PROMISSORY NOTE PAYABLE ON DEMAND

Rs . ………………

Bombay

1 st January, 2001

On demand, I promise to pay Shri X Y, etc. or order the sum of Rs . ……………. (Rupees ……….          only) with interest at the rate of……………………% per annum.

A B (Stamp)

Son of ……………..Resident of …………..

(Signature across the stamp)