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.