PROMISSORY NOTE, IN THE FORM OF A LETTER

Place _________ 

Date __________ 

Dear Sh. __________________, 

Whereas you have advanced to me a loan of Rs._________ (Rupees ________________________only), I hereby promise

to repay the same to you, on demand, with interest at ___ per cent per annum. 

Name 

(Stamp) 

S/o ____________ 

R/o ____________