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Promissory Notes

Updated: Feb 28

Promissory Notes

DEMAND PROMISSORY NOTE

Rs. ______________ Place:

Date :

On Demand I MR. X Y Z unconditionally promise to pay _______________________ or Order, the sum of Rs. _____________ (Rupees ________________________ only) together with interest thereon @ ________% per annum with monthly/quarterly rests for value received by Cash/Cheque No. _____________ dated ___________ drawn on ______________________. 

Revenue Stamp

Witness:— (MR. X Y Z)

PROMISSORY NOTE PAYABLE AFTER A PERIOD

Rs. ______________ Place:

Date :

I MR. X Y Z unconditionally promise to pay _______________ ________ or Order, the sum of Rs. _____________ (Rupees ________________________ only) together with interest thereon @ ________% per annum with monthly/quarterly rests after two months from the date hereof for value received by Cash/Cheque No. _____________ dated ___________ drawn on ______________________. 

Revenue Stamp

Witness:—(MR. X Y Z)



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