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May 17th, 2016, 08:22 AM
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Join Date: Mar 2012
SBBJ DD Charges

Can you tell me in detail about the chargers charged for DD or Demand Draft by SBBJ (State Bank of Bikaner and Jaipur)?

SBBJOnline enables its customers to issue demand drafts online. One has the option to collect the draft from branch or give mandate to dispatch the draft by courier to the beneficiary.

DD Issue /BC issue

Up to Rs.10,000: Rs.30/-

For>10000/- up to less than Rs.50000/-: Rs.3.50 per Rs.1000

For Rs 50000/- up to Rs 1 lac --- Rs 2.80 per Rs.1000
Above Rs 1 lac -- Rs 3/- per Rs.1000

For petrol pump dealers who have a cash credit borrowing with us and the utilization of which is at least 50% every month. :
Rs 2.75 per Rs.1000 flat
Minimum 50/-
Maximum 12500/-
(+100/- per telegram for TTs)
Rs. 10/- extra for remittances in cash of Rs.10000/-

DD Cancellation 50% of D.D. issue charges Min.110
Rs. 100 for 'P' segment.
DD - Duplicate 50% of D.D. issue charges Min.110
DD -Revalidation 50% of D.D. issue charges Min.110
Rs. 100 for 'P' segment.

Foreign Exchange Transactions

Remittance Inward

Encashment of TTs/Purchase of MTs/DDs in respect of which cover has been received in Nostro Accounts
Current TT Buying rate, no exchange margin or interest to be charged.

Encashment of TTs/Purchase of MTs/DDs where reimbursement is to be obtained in cover by drawing demand drafts on overseas branches or correspondent banks.
Current TT Buying rate, plus exchange margin @ 0.125% + interest @ 15% for a Min. period of 10 days.

Encashment of customer's personal cheques, demand drafts, international money orders, bankers' pay orders, payable abroad.
Current TT buying rate, plus exchange margin @ 0.125% + interest @ 15% for a Min. period of 10 days + Rs.100/-

SBBJ DD Charges








Last edited by Neelurk; March 5th, 2020 at 09:10 AM.
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