JOINT PROMISSORY NOTE PAYABLE IN INSTALMENTS
- Legal Yojana
- May 14, 2024
- 1 min read
Updated: Feb 27
JOINT PROMISSORY NOTE PAYABLE IN INSTALMENTS
On demand (or at sight, or, on presentment, or, after date),
we jointly and severally hereby promise to pay to
Mr……………………………………………………………………………………
Resi
__________________________________ _____________
order, the sum of Rs. _____________ (for value received) by instalments of Rs.___________ per month
with interest on each instalment at _________percent per annum until payment. The first instalment with interest thereon to be paid on the seventh day of next month. Next and each
succeeding instalment with interest thereon to be paid on the seventh day of each following month,
until the whole of the said sum of Rs.__________ be re-paid.
Signatures, Name, and address of drawers.
(Stamp)
1. ________________
2. ________________
3. ________________
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