Simple Bond for Money Borrowed

I, KB, s/o Mr. RB, r/o ……………………. have borrowed a sum of Rs. ………………….. (Rupees ………………… only) from Mr. AN, s/o Mr. KK, r/o ………………. on account of price of furniture purchased from him.

I promise to pay the said amount on demand on or before…………….with interest @ 18% per annum from the date of this bond.

In witness whereof, I have signed this bond on this …. day of ……………, 2000, in the presence of the following witnesses.

WITNESSES :

1. Name…………………………

Address……………………… Signature of …….

2. Name…………………………

Address……………………… Signature of …….