Draft Promissory Note Agreement In India

Hello, thank you for the voluble items. Pl tell me how much paper of bonds for the registration of a loan contract for 6 lakh.. Dear Sumit, you can do it by making a note of guilt. If you would like to do so on a large scale, please contact a lawyer or a certification body. When you borrow money from a bank or credit institution, it is almost always necessary to have a debt note. If the borrower is late in the loan, the lender has the right to demand full payment of the debt title. If the lender is unable to collect on the note, it can place a pawn on real estate held by the borrower or have its wages filled. In this case, this has a negative impact on the borrower`s credit report. Dear Sarfaraz, but you don`t pay interest properly, so no tax benefits u/s 24.

You cannot claim refunds at u/s 80c. This only applies if you take out the loan from a bank or financial institution, both can enter into a formal agreement, so there is no problem and each tax notice (if any) can be applied. Yes, if there is more than one lender, the names of the additional lenders should appear on the sola change. Hello sir sreekant, my English is a little low, please adapt, in 2010 I had a good friendship with an old lady, she made me love her daughter, so I married her, I did, and her daughter to keep in mind that I will be her son in law, she gave me 3lakhs rupees in part time to manage my financial problems, she put on my account, then she started and her daughter began to dominate me in everyone and everything in my life, when I recognized her worst behavior day after day, I finally broke their marriage proposal, then they started torturing me with calls, and threatened my parents too , insulted me by making me pass my colleagues “Friends and relatives, every day they will call me and scold me and ask me for money abt, then I almost tried to commit suicide, but I could not, then somehow I got credit 3 lakhs, I repaid to hand them back in full cash, now I thought, it`s all over, but again she went to my bank and took my bank statement lying like she is my mother, which is dated 2010, now indicating that she shows that this office I filed, so give me back, but I paid her full, just mistake of the hand, there is no agreement among us , only it shows its function on my statement of account, which is now threatening me to threaten to sue “How can I prove, and how can it prove how it happened in 2010 and there is no agreement except my statement of account said to his deposited office, pls help me – Master-Solawechsel. This is the series of loans that can be made with this type of fund change over a longer period of time. Section 2 (22) of the Indian Stamp Act of 1899 defines a debt title as “debt note” refers to a change in debt within the meaning of the “Negotiable Instruments Act of 1881”; “It also contains a statement promising payment of a sum of money from a given fund, which may or may not be available, or on a condition or contingency that may or may not be made. Dear Sam. If he has written notes, ask him to share them with you so that you can believe that your father lent him money.

Please check the data mentioned in the documents (if any).