Example of Promissory Note In Excel

The I will pay It is a document that guarantees a monetary loan, and unlike the bill of exchange, it does not require a contract that guarantees it.

The I will pay It has a simple structure, and you must follow some simple rules that we will list below.
1. Place and date on which the document is made
2. Due date.
3. Place and date to be paid
4. The word I WILL PAY that must be found in the document
5. The word unconditionally, which gives formality to the document.
6. Name of who is beneficiary of the document (who receives the payment)
7. Quantity and amount of the document in number and letter (The letter is essential)
8. Cause or concept for which the document is issued (it is not essential and is usually inscribed on the back)
9. The signature of the subscriber or grantor, (who agrees to pay).
10. The interest rate and the way in which it is applied must be marked, and
11. The data of the guarantor, (if any), go to the reverse.
The I will pay a commercially acquired promissory note as well as one that has been made by oneself has legal and official validity.

Here is a example of promissory note in excel to download.

Example of Promissory note in Excel