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  • Deeds & Drafts / SIMPLE-MONEY-BOND

Deeds & Drafts

SIMPLE MONEY BOND

I, __________, son of _________ of _________, have this _________ day of _________ 20 _________ borrowed from __________, son of _________, the sum of Rupees _________ (in words _________) to be repaid by the following instalments, namely, the sum of Rupees _________ on the _________day of _________, 20 _________, the sum of Rupees _________on the _________day of _________, 20 _________ and the residue of the said sum of Rupees _________(principal) on the __________________ day of _________, 20 _________, and shall pay, together with each instalment, interest at the rate of Rupees _________ per cent per annum upon the said principal sum of Rupees _________ or so much thereof as shall for the time being remain unpaid, but if the said instalments are duly paid, without any deduction or default, the said interest shall be paid at the reduced rate of _________per cent per annum.

(Sd.) __________ in the presence of
_________son of _________
of_________


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