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Promissory Note (loan between people)
NextGen Docs form ND-1002. Search ND-1002 on docs.ngz.ca to make this document again.
A written promise to pay back money you borrowed from family, a friend or a business.
Start this document $2.99 or in the monthly planHow it works
What you will fill in
- Lender's full name (who gives the money)
- Borrower's full name (who receives the money)
- Borrower's address
- Amount borrowed ($)
- Date the money is given
- Interest per year (%). Write 0 for no interest.
- How will it be paid back?
- Pay back by (date)
- Monthly payment ($)
- First monthly payment on
Good to know
- Both people keep a signed copy.
- A witness who is not related to either person makes the note stronger.
Help in your language
Every question comes with help like this. For example, “Lender's full name (who gives the money)”:
English: The person or business lending the money.
اردو: جو شخص یا کاروبار قرض دے رہا ہے۔
ਪੰਜਾਬੀ: ਜੋ ਵਿਅਕਤੀ ਜਾਂ ਕਾਰੋਬਾਰ ਕਰਜ਼ਾ ਦੇ ਰਿਹਾ ਹੈ।
हिन्दी: जो व्यक्ति या कारोबार कर्ज़ दे रहा है।
Français: La personne ou l'entreprise qui prête l'argent.
Questions people ask
How much does the Promissory Note cost?
It is free to fill in and preview. To download it, buy just this one for $2.99 or use a plan (Monthly $9.99, or Yearly $79); new accounts get 7 days free with no card needed.
Can I fill in the Promissory Note in Urdu, Punjabi, Hindi or French?
Yes. The finished document is in English, but every question has plain help in English, Urdu, Punjabi, Hindi and French, and you can speak your answers.
Do I need a lawyer?
Many people use this document on their own. If your situation is complicated, or a lot of money or your home is involved, talk to a lawyer or licensed paralegal. In Ontario, the Law Society Referral Service (findlegalhelp.ca) gives a free 30-minute consultation.
Is my information private?
Only you can see your answers. They are saved on your device, and in your own account if you sign in, so you can finish on another device. NextGen Docs is not a law firm and does not give legal advice.