DD Clearance Time In HDFC Bank

Hi buddy will you plz tell me what is DD (Demand drafts) Clearance Time In HDFC Bank, if you know then plz tell me as my cousin asking me for the same ?

[pawan]

HDFC (Housing Development Financial Corporation) Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra.

As you want I am telling HDFC Bank Transaction processing time for all type of transactions including DD Clearance Time:

No Transaction name Time Taken
1 Cash deposits at teller counter 3 to 5 minutes
2 Cash withdrawals at teller counter 3 to 5 minutes
3 Issuance of Demand drafts / Managers cheques 7 to 10 minutes
4 Payment of Demand drafts / Managers cheques 7 to 10 minutes
5 Redemption of Fixed deposits 5 minutes
6 Opening of a new account 10 to 15 minutes
7 Collection of Cheques
a) Local As per clearing house rules
b) Outstation Drawn on Branch locations 7 to 14 days depending on the location
c) Outstation Drawn on Non Branch Locations where we have a correspondent bank tie up Maximum 14 working days
d) Outstation Drawn on Non Branch Locations where we do not have correspondent bank tie up Maximum 14 working days
e) Foreign 2 to 16 international working days from value date
8 Funds Transfer One Day

Bank profile:
Type Public
Traded as BSE: 500180
NSE: HDFCBANK
NYSE: HDB
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, Financial services
Founded August 1994
Headquarters Mumbai, Maharashtra, India
Area served India
Key people Aditya puri (MD)
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management
Revenue 74,373 crore (US$12 billion) (2016)
Profit 12,817 crore (US$2.0 billion) (2016)
Total assets 86,384,021 lakh (US$130 billion) (2016)
Number of employees 84,325 (March 2017)