Problem with demand draft

I have to submit a demand draft to the institute for ITTand I have applied for the same with the bank, but the bank has issued me with a bankers cheque of equivalent amount and saying that it's same thing . Now please tell me what to do.
Replies (3)
Dear Ankit, there is no issue. i also had a similar situation when applying for a dd for orientation. the major difference between a dd and banker's cheque is that the former can be encashed at any branch of the bank while the latter has a limited clearing jurisdiction. that is, banker's cheque is usually used within a city. i had made a call to our institute branch to confirm the same. but, you need to make sure that it is 'payable at' the city of the institute branch.
But the bankers cheque issued to me does not bear the name of city where it is to be payable at even while applying for the dd i have clearly wrote the name of city where it is payable at But as the dd was payable locally the bank staff replied me that bcoz of above it will not appear anywhere in the dd( ie bankers cheque issued by them) that where it is payable at
then the name of the bank branch might be there in the cheque. in that case it is sufficient as it will be understood that it is payable at that city.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details