It is necessary to comprehend banking fees in order to handle finances effectively. One of the top banks in India, Axis Bank, has particular fees for a number of services, including demand drafts (DD). Understanding the Axis bank DD charges can help you budget appropriately if you intend to use a demand draft for transactions.
What are the Axis Bank Demand Draft Charges?
Axis Bank demand draft charges are as follows:
DD payable at correspondent bank locations under desk drawing arrangement is Re 1 per Rs 1000 and min of Rs 25 per DD.
The charges for DD purchased from other banks is actual + Rs 0.50 per Rs 1000 and min of Rs 100 per DD.
DD drawn on Axis Bank branches (cancellation, reissuance or revalidation) is Rs 100 per instance.
DD drawn on correspondent bank branches (cancellation, reissuance or revalidation) is Rs 100 per instance + other bank’s charges at actuals if any.
These are the Axis Bank demand draft charges.
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What is Axis Bank DD Charges?
priya
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2024-10-09T06:34:55+00:00 2024-10-09T06:34:56+00:00Comment
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