Demand Draft Service

  • A Demand Draft is a method for remitters to transfer money.
  • It is more secure than a normal cheque because it can only be credited to a specific payee's account.
  • A customer can only be reimbursed under indemnity if the draft is lost or stolen.
  • The Baroda Central Co-operative Bank draft is a low-cost and convenient payment method.

Pay Order Service

  • Pay order is a secure way to make a payment.
  • Pay order can be made in your party's name.
  • It serves as the best proof of payment for the specified amount and date.
  • Instead of giving a cheque, you can issue a pay order from the bank.
  • The bank will process the payment from your account.