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ANNEXURE 3 PAYMENT SLIP (To be used only in case of payment through cheque / Demand Draft) SHAREHOLDERS MAKING PAYMENT THROUGH ESCROW ACCOUNT SHOULD SUBMIT THIS SLIP TO ESCROW BANK ALONG WITH CHEQUE/DEMAND
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How to fill out demand draft shareholders making

01
Step 1: Obtain a demand draft application form from the bank or download it from the bank's website.
02
Step 2: Fill in the applicant details including name, address, and contact information.
03
Step 3: Specify the amount to be transferred via the demand draft.
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Step 4: Provide the recipient's details including name and address.
05
Step 5: Select the payment method (cash or account debit) to fund the demand draft.
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Step 6: Sign the application form as required by the bank.
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Step 7: Submit the completed application form along with any required identification and payment to the bank.

Who needs demand draft shareholders making?

01
Business owners needing to make payments to suppliers.
02
Individuals paying for services requiring a secure payment method.
03
Investors making capital contributions to companies.
04
Companies needing to make payments to shareholders.
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Demand draft shareholders making refers to the process through which shareholders create a demand draft to facilitate transactions related to their shares, such as dividend payments or transfers.
Typically, shareholders who wish to initiate a demand draft for transactions related to their shares are required to file demand draft shareholders making.
To fill out demand draft shareholders making, shareholders need to provide details including their name, the amount, recipient information, and any additional instructions required by the bank or financial institution.
The purpose of demand draft shareholders making is to enable secure and efficient financial transactions related to shares, ensuring that payments are processed without risk of fraud.
Information that must be reported includes the shareholder's details, the amount of the draft, the payee's information, and any necessary reference or transaction numbers.
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