Axis Bank DD Charges – Demand Draft Fees, Limits & Rules (2026)
Axis Bank Demand Draft (DD) charges depend on the DD amount, account type, and branch location. A Demand Draft is a safe, prepaid payment method commonly used for college fees, rent deposits, government payments, and business transactions.
Below is a clear, up-to-date guide in simple Indian English.
Quick Summary: Axis Bank DD Charges
- Instrument: Demand Draft (DD)
- Issued by: Axis Bank branch
- Payment type: Prepaid, bank-guaranteed
- Charges: Based on DD amount
- GST: Extra, as applicable
- Best for: Secure offline payments
Axis Bank Demand Draft Charges (Indicative)
Charges may vary slightly by branch or account variant. Always confirm at the branch before issuing a DD.
| DD Amount | Axis Bank DD Charges* |
|---|---|
| Up to ₹10,000 | ₹50 – ₹100 |
| ₹10,001 to ₹1 lakh | ₹100 – ₹150 |
| Above ₹1 lakh | ₹150 – ₹300 |
*GST is usually charged extra as per prevailing rates.
Who Has to Pay DD Charges?
- Savings account holders: Charges apply
- Current / corporate accounts: Charges apply (may differ)
- Premium accounts: DD charges may be waived or reduced, depending on account type
Some salary or high-value accounts may get limited free DDs per month.
How to Get a Demand Draft from Axis Bank
Step-by-Step Process
- Visit your Axis Bank branch
- Fill the DD application form
- Mention:
- Beneficiary name
- Payable location
- Amount (in figures & words)
- Pay:
- DD amount
- DD charges + GST
- Collect your Demand Draft and receipt
DDs are usually issued the same day.
Payment Modes for DD Issue
Axis Bank generally allows DD payment through:
- Cash (subject to limits)
- Debit from Axis Bank account
- Cheque (for account holders)
DD Validity Period
- Axis Bank Demand Drafts are valid for 3 months
- Expired DDs can be revalidated or cancelled by visiting the branch
DD Cancellation Charges (Axis Bank)
If a DD is cancelled:
- Cancellation fee: Typically ₹100 – ₹150
- GST: Extra
- Amount refunded to your account or in cash (as per rules)
Axis Bank DD vs Banker’s Cheque
| Feature | Demand Draft | Banker’s Cheque |
|---|---|---|
| Payable location | Any city | Same city |
| Usage | Wider | Local payments |
| Charges | Slightly higher | Slightly lower |
| Security | High | High |
Common Problems & Troubleshooting
DD lost?
- Inform branch immediately
- Submit indemnity request
- Reissue may take time
Wrong beneficiary name?
- DD must be cancelled and reissued
- Charges usually apply again
Charges higher than expected?
- GST added
- Amount slab crossed
- Non-maintenance of required balance (in some cases)
Security Tips for Demand Draft Users
- Write beneficiary name clearly
- Keep DD receipt safely
- Cross the DD (A/C Payee) where possible
- Cancel unused DDs to avoid misuse
FAQs: Axis Bank DD Charges
Q1. Are Axis Bank DD charges refundable?
A. No. DD issue charges are non-refundable. Cancellation charges apply separately.
Q2. Is GST charged on DD charges?
A. Yes. GST is charged on the service fee, not on the DD amount.
Q3. Can I get a DD from Axis Bank without an account?
A. Yes, usually by paying cash and providing ID, subject to bank rules.
Q4. Is DD available through Axis Bank net banking?
A. Typically, DD issuance requires a branch visit. Availability may vary by account type.
Conclusion
Axis Bank Demand Draft charges are reasonable and depend mainly on the DD amount and account type. DDs remain a trusted payment option when cash or online transfers are not accepted.
Before issuing a DD, always:
- Confirm exact charges
- Check beneficiary details
- Ask about waivers if you hold a premium account
