IOB DD Form PDF

Download IOB DD Form PDF

You can download the IOB DD Form PDF for free using the direct download link given at the bottom of this article.

File name	IOB DD Form PDF
No. of Pages	2
File size	230 KB
Date Added	Feb 3, 2023
Category	General
Language	English
Source/Credits	Drive Files

Overview of IOB DD Form

A Demand Draft (DD) is a type of payment instrument that is issued by a bank, allowing an individual to make a payment to another person or entity. Indian Overseas Bank (IOB) provides Demand Drafts to its customers as a secure and convenient way to make payments.

To issue a Demand Draft from IOB, an individual will need to fill out a Demand Draft (DD) form. The following information is typically required to be filled out on the form:

1. Name of the payee: The name of the person or entity to whom the payment is being made.
2. Amount: The amount of the DD.
3. Purpose of the DD: A brief description of why the DD is being issued.
4. Account number: The customer’s IOB account number, from which the funds for the DD will be debited.
5. Signature: The signature of the account holder.

It is advisable to double-check all the information before submitting the DD form, to ensure that the payment is made to the correct person or entity. The customer will be required to pay a fee for the DD, which will be debited from their IOB account. Once the DD is issued, it can be used to make a payment to the payee, either by presenting it in person or by mailing it to the payee.

Details Mention

• Payee’s Name
• Branch Name
• Payable Location
• Amount
• Cash details in case when DD are made on cash
• Cheque details in case when DD are made on Cheque
• And any other details

Indian Overseas Bank DD Charges

DD	Per DD	200
TT to IOB branches in India	Per transfer	400
TT to other banks	Per transfer	500
Bahtnet: transferor	Per transfer	150
Transferee	Per transfer	100
Cashier cheque	Per cheque	50
DD cancellation/revalidation	Per DD	100

IOB DD Form PDF Download Link