Issue Bank Draft DD in Cash without having Bank account

Published: 13 August 2024
on channel: अपना मैनेजर

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Issue Bank Draft DD in Cash without having Bank account

As per RBI Guidelines, a person can issue Bank Draft DD in case he does not have Bank account. The guidelines are as follows:

1. Banker's Cheque/ Draft/ DD can be issued upto 50000 in cash.
2. KYC of issuer must be submitted to bank

Thanks,
Murari Garg

#draft #withoutbankaccount #makeddincash #cash #50000 #rbigudlines

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