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Icici Bank Dd !!install!! Info

A Demand Draft is a prepaid negotiable instrument issued by ICICI Bank, guaranteeing payment to a specified beneficiary. Unlike a cheque, a DD cannot bounce due to insufficient funds because the amount is debited from the purchaser’s account (or paid in cash) upfront.

An ICICI Bank Demand Draft (DD) is a secure, prepaid negotiable instrument used for making guaranteed payments to individuals or institutions. Unlike cheques, a DD cannot "bounce" because the bank collects the funds from the applicant upfront. icici bank dd

The charges for issuing a demand draft vary based on the amount and the category of the customer. Up to ₹10,000: ₹50 per DD. A Demand Draft is a prepaid negotiable instrument

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