Simple Bond For Money Borrowed

I, KB, s/o Mr. RB, r/o ……………………. have borrowed a sum of Rs. ………………….. (Rupees ………………… only) from Mr. AN, s/o Mr. KK, r/o ………………. on account of price of furniture purchased from him.

I promise to pay the said amount on demand on or before…………….with interest @ 18% per annum from the date of this bond.

In witness whereof, I have signed this bond on this …. day of ……………, 2000, in the presence of the following witnesses.

Witnesses :

1. Name…………………………

Address……………………… Signature of …….

2. Name…………………………

Address……………………… Signature of …….

About the Author

- Vakilno1 is a group of Law Enthusiasts and Legal Experts in India with a passion to provide the latest info and articles on Indian Legal System

 

 

 

 

 

 

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>