For DDs issued against cash (up to the RBI limit of ₹49,999), the bank typically charges ₹5 per ₹1,000 with a minimum of ₹150 .
Would you like a simplified version (e.g., for a school project) or a comparison table with SBI / HDFC as a follow-up?
A Demand Draft (DD) is a pre-paid negotiable instrument used for secure fund transfers, especially when payee details are fixed (e.g., exam fees, property payments). ICICI Bank, one of India’s leading private sector banks, levies specific charges for issuing DDs, which vary by customer segment (regular vs. privilege banking), issuance channel (branch vs. internet banking), and draft amount. icici bank dd charges
These charges apply to regular account holders at urban branches: ₹50 per demand draft. Above ₹10,000: ₹5 per ₹1,000 or part thereof. Minimum: ₹75. Maximum: ₹15,000.
| DD Amount | Charges | | :--- | :--- | | Up to ₹10,000 | ₹100.00 | | ₹10,001 and above | ₹300.00 | For DDs issued against cash (up to the
As of May 2026, ICICI Bank has implemented several updates to its service charges, including specific tiers for different customer categories.
| Bank | DD up to ₹10,000 | |------|------------------| | ICICI | ₹50 + GST | | HDFC | ₹70 + GST | | SBI | ₹25 + GST (for self-account) | ICICI Bank, one of India’s leading private sector
| Draft Amount | Charges (excl. GST) | |-------------|----------------------| | Up to ₹10,000 | ₹50 + courier charges (if any) | | ₹10,001 to ₹1,00,000 | ₹3 per ₹1,000 (min ₹75) | | Above ₹1,00,000 | ₹150 + ₹2 per ₹1,000 beyond ₹1 lakh |
