Difference Between Cheque and Demand Draft (with Types, Contents, Example, Frequently Asked Questions and Comparison Chart) - Key Differences

The basic difference between cheque and demand draft is that a cheque is issued by a bank customer, whereas a demand draft is issued by the bank on application. Both the instruments, cheque and demand drafts have their own uses and limitations.

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Union Bank Of India Demand Draft Number 2023 2024 EduVark, 47% OFF

Union Bank Of India Demand Draft Number 2023 2024 EduVark, 47% OFF

Demand Draft vs: Cheque: Which is Better for Payments - FasterCapital

Bank cheque: How Demand Drafts Differ from Traditional Cheques