GST No.: 24AABAT4356N1Z6               

Demand Draft Facility

Demand Draft is way for remitters to transfer money


A demand draft is more secure than a normal cheque as it can only be credited to a specific payee's account, and a customer can only be reimbursed under indemnity if the draft is lost or stolen.

Transactions Charge
The structure of charges that can be levied on the customer for Demand Draft is given below:

Charges of Pay Order   

  • Rs. 1/- to Rs. 10000/-    : Rs. 50 (+GST)
  • Rs. 10001/- to Rs. 50000/-    : Rs. 100 (+GST)
  • Above Rs.50000/- : Rs.2/- Per Thousand Maximum Charge Rs. 2500/- (+GST)

Charges of Demand Draft

  • Rs. 1/- to Rs. 10000/-    : Rs. 50 (+GST)
  • Rs. 10001/- to Rs. 50000/-    : Rs. 100 (+GST)
  • Above Rs.50000/- : Rs.2/- Per Thousand Maximum Charge Rs. 2500/- (+GST)