Axis Bank DD Charges and Cancellation Fees 2025
Despite the popularisation of modern payment methods such as e-wallets, mobile payments, and UPI, traditional forms of payment like demand drafts are still popular. They provide a safe and reliable means to transfer funds to people you don't know without the need for personal information. You can issue and receive a demand draft at any Indian bank, including Axis Bank.
Whether you are a customer or a non-customer, you can easily avail a demand draft from one of India's top private banks with nominal fees. Check the sections below to get a detailed list of DD charges, cancellation fees, and more.
Axis Bank Demand Draft Details
Here are the most important details you need to know about Axis Bank demand drafts before you avail the service:
Demand Draft Details
When filling out a demand draft form, you will need to enter the following details:
- Beneficiary’s name
- Account details
- Amount in words and numbers
- Date of issue of the DD
Issuing Process
You can request a demand draft online via Axis Bank's internet banking facility. Alternatively, you can visit any Axis Bank branch and fill out a DD form to issue a new demand draft. The required funds and Axis Bank DD charges will be deducted from your savings or current account. If you have a registered email, you will receive an update once the request is processed.
Validity
All demand drafts have a validity of up to 3 months from the date of their issue. Each demand draft request can take 2-3 business days to process from the DD form's submission date.
Cancellation
You can cancel a demand draft from Axis Bank if the bank has not cleared and paid the due amount to the beneficiary. However, you have to pay the required DD cancellation charges to Axis Bank. You have to submit the original demand draft along with a cancellation request letter to the bank.
Axis Bank DD Charges
The following table shows you the demand draft charges applicable for Axis Bank:
| Demand Draft Related Services | Amount |
| Payable at corresponding bank locations under Desk Drawing Arrangement | Rs. 1 per Rs. 1,000, minimum charge- Rs. 25 per DD |
| DD purchased from other banks | Rs. 0.5 per Rs. 1,000, minimum charge- Rs. 100 per DD |
| Issue Price for DDs payable at Axis Bank locations (for LC, SME, MC or Agri Corp accounts) | 15 free demand drafts per day, afterwards Rs. 50 per DD |
Axis Bank DD Cancellation Charges
Upon cancelling a demand draft, you will receive a refund after the cancellation charges are deducted. The applicable charges include:
| Type of Request | Applicable Charges |
| Cancellation, re-issuance or revalidation at Axis Bank branches | Rs. 100 per instance |
| Cancellation, re-issuance or revalidation at any corresponding bank branch | Rs. 100 per instance and other bank charges (if any) |
| Cancellation charge at Axis Bank branches (for LC, SME, MC or Agri Corp accounts) | Rs. 75 per DD (for Axis Banks), Rs. 125 plus other bank charges (for corresponding banks) |
| Revalidation charge (for LC, SME, MC or Agri Corp accounts) | Rs. 50 per DD (for Axis Banks), Rs. 125 plus other bank charges (for corresponding banks) |
| Duplication charge (for LC, SME, MC or Agri Corp accounts) | Rs. 50 per DD (for Axis Banks), Rs. 100 plus other bank charges (for corresponding banks) |
Waiver of Axis Bank DD Cancellation Charges
The following table shows the limit of cancellation charge waivers based on the type of scheme and account:
| Type of Account | Type of Scheme | Free Limit Per Month |
| Youth | SBYTH | None |
| Easy Access Salary Account | SAPPR | 1 |
| Prime Salary Account | SAPPM | 1 |
| Prime NRI Account | SBMIA, NROMA, NREPM, NRISL, NROPM, NREMA | 2 |
| Prime Account | SBPRM | Unlimited |
| Prime Plus Account | SBPRP | 20, including DD, cash withdrawal and cash deposit transactions |
| Priority Banking | PBFRN, NRPBS, PBSPA, PBNRO, PBNRE, SBPBG, SPPBS | 3 |
| Other savings bank account schemes | NROFN, SBNRO, NROZR, SBEZY, SBAGT, SWEZY, SBSPA, NROFS, NREZR, SBSA3, NROZR, SBKRI, SBFTS, SBSPL, SBFRN, etc. | None |
Whether you are a loyal customer of Axis Bank or a non-customer, you can use the bank’s DD charges to issue a prepaid instrument that lets you transfer funds with high security. You only have to pay nominal Axis Bank demand draft charges to issue these payments. Furthermore, you can revalidate your DD if it has expired and reissue it if you have lost the old document.
Related Demand Draft Articles:
SBI DD Charges and Cancellation Fees
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ICICI Bank DD Charges and Cancellation Fees
Bank of Baroda DD Charges and Cancellation Fees
Punjab Bank DD Charges and Cancellation Fees
IOB DD Charges and Cancellation Fees
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2. Axis Bank Credit Card Cash Withdrawal Charges
3. Axis Bank Mobile Banking
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