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Demand deposit facility is like cheque. The possibility of demand deposit against cheque has made it easy to facilitate transactions without the use of cash.A deposit which can be withdrawn on demand by the people is called a demand deposit. It is possible to to make payments through cheque instead of cash through the demand deposit. The payer who has an account with the bank makes a cheque for a specific amount. Cheque is a paper that instructs the bank to pay the specific amount from the person's account to the person in whose name the cheque has been made.

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