I am going to lend some money to my relatives for their family function (Marriage). I understood well that helping relatives is important and it should be safe way to protect our family also. Hence I planned to take promissory note from them and support them.
Additional, Revenue Stamps are discontinued in India and could not able to get it Bangalore. Hence let me know some format of promissory note and procedure for getting it notarized.
Is it necessary to get notarised?
How does make promissory note sounds good?
I am going to offer them "X"amount at IR of 8% per annum basis.
You can share with me sample format and its web link.