Draft Charges Calculator Upd | Icici Demand

To calculate the charges for an ICICI demand draft, use the following formula:

In conclusion, ICICI Bank charges a fee for issuing Demand Drafts, which depends on the amount and location. The charges range from ₹50 to ₹150 + GST, depending on the amount. We have created a simple calculator to help users estimate the charges. It is always recommended to check with ICICI Bank for the latest charges and any additional fees that may be applicable. icici demand draft charges calculator

Given DD is 10 days old, how much will you get back after cancellation charges? To calculate the charges for an ICICI demand

: 18% Goods and Services Tax

| Amount (₹) | Charge (₹) | GST (₹) | Total Charge (₹) | | --- | --- | --- | --- | | Up to 10,000 | 50 | 9 | 59 | | 10,001 - 1 lakh | 100 | 18 | 118 | | Above 1 lakh | 150 | 27 | 177 | | Multiples of 1000 | 25 | 4.5 | 29.5 | It is always recommended to check with ICICI

So, the total charge for a ₹50,000 Demand Draft would be ₹118.

Calculating your costs doesn't stop at issuance. If the deal falls through or the DD expires (DDs are valid for 3 months), you will face additional fees: