how to make a DD in bank
A lot of students and even professionals face difficulty while making a demand draft. The demand draft is used to transfer money from one bank account to another. As students are required to make a demand draft to pay their college fees, you may need to make a demand draft to send some money to your friend or for any business purpose.
So without getting any further due, let's hop to the main point. In order to make a demand draft, we need to fill 2 forms. The one is a cheque and the other is the demand draft form.
ALERT: Before filling any of these forms you should have the following details!
You must know the amount to be transferred.
You must know the College name where you have to transfer the money!
You must know the bank code for your college.
Cheque part:
Fill in the date, amount, Pay yourself
Also, you must know where is the cheque number. The left bottom number of 6 digits is the cheque number. After making the DD, you may need to fill this cheque number.
That's it and you are done with filling the cheque.
DD form:
Here you must know the college name in whose favor we have to make the demand draft. Like in my case there was a column
Pay in favor of Dr. Akhilesh Das Gupta Institute of Technology & Management
In my case, I have to make the dd in favor of my college. so, I wrote my college name.
Then you must know the IFSC code of that bank- Like in my case it was 00625.
ALERT: The code number is written on the demand draft. So if you have your previous dd, then you can get that code number from that dd.
Apart from this, all other columns will ask for basic details which anyone can fill.
so that is it! Submit the cheque and the dd form and you can get the demand draft that day. It is merely a process of 10 minutes.
You can make the dd online on onlinesbi.com. I will write a separate post on it soon.
Labels: Banking
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