DEMAND PROMISSORY NOTE. CCD-1(B) Rs. ON DEMAND, I/We ................................................................................... promise to pay Axis Bank Ltd. or order, the sum Rs.................................................. (Rupees ....................................... only) together with interest from the date hereof, at percent per annum or such other rate the Bank may fix from time to time, compounding and payable with .........................................................................rests, for value received. Revenue Stamp Place............................................. Date ............................................. On Demand We JOINT & SEVERAL DEMAND PROMISSORY NOTE
DEMAND PROMISSORY NOTE. ON DEMAND, I / We, , jointly and severally promise to pay to AXIS BANK LTD. or order, the sum of Rs...........................................(Rupees. only ) together with interest from the date hereof, at percent per annum or such other rate the Bank may fix from time to time, compounding and payable with daily/monthly/ quarterly rests, for value received. X Borrower Stamp Place : ................................................... Date : ................................................... X (Signature of the borrower)
DEMAND PROMISSORY NOTE. On demand by the holder of this promissory note, I, Mr/Ms. jointly and severally, unconditionally and irrevocably promise to pay immediately upon demand, a sum of Rs. /- (Rupees % p.a with rests, for the loan availed from Reliance Commercial Finance Limited (RCFL). REVENUE STAMP Rs. /- (Rupees Only) LHT Impression / Signature across revenue stamp Co-Borrower 1: Co-Borrower 2: Date: Place: Date: Reliance Centre, 6th Floor, South Wing, Xxx Xxxxxxx Xxxxxxx Xxxxxxx, Xxxxxxxxx (X), Xxxxxx - 000000 Dear Sirs, I/We have executed a Demand Promissory Note for Rs. /- (Rupees only) dated duly signed and delivered by me/us to you as securityfor the repayment by me/us to RCFL of any sum now due or which may hereafter be or become due by me/us to RCFL by way of loans or advances, notwithstanding the fact that the loans or advances or the account, may from time to time be reduced or extinguished or the balance in the said account brought to credit, the intention being that the said Demand Promissory Note and the security shall be a continuing security for any borrowing by us at anytime to RCFL. Yours faithfully, Borrower Co-Borrower Co-Borrower Date : To, Dear Sirs, Sub: Payment Authorisation Letter I, S/o. have availed a Loan from RCFL on and hereby authorize RCFL to directly make payment of Rs. /- (Rupees as mentioned in my Loan application form. Only) to the Manufacturer / Dealer / Vendor I understand and agree that such disbursement is deemed as disbursement of the Loan to me. Thanking You, Name: Cc to: [manufacturer & any other person] I s/o residing at I declare that the Loan availed by me vide loan agreement dated ___________ has been disbursed by RCFL to the Manufacturer/Dealer/Vendor based on my Payment Authorisation Letter, in accordance with the terms and conditions of the Loan Agreement, and the said Loan amount has been duly received by the Manufacturer/Dealer/Vendor. I declare that whatever I have stated is true and correct to the best of my knowledge and belief. Solemnly affirmed at on this the day of 20 Name: Date: To, Dear Sir, This is to confirm that I was present when Shri/Shrimati* put his/her thumb impression to** . The contents of the documents were explained in @ known to the said Shri/Shrimati * in my presence. Your's Faithfully, This Addendum is made on this ____________________ day of ___________ at ________________________________ RELIANCE COMMERCIAL FINANCE LIMITED, a non-banking finance company, within the meaning of the Companies Xxx, 0000, ...
DEMAND PROMISSORY NOTE. Amount: Rs. On demand I /we. do hereby jointly and severally promise to pay to MAGMA FINCORP LIMITED having its Registered Office at “Magma House”,00, Xxxx Xxxxxx, Xxxxxxx – 700016 or order at Kolkata the sum of Rs…………………………………………(Rupees… ) for MFL/TYRE/0313/1/SKG/23513-2K/06514 value received on this ……………………………………..day of 20 Authorization of the Borrower/s to make payment through ECS Debit Clearing from Salary/ Operating Account of the Borrower/s only.
DEMAND PROMISSORY NOTE. The Pledgor/s tenders herewith Demand Promissory Note(s) for the CC and/or OD credit facility(ies) mentioned above as cover for the respective credit facililty. The said Demand Promissory Note executed by the Pledgor/s in favour of the Bank shall operate as a continuing security for the CC and/or OD account(s). The said Demand Promissory Note shall operate as security for the ultimate balance with interest thereon to become payable upon the said CC and/or OD account(s), including all moneys lent, advanced, paid or incurred on such account or which may in future be advanced or incurred together with interest, discount, commission and other banking charges as fixed by the Bank or as per law from time to time and other costs, charges and expenses which may be or become payable in connection therewith and the said CC and/or OD account(s) shall not be considered to be closed for the purpose of security and the security is not to be considered as exhausted merely by reason of the said CC and/or OD account(s) being brought to credit at any time or from time to time.
DEMAND PROMISSORY NOTE. (to be appropriately stamped)
DEMAND PROMISSORY NOTE. ON DEMAND, I / We,................................................................................................................................................................................................ jointly and severally promise to pay to AXIS BANK LTD. or order, the sum of Rs .........................................(Rupees ............................................ ...............................................................................................................only ) together with interest from the date hereof, at. percent per annum or such other rate the Bank may fix from time to time, compounding and payable with daily/monthly/quarterly rests, for value received. Borrower Co-borrower Co-borrower STAMP STAMP STAMP The borrower / Co-Borrower has to sign across the revenue stamp & DP note Place ...................................................................... Date .......................................................................
DEMAND PROMISSORY NOTE. Date: Place: Name of Borrower / Co-Borrower Signature
DEMAND PROMISSORY NOTE. Place : Date : ON DEMAND, I / We (*jointly and severally) promise to pay Reliance Home Finance Limited (“RHFL”), or its assigns a sum of Rs. /- (Rupees only) for value received together with interest at the compounding rate of % per annum with rests or such other rates which RHFL may specify from time to time. Presentment for payment and noting and protest of the note are hereby unconditionally waived. Rs. /- (Rupees only) The Common Seal of M/s. Ltd. has been affixed hereunto pursuant to a Resolution passed by the Board of Directors at their meeting held on in the presence of Mr. and Mr. one/two Director/s of the company who has/have signed these presents in token thereof and Mr. Secretary/Authorised Person who has signed/ countersigned these presents in token thereof. Signed by the above named OR For Ltd.
DEMAND PROMISSORY NOTE. (to be submitted by the exporter / borrower)
