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What is demand draft ? Are …

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What is demand draft ? Are demand deposits and demand draft same??

    • Posted by Luv Mangla 5 years, 7 months ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Avatar ? 5 years, 7 months ago

    A demand deposit is money that you deposit into a bank account from which you can withdraw on demand, at any time without any advance notice to the bank. But A demand draft is a financial draft payable on demand .

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