How do you Write Letter for Cancellation of Demand Draft

To write a letter for cancellation of demand draft, you need to follow some points to make your letter perfect in the sense. Here, some tips are given below, which you can go through to write your letter.

Tips to write a cancellation letter for the demand draft:

  • As it is an official letter, the language of the letter should be formal and you need to draft your letter in a formal way.
  • The tone of the letter should be professional and you should maintain a professional way to present your thought.
  • Generally the letter is addressed to the manager of concerned bank, so you should clearly state the addressed person in your letter.
  • Do not forget to add a subject of your letter and it should clearly state the purpose of your writing within a few words. Along with this, you should add the demand draft no in your subject to make your point clear to the recipient.
  • In your letter, you can make a formal request to cancel your demand draft.
  • You need to write your account number of the respective bank, where you want to deposit the amount of the demand draft.
  • Your letter should contain the demand draft Number along with the name of the person for which the DD is made.
  • Explain the reason of the cancelation of the demand draft in an explicit way in your letter.
  • Do not forget to sign the letter along with mentioning your name and the account number.
  • Conclude your letter in a formal way with your request to cancel the demand draft.

Here a sample of the cancellation letter for the demand draft is given to you for better understanding.

Letter for cancellation of demand draft

[Date]

To

The manager

[Bank name]

[Bank address]

SUB: cancelation of Demand Draft no [DD Number]

Dear Sir,

You are requested to cancel the above mentioned Demand Draft [DD NO], which took on [date] from your bank for rupees of [amount of DD] in favor of [the person name for DD]. Due to [the reason of DD cancellation], the DD has not been used.

I would like to request you to cancel the DD and deposit the amount to my savings account no [bank account number]. If there is any charge needed, it shall be paid by the cash.

Yours faithfully,

[Your signature]

[Name:]

[AC No:]

Top File Download:

24 thoughts on “How do you Write Letter for Cancellation of Demand Draft

  1. I make a demand draft for amounting above 3 lac, but in that bankers are prepared name of payee in short form ie, not in order for exchange. I given challan in payee full form, this is bankers mistake, they will clear and issue afresh one.

  2. What is the cut off amount of a dd over 1.5 lakh in sbi? After cancelling the dd.. what is the cancellation fee.. ?

  3. Sir is it possible to cancelcancel the dd without presenting it by me on that bank where i made it.?
    Do they will transfer my amount after deducting their charges from that dd through the application to that bank manager
    My account is in same bank but at different branch

  4. Sir
    Is it possible to cancel the DD (Lost) without presenting it by me on that bank where i made it.?
    Do they will by cash my amount after deducting their charges from that DD through the application to that bank manager?

Leave a comment

Your email address will not be published. Required fields are marked *