DEMAND PROMISSORY NOTE

ON DEMAND I /We_____________________________________________ , __________

Branch or Order the sum of Rs.__________
(Rupees____________________________________________ only) together with interest
from the date hereof, at --------------- % per annum or such other rate lender may fix from
time to time, compounding and payable with monthly rests, for the value received.

One Rupee
Revenue
…………………………………………………………………. Stamp
Signature of the Borrower(s)

Place: ....................

Date: ................…...

The Borrower(s) has to sign across the revenue stamp & DP Note