There is no doubt about the fact that Punjab National Bank has been considered to be one of the most famous banks for sure. This financial organization has been helping out the customers and the clients in the best way and has been making a lot of names in the banking sector for sure. There are so many different services available to the customer right here.
The Demand Draft service, for example, is one of the most amazing options that people have. The people who have their account in the bank always prefer to ask for the demand draft of the payment that they tend to make and we are going to talk about it a little bit right here. So, make sure that you are reading this carefully.
Demand Draft Charges In Punjab National Bank
When it comes to the demand draft, it is one of the most common things that people choose when they are in PNB. This is basically a negotiable instrument that is issued by the Punjab National Bank and that too on the behalf of the person who is drawing the amount.
The amount will direct some other bank or any other branch of the same bank to make the payment of a certain amount of money which is stated clearly in the draft that the payee has. These demand drafts are a bit different from the cheques because these are pre-paid and that is one of the best things for sure.
Latest PNB Demand Draft Charges
| Amount Range | For Non-Individuals | For Individuals in Semi-urban, Urban & Metro Branches | For Individuals Rural branches, Sr. Citizens & Pensioners |
|---|---|---|---|
| Drafts up to Rs.10000 | Rs. 50 | Rs. 50 | Rs. 50 |
| Draft above Rs.10000 to Rs. 1 Lac | Rs. 4.00 per Rs.1000 Max. Rs. 15000/- | Rs. 4.00 per Rs.1000 Max. Rs. 15000/- | Rs. 4.00 per Rs.1000 Max. Rs. 15000/- |
| Draft above Rs. 1 Lac | Rs. 5.00 per thousand or part thereof, Minimum Rs. 600 Maximum Rs. 15000 | Rs. 5.00 per thousand or part thereof, Minimum Rs. 600 Maximum Rs. 15000 | Rs. 5.00 per thousand or part thereof, Minimum Rs. 600 Maximum Rs. 15000 |
| Against tender of Cash (Below Rs. 50000) | @50% of over and above normal charges | @50% of over and above normal charges | @50% of over and above normal charges |
PNB Demand Draft Cancellation Charges:
| Amount Range | DD Cancellation Charges |
|---|---|
| Revalidation or Cancellation Charges | Rs. 150 |
| Issuance of Duplicate Draft | Rs. 150 |
Updated: 2 March 2024
The drawer needs to make sure that he/she knows all about the demand draft charges in order to make the transaction in the best way. The demand draft charges for Punjab National Bank are provided on the official website in detail. The person has to pay the demand draft charges so that they can issue their demand draft without any trouble.
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