On demand
kanmani
(Querist) 31 August 2015
This query is : Resolved
1.may we use on demand paper for money lending?
2.how much money can lend? which stamp is to be used for money lending?
3.how long it will be valid?
R.K Nanda
(Expert) 01 September 2015
consult local lawyer.
Rajendra K Goyal
(Expert) 02 September 2015
Demand Promissory note may be used.
No limit. Stamp as per stamp applicable.
Valid for 3 years.
T. Kalaiselvan, Advocate
(Expert) 06 September 2015
Well advised by expert Mr. Rajendra K Goyal. You may use demand promissory note.