Demand Drafts

A Demand Draft (DD) is a secure, pre-paid financial instrument issued by a bank that allows individuals and businesses to make payments without cash or cheques. It is a trusted mode of payment widely accepted for business transactions, educational fees, government payments, and more.
Whether you need to make payments in places where digital banking is not accessible or require a guaranteed payment mode, South Indian Bank’s Demand Draft service ensures your funds are transferred safely and efficiently.

Key Features of Demand Draft

Guaranteed Payment
Accepted Nationwide
Stop Payment Facility Available
Secure Transactions

South Indian Bank offers hassle-free issuance of Demand Drafts through:

  • Branch Visit - Walk into any of our networked branches and request a Demand Draft by providing the necessary details
  • Payment Modes - Pay via cash, cheque, or direct debit from your account to issue a DD
  • Personal & Business Needs - Whether for college fees, security deposits, or official transactions, Demand Drafts are ideal for payments requiring assured clearance
  • Fast Processing - Get your Demand Draft issued instantly at the branch for quick transactions

South Indian Bank also offers Banker’s Cheques and Payable at Par Cheques for Privilege SB Account holders, catering to various payment needs.

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