Download PNB Demand Draft Form PDF for free using the direct download link given at the bottom of this article.
PNB Demand Draft Form
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 a unique series of DD numbers. DD numbers are usually not considered of much importance but they come in handy in the event of a lost or stolen draft.
Customers may remit funds from one center to another center by RTGS, NEFT/EFT and Demand Drafts by paying specified charges
Demand Drafts for Rs 50,000/- and above will be issued by the banks only by debit to the customer`s account or against cheques or other instruments tendered by the purchaser and not against cash payment. Similarly, such payments for Rs 50,000/- and above will be made through banking channels and not in cash.
Before taking delivery of the drafts, the customer is to verify that the draft is complete in all respects including a signature of the official(s) along with their specimen signature numbers at the place provided for.
The drafts can be revalidated by the payee(s) if they are identified as the holder in due course. The drafts can be revalidated only once within one year from the date of issue. After one year of the draft, they are to be canceled at the issuing branch, and a fresh draft obtained after paying the requisite service charges.
Bank will issue a duplicate demand draft to the customer within a fortnight from the receipt of the request. For delay in issuing duplicate draft beyond the above stipulated period, the bank will pay interest at the rate applicable for a fixed deposit of corresponding maturity in order to compensate the customer for such delay.
Download the PNB Demand Draft Form in PDF format using the link given below.