Icici Bank Dd Charges [2021] -

As per RBI guidelines, cash payments for DDs are restricted to a maximum of ₹49,999 . Other Service Fees

Note: GST (18%) is applicable on these charges. icici bank dd charges

AI responses may include mistakes. For financial advice, consult a professional. Learn more ICICI Bank DD Charges and Cancellation Fees 2025 - ClearTax As per RBI guidelines, cash payments for DDs

ICICI Bank’s DD charges are transparent and tiered, making them cost-effective for medium to large amounts (₹10,000–₹1 lakh) but slightly expensive for very small drafts. Customers should always add 18% GST to quoted fees and consider digital alternatives for routine transfers. For those who still require DDs (e.g., visa applications, exam forms), issuing online or via a Wealth account can significantly reduce costs. For financial advice, consult a professional

Almost all banking services attract at 18% .

ICICI is moderately priced, positioned between PSU banks (cheaper) and premium private banks (similar).