what is the difference between pay order and demand draft?
Answers were Sorted based on User's Feedback
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.
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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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