Banks deduct the applicant's account only for DD fees and any corresponding bank fees. A draft is revoked and funds are credited to an applicant's account if DDs are found undeliverable from the beneficiary's address.Bank does not charge your account in any way. Any DD that has an overseas address or to a recipient address where service is not available results in cancellation of the draft and banks sends the credit back to the applicant's account.
Only Indian locations are covered by DDs.If demand drafts have their beneficiaries in Ghaziabad, Faridabad, Gurgaon, or Sonepat, HDFC Bank recommends entering New Delhi in the state and city fields in the 'Payable at' section.Within 3 to 5 working days, DDs are delivered to the mailing ID or beneficiary's address as provided. Banks process all demand draft requests the following working day.Features of HDFC Bank Demand Draftįollowing are some key characteristics of an HDFC Bank demand draft: *Note: Charges updated as of 14th November 2022. ₹50 + correspondent bank charges in case applicable
₹50 + correspondent bank charges if applicableĭD Request through Netbanking up to ₹10,00,000 ₹5 per ₹1,000 or part thereof (minimum ₹50 and maximum ₹10,000 *By signing up you agree to our Terms and Conditions Types of DD
