How To Cancel A Demand Draft In State Bank Of India
 

I already have an account in the State Bank of India and want to cancel demand draft service searching for process to do this. Will you provide complete process how to cancel Demand Draft in State Bank of India also provide process to find this bank branches located?

Re: How To Cancel A Demand Draft In State Bank Of India
 

State Bank of India is an Indian multinational, public sector banking and financial services company.

It is a government-owned corporation with its headquarters in Mumbai, Maharashtra

Process to Cancel A Demand Draft In State Bank Of India:

1. Write an application to the branch manager stating the reason for cancellation and the mode of refund i.e. cash or account transfer. I opted for cash.
2. Affix a revenue stamp on the back of DD to be cancelled.
3. Put your signature partly on the stamp and partly on the demand draft. You will have to put another signature on the DD just below it.
4. Submit the cancellation application along with the DD to the branch manager and get the application stamped.
5. Now submit the stamped application along with the DD to the cash counter to get the refund.
6. There is a cancellation charge of Rs.100/- that will be deducted from the DD amount and the rest will be returned back to you. This cancellation charge is fixed irrespective of the DD amount.

Below I am providing you the process to get the branch locater of this bank. Please follow the below process:

1 Visit the official website of the bank which looks like:

https://management.ind.in/img/u/How-...Of-India-1.jpg


2 At the bottom of the page and in the important links panel you will get the branch locater link click on that.

3 You will get the new page which looks like:

https://management.ind.in/img/u/How-...Of-India-2.jpg

4 Then click on view locations link you will be redirected to the new page looks like:

https://management.ind.in/img/u/How-...Of-India-3.jpg

5 Enter your search details you will be able to see the result.

Contact:

State Bank of India
State Bank Bhavan, Madam Cama Road
Mumbai-400021.

SBI Office Phone Number: +91-22-22029456
SBI Office Fax Number: +91-22-22742431