Letter of Guarantee by Directors
To,
The Manager,
Bank of...
Branch office 	
Sir.
Your bank has advanced the loan of Rs	to M/s. ADC Co. Pvt. Ltd.
(or has granted cash credit facility] to the extent to Rs	and of which
company we the undersigned persons are Directors.
In consideration of your granting the said loan/cash credit facility, to the said company we the undersigned in our personal capacity, jointly and severally guarantee the repayment of the said loan amount (or amount due and payable at the foot of cash credit account at the date of demand by you] with interest thereon as agreed by said company and agree to pay the same on demand, in the event of the company making default in payment thereof as and when demanded by you.
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Dated this .... day of	
Sd/ 	
Sd/ 	
Sd /