The Central Bank of India DD charges based on the value of your draft. Demand drafts are a reliable and widely used method for transferring funds securely. The charges for issuing a DD at the Central Bank of India are generally categorised by the amount of your draft. Below is a general breakdown of the typical charges given for your guidance.
What are the Central Bank of India Demand Draft Charges?
For DD Amounts Up to Rs. 10,000: A flat fee of Rs. 50 is generally charged for issuing demand drafts of up to Rs. 10,000. This charge is fairly standard across most banks for smaller DD amounts.
For DD Amounts Above Rs. 10,000: The bank charges around Rs. 4 per Rs. 1,000, with a minimum charge of Rs. 50 and maximum of Rs. 15,000.
Against tender of Cash (Below Rs. 50000/-): @50% of over and above normal charges (as mentioned above).
Additional Charges: If you request a duplicate DD or require revalidation of an expired DD, additional charges apply. The fee for issuing a duplicate or revalidating a DD is typically Rs. 100, depending on the branch and circumstances.
These Central Bank of India demand draft charges may vary slightly based on the branch or location, so it's always advisable to check with the specific Central Bank of India branch for exact fees.
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Central Bank of India DD Charges?
shagun
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2024-09-19T07:57:17+00:00 2024-09-19T07:57:18+00:00Comment
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