Draft of DEMAND PROMISSORY NOTE FOR JOINT BORROWERS

Meerut………..20…..
Rs . ……………
On demand we………..and……………promise to pay Shri………………….or order the sum of Rs ………………. together with interest on such sum from this date at, the rate of …………per cent per annum with quarterly rests for value received.
…………………………
Signature
(Across the stamp)