Friday, 6 July 2012

Draft Simple Promissory Note


I,………….S/o ……………………R/o……………………do hereby promise/undertakes to pay on demand to Mr………………… S/o…………………R/o…………………………. the amount of sum Rs………………half of which is Rs……………….., which has been taken on loan as debt on date………………., along with the interest ………@ per annum.

In witness whereof, I executed this promissory note on the date mentioned as above which may be useful at the time when needed.


Place:                                                                                                                           Signature
Date:                                                                                                                            (Debtor)

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