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    Promissory Note for Interest-Free Loan | Canada

    $2.29

    Sometimes when you lend money, you may decide not to charge interest. But you still need to get a promise from the borrower to repay the loan. Get the borrower to sign this Demand Promissory Note for principal only.

    • This form is only for use in Canada. It can be used in any province or territory except Québec.
    • This type of Promissory Note is most commonly used when the loan is between two persons who have a close relationship, such as family members.
    • Because no interest is being charged on the loan, the borrower is only required to pay back the principal amount of the loan.
    • The Demand Promissory Note for an interest-free loan is a digital download that is easy to use. Buy the form, download, print, fill in the details and sign.
    Download Type: Microsoft Word
    Last Updated: 26-March-2021
    SKU: 6510