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Bonds Simple Money Bond

· 2 min read
Priyansh Khodiyar
Vaquill co-founder
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SIMPLE MONEY BOND 



I, ______,__________________________

S/O ______________________________________

of _____________________, have

this _________ day of  _________ 20 _________

borrowed from____________________

S/O _____________________________________,

the sum of Rupees _____________ (in words _______________________________________________)

to be repaid by the following -

installments, 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 ofRupees _________ 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 installments 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

____________________S/O ____________________ 

of__________________________________._______ 


Ultimate Legal Bundle in English + Hindi + Gujarati + Marathi

Ultimate Legal Bundle in English + Hindi + Gujarati + Marathi

Get 18,151+ legal drafts for contracts, agreements, HR, tax, and more. One-time fee, lifetime access!

4.8 (3245 reviews)
  • Save thousands in lawyer fees
  • Instant download, easy editing
  • Lifetime validity, no hidden costs
We support payments via:
UPIPaytmPhonePeBHIMGoogle Pay
Buy Now
Download Form