Latest Axis Bank Demand Draft Charges 2024

When we are talking about the important banks and the services that they are providing to the people in the best way, there is one name that always comes to the minds of the people. Axis Bank is one of the prestigious banks that provide amazing services from online banking to many other options for the people who have or don’t have their bank accounts in the bank.

Well, here we are going to talk about one such important service that most people tend to go for these days. Have you ever heard of the demand draft service? If you haven’t then this is the right place to know about it.

What Is Demand Draft?

A demand draft from a particular bank can be defined as the negotiable instrument that the drawer has to pay to the bank after which the bank will issue the proof. There is a certain amount that the person has to pay to the bank in order to get the demand draft.

After the completion of that particular process, the bank will then ask for some help from other banks or some other branch to make the payment. After that, the demand draft should be issued to the customer. The same is the case with the Axis Bank demand draft as well.

axis bank dd charges 2020

The people who already have their accounts on Axis Bank can make the payment with their accounts. However, for those people who don’t have an account with Axis Bank, there is always the option of paying through cash.


Demand Draft Charges In Axis Bank

Title Charges
Axis Bank DD Issuance
  • Upto Rs. 10000 – INR. 50
  • Rs. 10000 – Rs. 20 Lakhs- IRS. 5 per 1000 (min Rs 75 max Rs. 7500)
  • Rs. 20 Lakhs – Rs. 1 cr – INR. 5 per 1000 (max Rs. 10000)
  • Above RS. 1 cr – Rs. 5 per 1000 (max Rs. 15000)
Axis Bank DD Cancellation Charges Rs. 75 Per demand draft
Axis Bank DD Revalidation Charges Rs. 50 Per demand draft
Axis Bank charges for duplicate dd issuance Rs. 50 Per demand draft

Updated: 11 March 2024

In the case of Axis Bank, there is a certain amount of fee that the drawer has to pay the bank in order to avail of the demand draft in the first place. This is known as the demand draft charges. The details about calculating the demand draft charges of Axis Bank are provided on the official website of the bank.

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