In Icici Bank | Demand Draft Charges

It is crucial to remember that the above base rates attract Goods and Services Tax (GST) . Currently, banks charge 18% GST on the commission/charge amount.

A demand draft, also known as a bank draft, is a type of negotiable instrument issued by a bank on behalf of its customer. It is a written order that directs the bank to pay a specific amount to the beneficiary. Demand drafts are considered a safe mode of payment, as they are issued by the bank itself, making them more reliable than cheques. demand draft charges in icici bank

The following data is based on ICICI Bank’s standard schedule of charges (as of 2025–2026). Note: Rates are subject to change; applicable GST is additional. It is crucial to remember that the above

Non-account holders also must provide identity and address proof per RBI KYC norms. It is a written order that directs the