These are the fees deducted from your account when you create a DD.
A Demand Draft (DD) remains a vital financial instrument for secure, high-value transactions like university admissions or property purchases. If you are an ICICI Bank customer or looking to issue a DD through them, understanding the latest fee structure is essential to avoid surprises. icici bank dd charges
| Bank | DD up to ₹10,000 | |------|------------------| | ICICI | ₹50 + GST | | HDFC | ₹70 + GST | | SBI | ₹25 + GST (for self-account) | These are the fees deducted from your account
₹100 per instance. Note that a DD is valid for 3 months from the date of issue. | Bank | DD up to ₹10,000 |
₹100 per instance (plus GST) if the 3-month validity period has expired.
| DD Amount | Charges | | :--- | :--- | | Up to ₹10,000 | ₹100.00 | | ₹10,001 and above | ₹300.00 |
A Demand Draft (DD) is a pre-paid negotiable instrument used for secure fund transfers, especially when payee details are fixed (e.g., exam fees, property payments). ICICI Bank, one of India’s leading private sector banks, levies specific charges for issuing DDs, which vary by customer segment (regular vs. privilege banking), issuance channel (branch vs. internet banking), and draft amount.