SIMPLE BOND FOR MONEY BORROWED

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 …….