Examples of Demand draft in a sentence
Demand draft may also be issued after deduction of bank commission charges if requested by the Contractor.All payment shall be made in Indian currency only.
The bid security deposited in the form of Demand draft/ cash shall be adjusted against the security deposit.
This guarantee shall be in the form of Demand draft/ Pay order or irrevocable bank guarantee bond of any scheduled bank or the State Bank of India in the specified format or in the form of Government security, fixed deposit pledged in favour of Executive Engineer or as specified in the letter of acceptance of tender.
The initial security deposit shall be accepted in the form of Demand draft and not by BANK Guarantee.
Security deposit of 10% of the total value of the order in the form of Demand draft or Bank Guarantee in favor of Raichur Power Corporation Limited, Yermarus – 584 134, District Raichur, issued by any Nationalized / Scheduled Bank valid for the entire period of contract shall be furnished before effecting supply.
Demand draft drawn in favour of any officer other than ‘THE DIRECTOR, ICAR UNIT-IIHR payable at Bangalore’ will not be accepted and the tender will be rejected.
Scanned Copy of Demand draft drawn in favour of “DIRECTOR, JREDA”, payable at Ranchi towards Cost of Tender Fee and Earnest Money Deposit as specified in the Notice Inviting Bid.
The tenderer shall furnish EMD as specified in the NIT in the form of Demand draft drawn in favor of the State Bank of India on any Scheduled Bank.
GCC 19.3 The types of acceptable Performance Securities are: Unconditional bank guarantee issued by financial institution located in Bhutan and acceptable to the Purchaser, in the form provided for in the Contract or in any other form acceptable to the Purchaser, or Cash warrant, or Demand draft.
Demand draft, pay order, banker’s cheque purchased against cash of Rs. 50,000/- or more will not be accepted.