[{"data":1,"prerenderedAt":83},["ShallowReactive",2],{"site-contact-settings":-1,"service-promissory-note":3,"trust-badges":78,"testimonials-35":81},{"success":4,"message":5,"data":6},true,"Service retrieved successfully.",{"id":7,"name":8,"slug":9,"short_description":10,"description":11,"price":12,"original_price":13,"government_fee":14,"price_on_request":15,"timeline":16,"inclusions":17,"exclusions":22,"process_steps":26,"documents_required":43,"deliverables":48,"guarantee_text":14,"guarantee_days":14,"video_url":14,"video_thumbnail":14,"has_packages":15,"starting_price":52,"is_active":4,"is_featured":15,"is_popular":15,"sort_order":53,"meta_title":54,"meta_description":55,"og_image":14,"subcategory_id":53,"subcategory":56,"category_name":62,"category_slug":63,"packages":64,"content_sections":65,"intake_questions":66,"faqs":67,"additional_charges":76,"onboarding_config":14,"created_at":77,"updated_at":77},35,"Promissory Note","promissory-note","Get a legally enforceable promissory note drafted for personal or business loans with clear repayment terms.","A Promissory Note is a financial instrument defined under Section 4 of the Negotiable Instruments Act, 1881. It is a written promise by one party (maker) to pay a specified sum of money to another party (payee) either on demand or at a specified future date.\n\nOur legal team drafts promissory notes that are legally valid and enforceable, covering all essential elements including the unconditional promise to pay, the principal amount, interest rate (if applicable), repayment schedule, and consequences of default.\n\nWhether you are lending money to a friend, family member, or business associate, a properly drafted promissory note protects your financial interests and serves as admissible evidence in case of non-payment disputes.","1999.00","3999.00",null,false,"1-2 working days",[18,19,20,21],"Consultation on loan terms","Professionally drafted promissory note","Interest calculation guidance","Stamping and execution guidance",[23,24,25],"Stamp duty charges","Notarization fee","Debt recovery proceedings",[27,31,35,39],{"step":28,"title":29,"description":30},1,"Term Discussion","We discuss the loan amount, interest rate, repayment schedule, and any special conditions between the parties.",{"step":32,"title":33,"description":34},2,"Drafting","Our legal expert drafts the promissory note with all mandatory elements as required under the Negotiable Instruments Act.",{"step":36,"title":37,"description":38},3,"Review & Finalization","The draft is reviewed for accuracy, shared with you for confirmation, and finalized for execution.",{"step":40,"title":41,"description":42},4,"Execution Guidance","We guide you on stamping requirements (varies by state and loan amount) and proper execution by the maker.",[44,45,46,47],"Identity proof of both parties (maker and payee)","Details of the loan amount and terms","Agreed interest rate and repayment schedule","Any collateral details (if applicable)",[49,50,51],"Legally compliant promissory note","Digital copy in PDF format","Stamp duty calculation guide",1999,6,"Promissory Note | GoodAdvisor","Legally enforceable promissory note drafting for loans and financial agreements. Protect your money with proper documentation.",{"id":53,"name":57,"slug":58,"description":59,"category_id":32,"sort_order":28,"meta_title":60,"meta_description":61},"Legal Drafting","legal-drafting","Expert drafting of wills, power of attorney, deeds, agreements, and other critical legal documents tailored to your specific needs.","Legal Document Drafting Services | GoodAdvisor","Professional drafting of wills, power of attorney, gift deeds, affidavits, MOUs, and other legal documents by experienced legal experts.","Documentation","documentation",[],[],[],[68,72],{"id":69,"question":70,"answer":71,"sort_order":28},72,"Is stamp duty required on a promissory note?","Yes, a promissory note must be executed on appropriate stamp paper to be legally valid and admissible in court. The stamp duty varies by state and is typically calculated as a percentage of the loan amount. An unstamped or insufficiently stamped promissory note cannot be admitted as evidence.",{"id":73,"question":74,"answer":75,"sort_order":32},73,"What is the limitation period for a promissory note?","Under the Limitation Act, 1963, the limitation period for a promissory note payable on demand is 3 years from the date of the note. For notes payable at a fixed date, it is 3 years from the date the payment becomes due. Legal action must be initiated within this period.",[],"2026-02-24T04:57:35.000000Z",{"success":4,"message":79,"data":80},"Success",[],{"success":4,"message":79,"data":82},[],1787244963995]