Download SBI DD Application Form
You can download the SBI DD Application Form Slip in the link given at the bottom of this article.
SBI DD Application Form
Demand drafts can also be made online. To establish your online banking account, you will need to provide some details and also submit a physical draft of payment and you can collect the draft from your bank branch, send it by mail or print the details at home.
When a bank creates a demand draft, they take the amount from an account and transfer it to another account. When the draft matured, the other company’s owner would take the payment and deposit it into their account at their bank. This made them the payee.