IndusInd Bank offers demand draft (DD) services as a reliable means of transferring funds securely. The IndusInd Bank DD charges for issuing a demand draft vary depending on the amount and the location where the DD is being drawn.
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What are DD Charges IndusInd Bank?
Below is a breakdown of the typical DD charges at IndusInd Bank:
For DDs:The charge is approximately ₹3 per ₹1,000 or part thereof. This means, for a DD of ₹50,000, the charge would be ₹150. This is for the corresponding bank.
Additional Charges:
Outstation DDs - If the demand draft is drawn on a branch that is not the home branch, or outside the city of the issuing branch, additional charges might apply. These fees can vary, so it's advisable to confirm with the branch.
Cancellation or Revalidation of DD: IndusInd Bank usually charges a fee for the cancellation or revalidation of a demand draft, which can be around ₹100 and ₹50 per DD, depending on the amount and the bank’s policies.
In certain cases, such as for senior citizens or specific customer segments, the bank may offer discounts or waive some of the DD charges. It's recommended to inquire directly with the bank for any available concessions.
For large transactions, customers might consider electronic transfer methods like NEFT, RTGS, or IMPS, which could be more cost-effective compared to DDs, depending on the amount. This is all about DD charges in IndusInd Bank.
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What is IndusInd Bank DD Charges?
Anjali
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8 months
2024-09-12T23:27:10+00:00 2024-09-29T10:33:41+00:00Comment
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