EQUAL INSTALLMENT BOND

EQUAL INSTALLMENT BOND

I, SK, s/o Mr. JN, r/o ………………………. have borrowed a sum of Rs………from Mr. RP s/o Mr. GR, r/o  …………………...

            I hereby   promise to pay the said sum in twelve  equal instalments of Rs…………..each by first week of every month alongwith interest @ 18% per annum.

            I hereby agree that in case of failure on my part of pay any one instalment the whole amount alongwith interest shall become payable at once.

Witnesses:

1.            Name……………                            

Address………….                            (Signature of …………

                                                                                    (SK)

2.            Name……………….

Address…………..