Difference Between Cheque and Demand Draft (with Types, Contents, Example, Frequently Asked Questions and Comparison Chart) - Key Differences

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The basic difference between cheque and demand draft is that a cheque is issued by a bank customer, whereas a demand draft is issued by the bank on application. Both the instruments, cheque and demand drafts have their own uses and limitations.

Difference Between Cheque and Demand Draft (with Types, Contents

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