Demand Draft
| Demand Draft | Charges |
|---|---|
| Issue (Payable at Axis Bank Locations) | Ad valorem charges : Free Transaction charges : 15 demand drafts free per day: above that Rs. 50 per DD |
| Issue (Payable at Correspondent Bank Locations under Desk Drawing arrangement) | Rs 1.00 per thousand; Minimum Rs 25 per DD |
How much does a DD cost?
Verify your mobile
| Demand Draft Amount | Demand Draft Charges |
|---|---|
| Up to Rs. 5,000 | Rs. 25 |
| Rs. 5,000 to Rs. 10,000 | Rs. 50 |
| Rs. 10,000 to Rs. 1 lakh | Rs. 5 per thousand or part thereof. (Minimum Rs. 60) |
| Above Rs. 1 lakh | Rs. 4 per thousand or part thereof. (Minimum Rs. 600 and maximum Rs. 2,000) |
How can I get DD from Axis Bank?
Individuals who do not have a bank account can also get a DD made by giving cash. On the other hand, individuals who have a bank account can get a demand draft issued by their banks through cash, cheque, phone banking as well as net banking.
What is minimum balance in Axis Bank?
Rs.25,000 per month
Under the account, you have the option to either spend or maintain a balance (minimum) of Rs. 25,000 per month. You will receive a 5% cashback on travel, shopping, entertainment, and food spends on the weekend.
What is the DD commission charges in HDFC?
Enclosed below are HDFC Bank Premium Salary Account fees and charges
| DD/MC Charges Through Branch | |
|---|---|
| Free upto Rs.25,000 Above Rs. 25,000 Rs.5 per 1000 (min Rs 75/- & max Rs. 10,000) | |
| DD request through Netbanking | |
| Upto Rs. 10 Lakh | Rs .50+(Corr. Bank charges if applicable) |
How much is charge for DD drawn on Axis Bank?
Demand Drafts purchased from other banks Min Rs.50 per DD DD drawn on Axis Bank branches- Cancellation , Reissuance or Revalidation Rs.50/- per instance DD drawn on Correspondent Bank branches- Cancellation , Reissuance or Revalidation Rs.100/- per instance + charges Signature Verification Certificate Rs 100 per verification
When do you have to pay Axis Bank fees?
*Transactions include Cash transactions at branch, Outward clearing, Fund transfer, RTGS/NEFT & remittances.Charges are levied if account is closed between 14 days and 1 year. No charges would be levied if account is closed within 14 days of account opening or after 1 year. GST applicable on the above charges will be additional.
Can you request demand draft in Axis Bank online?
DDs will not be dispatched to the overseas location. DD courier facility is available only for domestic locations. So this was how you can request demand draft in Axis Bank online, I hope you are clear with everything mentioned in this guide.
How much is the MSF of Axis Bank?
Monthly Service Fee (MSF) of Rs.10 for every Rs.100 shortfall in required balance or Rs.600, whichever is lower, with a minimum charge of Rs.150. Waived off if AMB is maintained. Monthly Service Fee (MSF) of Rs.10 for every Rs.100 shortfall in required balance or Rs.300, whichever is lower, with a minimum charge of Rs.150.
