Indian Bank · statement narration
DD CHARGES
Also printed as: DD COMM · DEMAND DRAFT CHG · DD ISSUE CHG · BC CHARGES
Decoded
A commission charged when a demand draft or banker's cheque is issued. It usually scales with the draft value.
Hinglish meinDemand draft ya banker's cheque banwane par lagne wala commission. Draft ki value ke hisaab se badhta hai.
DD CHARGES on your Indian Bank statement — A commission charged when a demand draft or banker's cheque is issued. It usually scales with the draft value. The bank publishes a rate table, not one figure; the rates are below.
Read from Indian Bank — Service Charges (Last Updated 20.04.2026) on 2026-08-09.
Demand Draft charge: what other banks publish
Bank’s own figures, before GST. Where a bank publishes several rates, the bar runs from its lowest to its highest — its table below says which applies to whom. Tap a figure for its source.
Show all 12 banks
What it costs, including GST5 rules · rate table, conditions and waiver
Retail Banking Service Charges · Branch
Customer category and exact fixed DD amount band
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Standard customer — up to Rs10,000 | ₹50 | ₹59 |
| Senior Citizen — up to Rs50,000 | ₹40 | ₹47.20 |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: This rule covers the fixed bands (standard up to Rs 10,000; senior citizens up to Rs 50,000). Higher bands are separate per-Rs1,000 rules with minimum/maximum caps; the non-customer 50% uplift and student 50% concession are not modelled.
Retail Banking Service Charges · Branch
Indian Bank demand draft above Rs 50,000 up to Rs 100,000 for senior citizens: Rs 2.50 per Rs 1,000, minimum Rs 40, maximum Rs 250, plus GST.
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| ₹50,001 to ₹1,00,000 | ₹2.50 per ₹1,000 (minimum ₹40, maximum ₹250) | — |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Indian Bank demand drafts above Rs 50,000 up to Rs 100,000 issued to senior citizens (customers of the bank). GST is additional. Non-customers pay 50% more and students pay 50% of these charges - neither is included here. The source says 'per 1000' without 'or part thereof', so amounts that are not whole thousands may round differently at the branch.
Retail Banking Service Charges · Branch
Indian Bank demand draft above Rs 100,000 for senior citizens: Rs 3 per Rs 1,000, minimum Rs 300, maximum Rs 12,000, plus GST.
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Above ₹1,00,000 | ₹3 per ₹1,000 (minimum ₹300, maximum ₹12,000) | — |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Indian Bank demand drafts above Rs 100,000 issued to senior citizens (customers of the bank). GST is additional. Non-customers pay 50% more and students pay 50% of these charges - neither is included here. The source says 'per 1000' without 'or part thereof', so amounts that are not whole thousands may round differently at the branch.
Retail Banking Service Charges · Branch
Indian Bank demand draft above Rs 10,000 up to Rs 100,000 for standard customers: Rs 4 per Rs 1,000, minimum Rs 50, maximum Rs 300, plus GST.
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| ₹10,001 to ₹1,00,000 | ₹4 per ₹1,000 (minimum ₹50, maximum ₹300) | — |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Indian Bank demand drafts above Rs 10,000 up to Rs 100,000 issued to standard customers (customers of the bank). GST is additional. Non-customers pay 50% more and students pay 50% of these charges - neither is included here. The source says 'per 1000' without 'or part thereof', so amounts that are not whole thousands may round differently at the branch.
Retail Banking Service Charges · Branch
Indian Bank demand draft above Rs 100,000 for standard customers: Rs 5 per Rs 1,000, maximum Rs 20,000 (no minimum stated), plus GST.
| Rate | Bank’s figure | With 18% GST |
|---|---|---|
| Above ₹1,00,000 | ₹5 per ₹1,000 (maximum ₹20,000) | — |
The bank's figure is before tax, so 18% GST is added on top.
Applies when: Indian Bank demand drafts above Rs 100,000 issued to standard customers (customers of the bank). GST is additional. Non-customers pay 50% more and students pay 50% of these charges - neither is included here. The source says 'per 1000' without 'or part thereof', so amounts that are not whole thousands may round differently at the branch.
Why it happened and how to avoid it
Why it happened
A demand draft or banker's cheque was issued from your account.
How to avoid it
Use NEFT or RTGS where the recipient will accept a transfer. Rates are often lower for senior citizens and at rural branches.
Dispute this chargeRBI dispute template, ready to copy
Official source1 document
- Indian Bank — Service Charges (Last Updated 20.04.2026)
Retrieved 2026-09-26
Decode another narration
Paste any other line from the same statement into the decoder.
Open the charge decoder