A demand draft can also be compared to a cheque. however, some times cheques have bouncing chances in the bank. but demand draft there is no chance of bouncing. Demand drafts can only be made payable to a specified party, also known as pay to order. Demand drafts are orders of payment by a bank to another bank. Demand drafts are also known as Bankers Cheque, as they are payable when presented by sight to the bank. So many government organizations prefer to Demand drafts because In a demand draft there is guaranteed payment by the banker and there is no question of it bouncing. Here you can download Axis Bank Demand Draft Form online download PDF format
We need to following details for filling Axis Bank Demand Draft form :
| Purchaser Details | Beneficiary Details |
| Name | Name of Beneficiary |
| Address | Issue DD on Plance |
| PAN.No | |
| Cheque.No |
↓Download Axis Bank Demand Draft form pdf format
Here sample filled Axis Bank DD form
Axis Bank DD charges :
| Demand Draft | Charges |
| Issue (Payable at Correspondent Bank Locations under Desk Drawing arrangement) | Rs 1.00 per thousand; Minimum Rs 25 per DD |
| Cancellation (drawn on our Bank) | Rs. 75 per demand draft |
| Cancellation (drawn on a correspondent bank) | Other bank charges plus Rs. 125 per Demand Draft |
| Revalidation (drawn on our Bank) | Rs. 50 per demand draft |
| Revalidation (drawn on correspondent bank) | Other bank charges plus Rs. 125 per Demand Draft |
| Duplicate Issuance (drawn on our Bank) | Rs. 50 per demand draft |
| Duplicate (drawn on a correspondent bank) | Other bank charges plus Rs. 100 per Demand Draft |