Bank Demand Draft — Icici

Online DD requests are typically available for amounts up to ₹2 lakh. For higher amounts, branch visit may be required.

A demand draft is a type of payment instrument that is similar to a cheque, but with a guarantee of payment. It is a prepaid instrument that is issued by a bank on behalf of its customer, and it is payable on demand.

Rahul had been planning a trip to the United States for months. He had finally booked his flights and hotel, but he still needed to pay his tuition fees for a short course he was enrolled in. The university required him to pay the fees in the form of a demand draft, which was a common payment method for international transactions. icici bank demand draft

The representative informed Rahul that he would need to fill out a demand draft application form and provide the required documents, including his ID proof, address proof, and passport. Rahul submitted the application form and the documents, and the representative asked him to pay the fees in cash.

Rahul had an ICICI Bank savings account and was familiar with their services. He visited the ICICI Bank website and searched for information on demand drafts. He found that ICICI Bank offered demand drafts for international transactions, and the process was relatively straightforward. Online DD requests are typically available for amounts

Students, senior citizens, and rural customers may enjoy discounted rates, such as ₹40 for amounts up to ₹10,000.

To encash an ICICI Bank demand draft, the beneficiary can: It is a prepaid instrument that is issued

A few days later, Rahul received a confirmation email from the university that they had received the demand draft. The fees had been processed successfully, and Rahul was able to join his classes without any issues.