Equal Installment Bond
This
bond is executed on this ...........day of ...........at ............ jointly by :
1.
Mr. KN s/o PK r/o .........................., hereinafter called the security.
Whereas
Mr. CP s/o Mr. IB r/o ........................... has advanced , sum of Rs. 1,00,000.00 to Mr.
KN, above named.
Now
we the said KN and KB jointly and severally bind ourselves to pay the said sum
to Mr. CP on demand along with interest at the rate of 18% per annum.
Witnesses:
1.
Name.................... Signature.............
Address.................
(KN)
2.
Name................... Signature ................
Address...............
(KB)
