Promissory Note in Favour of Payee or his order
I ... promise to pay to Mr... or his order the sum of Rs... with interest thereon at the rate of ... per cent per annum on demand in consideration of full value received.
Dated this ... day of ...
Sd.

 
Promissory Note Payable by Instalments
I ... promise to pay to Mr... the sum of Rs. ... by four equal instalments, the first instalment of Rs. ... to be paid on the ... day of .... the second, on
the day of ... the third on   the	day of ... and the fourth on the ...
day of ... with interest	thereon at the rate of... percent per annum
(the interest to cease on the instalment paid) in consideration of full value received.
Dated this ... day of ...
Sd.