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if anybody tell me difference between DD, PO & Cheques

Answer Posted / b.c.tewari

Demand Draft (DD)- Can issue for anywhere in India.The main
benefit of dd ,it could not be bounced.& loss,once we
issued the dd one can not stop it that means 100% gauranty
of payment.

Pay Order (PO)- Can issue for a limited states like
NCR.same benefits/losses as above.

Cheques- can issue to anyone.

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