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• Difference Between Cheque and Demand Draft (with Types, Contents

Difference Between Cheque and Demand Draft (with Types, Contents

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The basic difference between cheque and demand draft is that a cheque is issued by a bank customer, whereas a demand draft is issued by the bank on application. Both the instruments, cheque and demand drafts have their own uses and limitations.

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Difference Between Cheque and Demand Draft (with Types, Contents

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