For ICICI Bank customers, the easiest way is to via iMobile Pay. Non-customers can visit any ICICI branch with cash/ID proof. Always factor in the 2–3 day delivery time and applicable charges before choosing a demand draft.
A demand draft is a type of payment instrument that is similar to a cheque, but with a guarantee of payment. It is a prepaid instrument that is issued by a bank on behalf of its customer, and it is payable on demand. icici bank demand draft
An is a secure, prepaid negotiable instrument used to transfer funds from one person or entity to another. Unlike a standard cheque, a DD cannot "bounce" because the issuing bank guarantees the payment, having already received the funds from the applicant at the time of issuance. 1. Key Features and Benefits For ICICI Bank customers, the easiest way is
While electronic fund transfers like NEFT, RTGS, and UPI are faster and cheaper for most needs, a demand draft is still useful when: A demand draft is a type of payment