I went to IOB, Porur Branch today for taking DD for Rs. 800/- by cash payment. When I submitted the request voucher, it was denied giving the reason that cash would not be accepted, would be only debited from SB account .
I was asked to meet the Branch Manager. He also refused saying that DD would not be issued against cash payment, however small the DD amount can be.
I asked whether it is the practice of IOC branch at Porur or in all branches of IOB. He replied that this was RBI rule . He told me to get the DD issued through any of my friends having Account in IOB.
I was disappointed and at a loss to understand is there such unwritten rule for issuing DD for a small sum of Rs. 800/-
Can this be looked into and Branch Manager and Bank staff be directed to not deny such request for issuing DD against cash payment by non account holders of the bank? Was this information helpful? | 
