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what is the difference between pay order and demand draft?

Answers were Sorted based on User's Feedback



what is the difference between pay order and demand draft?..

Answer / raju

Pay order means which is paid within the city/it's paid in
local limits.. But demand draft is paid in out of
station/other than local limits.

Is This Answer Correct ?    1 Yes 0 No

what is the difference between pay order and demand draft?..

Answer / vishnu gopal kharche

PAY ORDER GET AFTER DEPOSIT THE AMOUNT & DEMAND DRAFT ALSO
GET AFTER DEPOSIT AMOUNT BUT PAY ORDER SHOULD TAKE THIS
LOCATION TO THAT LOCATION BETWEEN CITY & DEMAND DRAFT
SHOULD TAKE OUT OF STATION TRANSACTION.

Is This Answer Correct ?    0 Yes 2 No

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