Demand drafts have several features that make them a popular payment instrument:
A Demand Draft is a negotiable instrument issued by a bank (in this case, ICICI Bank) that guarantees the payment of a specific amount to the person or entity named on the draft. Unlike a cheque, a DD cannot bounce due to insufficient funds because the amount is prepaid by the person issuing it.
For exact fees, delivery timelines, and online DD limits, check the latest ICICI Bank fee schedule or log in to iMobile/NetBanking. demand draft icici
Charges typically depend on the amount and the type of account. ICICI Bank DD Charges and Cancellation Fees 2026 - ClearTax
There are three primary ways to get a Demand Draft from ICICI Bank: Demand drafts have several features that make them
Existing customers with activated net banking can request a DD online: Log in to ICICI Bank Internet Banking. Navigate to and select 'Instabanking Services' . Choose 'Request DD/PO' .
You can walk into any ICICI Bank branch to get a DD issued immediately. Charges typically depend on the amount and the
Unlike cheques, DDs do not require the purchaser's signature to be cleared. How to Apply for an ICICI Demand Draft 1. Online via Internet Banking
Fill in details: Payee name, amount, location, and the account to be debited.