Can I get DD without bank account?
Demand drafts are issued by the banks regardless of the bank accounts of the drawer.
A DD can be issued either against money paid by a cheque or in cash.
Demand draft issuance through cheque requires a bank account..
Can we make DD online SBI?
Procedure to issue Demand Draft via Online Mode Log in to the SBI’s website at with your Internet banking credentials. After successful login click on the “Payments/Transfers” tab. Click on the “Issue Demand Draft” option under “Other Payments/Receipt”. Select the account which has to be debited.
Can we make DD in any bank?
Bankers cheque can be cleared in any branch of the bank provided it comes under the local jurisdiction, but Demand Draft can be cleared at any branch of the same bank irrespective of the city.
Can we make DD online HDFC?
Process for Issuing Demand Draft Online through HDFC Net Banking. After logging in with the details, the balance amount should be checked before proceeding any further. Click on “Make Demand Draft” option to proceed further.
Can we make DD through cash?
The Demand Draft can be made by paying the Bank in Cash as well, but for Demand Drafts exceeding Rs. 50,000 the payment should be by cheque only. … However, in case you are required to make the payment in foreign currency, a draft can be prepared in foreign currency as well.
Which bank has less DD charges?
**Applicable at bank branches in India. DD is free if you use HSBC internet banking. 25% of Rs. 100 if you do it through HSBC phone banking.