# Simple Money Bond providing for Payment by Instalments by Shiva

Simple Money Bond providing for Payment by Instalments

I, A.B., son of . . . . . . . . . of . . . . . . . . ., have this . . . . . . . . . day of . . . . . . 20 . . . . . . . . . borrowed from C.D., son of . . . . . . . . ., the sum of Rupees . . . . . (in words . . . . . . . . .) to be repaid by the following instalments, namely, the sum of Rupees . . . . . . . . . on the . . . . . . . . .day of . . . . . . . . ., 20 . . . . . . . . ., the sum of Rupees . . . . . . . . .on the . . . . . . . . . day of . . . . . . . . ., 20 . . . . . . . . . and the residue of the said sum of Rupees . . . . . . . . . .(principal) on the . . . . . . . . . . . . . . . . day of . . . . . . , 20 . . . . . . . . ., and shall pay, together with each instalment, interest at the rate of Rupees . . . . . . . . . per cent per annum upon the said principal sum of Rupees . . . . . . . . . . . . . . . . or so much thereof as shall for the time being remain unpaid, but if the said instalments are duly paid, without any deduction or default, the said interest shall be paid at the reduced rate of . . . . . .  per cent per annum.

(Sd.) A.B. in the presence of

. . . . . ., son of . . . . . . .

of. . . . . . . . .