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Traditional Banking Payments concepts
Demand Draft (DD) –
A Demand Draft (DD) is a prepaid payment instrument issued by a bank, directing payment of a specified amount to a particular person or institution.
Issued after depositing money in advance
No risk of bounce (unlike cheque)
Used for secure official payments (fees, applications)
Being replaced by digital systems like Unified Payments Interface
👉 In short: Safe, bank-guaranteed payment method with declining usage in the digital era.