Automatic Draft Cancellation Form 2026

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A DD cancellation letter is a formal written application to the bank for cancelling a Demand Draft. This letter includes important details such as the DD number, date, amount, beneficiary name, refund account, and the reason for cancellation. It is usually submitted with the original Demand Draft for refund processing.
Cancellation Process If you have paid for the demand draft in cash, you need to submit the original demand draft to the bank along with its cash receipt. If you have paid from your account, you need to fill out a DD cancellation form and submit it with the original draft.
Format of a DD Cancellation Letter Write your address and the date at the top left. Add the banks branch address below yours. Write Subject: Request for Cancellation of Demand Draft Start with Respected Sir/Madam State the DD number, date, amount, and beneficiary. Explain the reason for cancellation.
Step-by-Step Guide to Cancelling a Demand Draft Step 1: Gather the Required Documents. To cancel a demand draft, you will need: Step 2: Write a DD Cancellation Letter. A written request is necessary for cancellation. Step 3: Submit the Request at the Bank. Step 4: Pay Applicable Charges. Step 5: Refund Process.
Format of a DD Cancellation Letter Respected Sir/Madam, I request you to kindly cancel the demand draft issued in my name and refund the amount. The details of the DD are as follows: Demand Draft Number: [Insert DD Number]
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