Corporate & Commercial • Section 4, Negotiable Instruments Act, 1881

Demand promissory note format Word

Unconditional Promissory Note payable on demand with interest rate, revenue stamp attestation, and debtor promise.

Authentic Legal Draft & Formatting Template Word (DOCX) & PDF
DEMAND PROMISSORY NOTE
INR [AMOUNT]/-                                           DATE: [DATE]
ON DEMAND, I, [MAKER NAME], promise to pay [PAYEE NAME] or order, the sum of INR [AMOUNT]/- with interest at [PERCENTAGE]% per annum for value received.
[REVENUE STAMP]
MAKER SIGNATURE: ____________________

Practical Court Filing & Stamp Duty Guidelines

  • Always affix revenue stamp (₹1 or prescribed state value) and ensure signature crosses over stamp.