What means DD number?

A DD number or draft number is a serial number printed on the left bottom of the draft. The DD number is a serial number similar to a cheque number. Each bank has its unique series of DD numbers. DD number plays an important role in the case of a stolen draft.

What is bank DD?

A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain sum to the specified party (payee).

Where is DD number in demand draft of PNB?

Demand Draft is a 6 digit number located at the bottom left of the leaf within “123456”. Check on the bottom of DD the first number (6 digits) that appears below the dotted line is the draft number. You can visit the branch of PNB at your place and get the application form.

What is the DD number used for?

DD is an abbreviation for Document Discriminator. A number of states started adding this piece of information to their driver’s licenses several years ago. The DD is a security code that identifies where and when the license was issued. It, thus, uniquely identifies each card for a given individual.

Can we make DD in any bank?

Demand drafts are issued by the banks regardless of the bank accounts of the drawer.

How do I find my DD number?

The DD number is right there in your demand draft, at the bottom of the check. At the bottom left hand side you will see a long number, however you don’t need to enter the entire number when asked for the DD number. This is only a small part of that big number. So, in this case the DD number will be 876439.

How long is DD valid?

3 months
As per the Reserve Bank of India’s (RBI) guidelines, a demand draft is valid for 3 months from the date when the draft was issued by the bank. After the third month, you can re-validate the DD upon written request to the issuing bank.

Can DD be encashed in any bank?

It can be cleared at any branch of the same bank. It can be cleared at any branch of the same city.

How long does DD clearance take?

The time frame or the clearing time of a DD varies between banks. They are usually cleared within half an hour, or by the end of the working day. Some banks can take up to three working days. Also, if the DD is for a large amount, it will only be credited to a bank account and not provided as cash.

How long does DD take to clear?

Can we make DD online?

The demand draft can also be prepared online. The details need to be accurately filled online and the physical demand draft can either be collected from the nearest branch of the issuing bank or can also be mailed to the registered address.

What if DD is lost?

You need to submit a form and furnish the original DD for revalidation. If the DD is lost or stolen, you can get a duplicate DD issued at a charge of Rs. 200 + GST. You will need to submit a copy of the DD, your ID, and a form to avail this service.

Where to find demand draft number on a DD?

DD Number is the first ‘6 digit number’ located at the bottom of the Demand Draft. Most of the banks follow the same procedure.

When is the validity of a demand draft number?

The validity of a demand draft is currently 3 months from the date of issue of the DD. If you want to track the status of the DD, visit your bank and find out if the DD was encashed or not.

What do you need to know about the DD number?

The DD number is especially useful when the draft is stolen or lost. This can also be used to find out if the DD was encashed by the payee and helps in keeping records of your payments. It may be noted that banks have unique DD numbers to differentiate themselves from other banks.

What do you need to know about demand draft?

You need to input some important details such as your mode of paying for the draft (cheque or cash), the name of the beneficiary, the place of encashing the draft, cheque number, your bank account number, signature, etc. You would also have to provide your PAN card details if you are paying more than Rs. 50,000 by cheque.

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