1 /
2
Promissory Note (Simple) — Word & PDF Template
Simple interest-free promissory note recording an unconditional promise to repay a fixed sum, with repayment terms, late payment and transferability.
incl. VAT
Compatible with:
This Promissory Note (Simple) is a short, written promise by one party (the maker) to repay a fixed sum of money to another, without interest. It provides a clear and straightforward record of a debt for use in England and Wales.
Who is this template for?
For people lending or borrowing a fixed amount who want a simple IOU — ideal for interest-free loans between friends, family or business contacts where a full loan agreement is unnecessary.
What does the template include?
The note is organised into clearly numbered sections:
- Parties and Promise to Pay — the maker and payee and the debt.
- Promise to Pay — the principal amount owed.
- Repayment — when and how the debt is repaid.
- Unconditional Obligation — the promise is not conditional.
- Late Payment — consequences of late repayment.
- Transferability — whether the note can be transferred.
- Governing Law — England & Wales jurisdiction.
- Signature of Maker — execution by the borrower.
Easy to customise
The template works in Microsoft Word, Google Docs and LibreOffice. Fill in the highlighted fields, set the amount and repayment terms, then have the maker sign.
Format and scope
Provided as an editable Word (.docx) file and a ready-to-print PDF in A4 size, drafted for use in England and Wales.
How to edit the template
- Download the DOCX file after purchase
- Open it in Word, Google Docs, LibreOffice or another DOCX editor
- Fill in the parties' details in the marked fields
- Edit the terms and text to match what has been agreed
- Print it for signing or send it digitally
