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Promissory Note Payable On Demand Negotiable Instruments Act 1357 Legal Draft Template

Category Negotiable Instruments Act
Format Rich Text
File name Promissory Note Payable on Demand-Negotiable Instruments Act-1357.rtf

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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.

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Promissory Note Payable on Demand

Rs                Date
On demand (or at sight, or, on presentation), I promise to pay to AB {or, to AB or order) the sum of Rupees       (Rs      ) only, with interest at the rate of 18 per cent per annum until payment, for value received.
CD {Debtor)

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