | ₹10,001 – ₹1,00,000 | ₹75 | ₹13.50 | ₹88.50 | | Above ₹1,00,000 | ₹3 per ₹1,000 (min ₹100) | 18% of charge | Variable | | Non-ICICI Bank DD (collection) | ₹150 – ₹250 + courier | 18% | Variable | demand draft charges in icici bank

ICICI Bank’s demand draft charges are market-aligned for a private sector bank—moderately priced for account holders and punitive for non-account holders to encourage banking relationships. While DDs retain niche utility, their high operational cost (printing, manual signing, courier) makes them increasingly less attractive compared to instant, low-cost digital alternatives. Customers should evaluate the necessity of a DD against NEFT/RTGS/IMPS, and banks like ICICI continue to de-emphasize DDs by raising fees incrementally each year.

For most regular Savings Account holders, ICICI Bank categorizes its DD charges based on the transaction amount. When you need to make a secure payment

Not everyone has to pay for a Demand Draft. ICICI Bank offers concessions or complete waivers for specific account types and customer segments.

As of May 2026, calculates demand draft (DD) charges based on the transaction amount and the customer's profile, such as senior citizen or student status . For most standard savings account holders, the issuance fee begins at ₹50 for amounts up to ₹10,000 and transitions to a percentage-based model for higher values. Core Demand Draft Issuance Charges Paisabazaar Common-Service-Charges Ty LLV | PDF | Debit

A Demand Draft is typically valid for 3 months. If the validity has expired, the beneficiary can request a revalidation to extend the validity.