Agreements Bonds Templates
Installment Bond
Category: Agreements Bonds
I KC s o Mr RC r o have borrowed a sum of Rs from Mr SK s o K r o I hereby promise that the said sum shall be paid in twelve equal instalments of Rseach by first week of each month I further promise that interest at the rate of 18 per annum shall also be paid along with monthly installment and I hereby agree that in case of my failure to pay the installment along with interest the whole amount shall become due at once Witnesses 1 Name Signature ofAddress KC 1 Name Address...
Loan Bond With Sureties And Lower Rate Of Interest In Case Punctuality In Payment
Category: Agreements Bonds
This Deed is executed on thisday ofat between 1 Mr VK S o Mr GD r o hereinafter called the debtor on the first part 2 Mr PC s o RP r o and Mr DC s o RA r o hereinafter jointly called the sureties on the second part and3 Mr KB s o RB r o hereinafter called the creditor on the third part Whereas the creditor has agreed to advance a loan of Rs 5 00 000 00 to the debtor which is to be repayable in four years with interest at the rate of 18 per annum provided two persons stand as surety of the debtor And whereas sureties above named are ready to stand as sureties of the debtor Now this Deed Witnesses as Under 1 That in pursuance of the said agreement the creditor has advanced a sum of Rs 5 00 000 00 Rupees five lacs only the receipt of which has been acknowledged by the debtor 2 The debtor shall repay the loan in five years in half yearly installments of Rs 50 000 with interest at the rate of 18 per annum 3 That in case the debtor repays the installment of...
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