Loan Agreement / Promissory Note
Bilingual promissory note for personal loans — amount, interest, instalments, default, and witnesses.
How to use this template
1) Fill lender and borrower identities fully. 2) State principal, interest rate (write 0 if none), and due date/instalments clearly. 3) Sign before two witnesses; notarise if practicable. 4) Verify stamp duty locally. 5) Keep a separate receipt if cash was handed over.
Legal notes (read before signing)
Sample only. A written promise to repay may be enforceable under the Contract Act, 1872. Excessive interest or coercive terms may be scrutinised. This is not a substitute for a cheque-bounce (s.138) notice if a cheque is involved. Appropriate stamp duty under the Stamp Act may apply—verify locally.
Authority reference: Contract Act 1872; Stamp Act practice; market promissory-note forms. Reviewer: Pending lawyer panel review. Next review: 2026-10-01.
Interactive draft
Fill in the blanks
Complete the fields, then download or print a PDF-ready copy.
Lender
Borrower
Loan terms
Witnesses
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LOAN AGREEMENT / PROMISSORY NOTE Date: [agreement date] Lender: [lender full name], Address: [lender address], Mobile: [lender mobile], NID: [lender nid]. Borrower: [borrower full name], Address: [borrower address], Mobile: [borrower mobile], NID: [borrower nid]. 1. Promise to pay For value received, the Borrower unconditionally promises to pay the Lender BDT [principal amount] ([amount in words]). 2. Interest Interest shall accrue on any unpaid balance at [interest rate (% per year)]% per year (write 0 if interest-free). 3. Repayment Type: [repayment type (lump sum/instalments)] Schedule: [due date or instalment schedule] Place/method: [place/method of payment] Purpose (optional): [purpose (optional)] 4. Default If payment is not made when due, the Lender may pursue recovery of the outstanding sum with costs, subject to law. 5. Transfer Any transfer of this note by the Lender shall be subject to written consent of the parties / applicable law. 6. Governing law This instrument is governed by the laws of Bangladesh. Signatures Borrower: ____________________ Date: __________ Lender: ____________________ Date: __________ Witness 1: [witness 1] ____________ Witness 2: [witness 2] ____________ (Optional) Notary seal: ____________________
What each clause means
Parties
Lender and borrower.
Amount & interest
Principal and interest rate.
Repayment
When and how to repay.
Default
Consequences of non-payment.
Governing law
Laws of Bangladesh.
Preview
LOAN AGREEMENT / PROMISSORY NOTE Date: [agreement date] Lender: [lender full name], Address: [lender address], Mobile: [lender mobile], NID: [lender nid]. Borrower: [borrower full name], Address: [borrower address], Mobile: [borrower mobile], NID: [borrower nid]. 1. Promise to pay For value received, the Borrower unconditionally promises to pay the Lender BDT [principal amount] ([amount in words]). 2. Interest Interest shall accrue on any unpaid balance at [interest rate (% per year)]% per year (write 0 if interest-free). 3. Repayment Type: [repayment type (lump sum/instalments)] Schedule: [due date or instalment schedule] Place/method: [place/method of payment] Purpose (optional): [purpose (optional)] 4. Default If payment is not made when due, the Lender may pursue recovery of the outstanding sum with costs, subject to law. 5. Transfer Any transfer of this note by the Lender shall be subject to written consent of the parties / applicable law. 6. Governing law This instrument is governed by the laws of Bangladesh. Signatures Borrower: ____________________ Date: __________ Lender: ____________________ Date: __________ Witness 1: [witness 1] ____________ Witness 2: [witness 2] ____________ (Optional) Notary seal: ____________________
AdalotBD provides legal information, not legal advice, and is not a law firm. AI answers may be wrong. For your specific situation, consult a qualified advocate in Bangladesh. Legal information, not advice