Demand Draft is way for remitters to transfer money.
A Demand Draft is more secure than a normal cheque as it can only be credited to a specific payees account,and 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,convenient method of payments.
Pay order is secure way to make payment,Pay order can be made of your partys name.and it is best proof of payment of this amount and on date.so,instead of giving cheque you can make pay order from bank and bank will make a payment from your account.