How to Obtain a Demand Draft of Rs. 17500 from SBI Without an Account

Many individuals need to obtain a demand draft (DD) for various financial transactions, including remittances, payments for services, or utility bills. However, the requirement to have an account with the State Bank of India (SBI) has often presented a hurdle. This article will guide you on how to request a rupee 17500 demand draft from SBI even if you don’t have an account with them.

Requirements and Steps to Obtain a DD

Typically, to obtain a demand draft from SBI, a few key steps must be followed, which we will outline below. These steps are essential for ensuring the process runs smoothly and without complications. First, you will need to visit a local SBI branch in person. This physical visit is crucial as the bank needs to verify your identity and collect relevant details.

Step 1: Visit the Bank Branch

The first step is to physically visit an SBI branch. This ensures that the bank can verify your identity and collect necessary information. It is important to note that walk-in customers at SBI branches are generally limited to drafts up to a certain amount, usually cash drafts up to Rs. 49999.

Step 2: Provide Identification

Upon arriving at the branch, you will need to present valid identification. This can include documents like an Aadhaar card, passport, or driver's license. It is essential to carry one of these documents to facilitate the verification process.

Step 3: Payment

You will need to pay the amount of the demand draft (Rs. 17500 in this case) along with any applicable charges or fees. Payment can be made in cash or through another bank account. The central system of SBI allows for various payment methods, making the process more flexible.

Step 4: Fill Out the Form

The final step is to fill out the demand draft application form. When filling out the form, provide all necessary details, such as the beneficiary's name and the amount. There are standard forms provided by the branch, and it is crucial to fill these out accurately to avoid any delays or issues.

Policies May Vary by Branch

It is important to note that policies regarding non-account holders can vary by branch. Some banks may have specific procedures or limits that they adhere to. Therefore, it is advisable to contact the specific branch before your visit to clarify any doubts and ensure you have all necessary information.

Branches occasionally also mention the minimum requirements for different amounts. For instance, for amounts between Rs. 50,000 to Rs. 1,000,000, a transfer of funds from a SBI account is preferred. Other institutions might accept cash up to Rs. 49,000, after which a PAN (Permanent Account Number) might be required. However, it is also common for many banks to accept cash for smaller demand drafts but may deny for larger amounts.

Key Points to Remember

Limits Apply: The amount you can obtain through cash transactions varies by bank and branch. For SBI, the limit is typically Rs. 49,000 via cash. Procedures Vary: It is best to consult the specific branch before making a demand draft to understand their exact process and requirements. Alternative Methods: For amounts exceeding certain limits, the funds can usually be transferred from an existing SBI account. Commission Charges: There may be charges applicable for issuing demand drafts, which can vary depending on the amount.

Conclusion

While it is possible to obtain a demand draft from SBI without an existing account, understanding the specific requirements and procedures is crucial. By following the steps outlined above and verifying with the branch beforehand, you can successfully obtain your demand draft. Remember that while most banks can issue demand drafts for smaller amounts, larger amounts may require alternative methods. Always consult the branch to clarify any doubts or issues.