Secure repayment of an interest-free loan with this easy-to-use 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.

This Demand Promissory note with No Interest form is available in MS Word format, and is easy to download, fill in with your details, and print.