If your plan changes and you no longer need the DD, you can get your money back.
Fill out the with the payee's name and the amount. Pay via account debit, cheque, or cash (up to ₹49,999). 💸 ICICI DD Charges (Approx. as of 2025/2026) General Charges For Students/Senior Citizens Up to ₹10,000 ₹50 per DD ₹40 per DD Above ₹10,000 ₹5 per ₹1,000 (Min ₹75, Max ₹15,000) ₹60 (Up to ₹50k) Above ₹50,000 ₹5 per ₹1,000 ₹5 per ₹1,000 Source: ICICI Bank DD Charges - ClearTax. 🛑 Need to Cancel? icici dd
A Demand Draft is a pre-paid negotiable instrument. Unlike a cheque, which can "bounce" if the account holder has insufficient funds, a DD is issued by the bank only after you pay the amount upfront. This makes it a favorite for institutions that require guaranteed payment. The bank guarantees the funds. Validity: It is valid for 3 months from the date of issue. If your plan changes and you no longer