Interest-Free Demand Promissory Note

Secure repayment of an interest-free loan with this downloadable Demand Promissory Note for principal only (no interest).

• This type of Promissory Note would most commonly be used when the borrower and the lender have a close relationship, such as family members, when no interest would be charged on the loan balance.
• The form is a generic template, and is easy to use. Just download, fill in with the details of the transaction, and print.

This Demand Promissory Note with No Interest form is available in MS Word format.