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0IN1 Instalment Promissory Note with Final Balloon Payment (India) 2

Instalment Promissory Note with Final Balloon Payment (India)

This Instalment Promissory Note with Final Balloon Payment is designed for use in India. This form is available for immediate download.

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Rs.399 INR
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Add to Cart
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Please select a state

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A Promissory Note creates an obligation or contract for a borrower to repay a loan to a lender within a specified time and at a specific rate of interest. This Instalment Promissory Note with Final Balloon Payment requires equal monthly payments (including principal and interest) with a final balloon payment (a final payment which will include all remaining principal and interest). Having a written Instalment Promissory Note with Balloon Payment will prove invaluable if the borrower defaults or in the event of litigation.

Among others, this Promissory Note contains the following provisions:
  • Amount and Date:This provision sets out the specific amount of money borrowed and the date the note was signed;
  • Parties: This provision sets out the names of the borrower and the lender;
  • Rate and Payment Provisions: This provision sets out the interest rate, the date payments are due and the date the note must be fully paid;
  • Other Provisions: These provisions include prepayment and default penalties.

Protect Yourself and your Rights by using our professionally prepared up-to-date forms.

This lawyer-prepared packet includes:
  1. General Information
  2. Instructions and Checklist
  3. Instalment Promissory Note with Final Balloon Payment for use in India
Law Compliance: This form complies with the laws of the states and territories of India
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages5
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#34906
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.

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