The Bridge Loan Promissory Note is designed for situations requiring immediate short-term financing, typically used to 'bridge' the gap between two financial events or transactions. This document type is commonly utilized in Indian business and financial transactions where companies or individuals need interim funding while arranging permanent financing, completing an acquisition, or waiting for a specific business event. The document must comply with Indian financial regulations and the Negotiable Instruments Act, incorporating essential elements of both a promissory note and a loan agreement. It includes specific terms regarding the loan amount, interest rates, repayment schedule, security arrangements, and default provisions, while maintaining its negotiability under Indian law. This instrument is particularly valuable in time-sensitive transactions where formal documentation is required but traditional long-term loan arrangements are not suitable.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the maker (borrower) and the payee (lender), including full legal names, addresses, and any registration details for companies
2. Date and Place of Execution: Clear statement of when and where the promissory note is executed, which is crucial for enforcement and limitation periods
3. Unconditional Promise: Clear and unconditional promise to pay a specific sum of money, as required by the Negotiable Instruments Act
4. Principal Amount: The amount of the bridge loan being advanced, stated in both figures and words
5. Interest Rate: Specification of the interest rate, calculation method, and payment frequency
6. Repayment Terms: Details of when and how the loan will be repaid, including the maturity date and any installment schedules
7. Purpose of Bridge Loan: Statement of the specific purpose for which the bridge loan is being taken
8. Security Details: Description of any security or collateral provided for the loan
9. Events of Default: List of circumstances that would constitute default and trigger immediate repayment
10. Governing Law: Specification that the note is governed by Indian law and reference to relevant legislation
1. Prepayment Provisions: Include when early repayment options are to be allowed, specifying any prepayment penalties or notices required
2. Guarantor Details: Include when there is a personal or corporate guarantee for the loan
3. Cross-Default Provisions: Include when the borrower has other significant loans or financial obligations
4. Insurance Requirements: Include when specific insurance coverage is required for secured assets
5. Assignment Rights: Include when either party needs the right to assign the note to other parties
6. Electronic Execution: Include when the note may be executed electronically under the IT Act
7. Force Majeure: Include when specific circumstances might affect loan repayment capabilities
1. Repayment Schedule: Detailed schedule showing repayment dates and amounts, if not a single bullet payment
2. Security Details: Detailed description of any collateral or security provided, including valuations
3. Conditions Precedent: List of conditions that must be met before the loan is disbursed
4. Related Party Agreements: List and copies of any related agreements referenced in the main document
5. KYC Documents: Copies of identity and address proofs of the parties as required by law
Relevant legal definitions
Advance
Applicable Law
Business Day
Conditions Precedent
Default Interest
Default Rate
Due Date
Event of Default
Facility
Financial Indebtedness
Interest Period
Interest Rate
Lender
Maker
Material Adverse Effect
Maturity Date
Outstanding Amount
Payee
Payment Date
Permanent Financing
Place of Payment
Principal Amount
Repayment Schedule
Security
Security Documents
Stamp Duty
Subsidiary
Tax
Transaction Documents
Working Day
Applicable Law
Business Day
Conditions Precedent
Default Interest
Default Rate
Due Date
Event of Default
Facility
Financial Indebtedness
Interest Period
Interest Rate
Lender
Maker
Material Adverse Effect
Maturity Date
Outstanding Amount
Payee
Payment Date
Permanent Financing
Place of Payment
Principal Amount
Repayment Schedule
Security
Security Documents
Stamp Duty
Subsidiary
Tax
Transaction Documents
Working Day
Clauses
Promise to Pay
Interest
Repayment
Security
Representations and Warranties
Conditions Precedent
Events of Default
Acceleration
Cross Default
Prepayment
Assignment
Notices
Force Majeure
Governing Law
Jurisdiction
Stamp Duty
Registration
Amendment
Severability
Indemnification
Costs and Expenses
Set-off
Counterparts
Electronic Execution
Guarantees
Covenants
Information Rights
Dispute Resolution
Confidentiality
Further Assurance
Interest
Repayment
Security
Representations and Warranties
Conditions Precedent
Events of Default
Acceleration
Cross Default
Prepayment
Assignment
Notices
Force Majeure
Governing Law
Jurisdiction
Stamp Duty
Registration
Amendment
Severability
Indemnification
Costs and Expenses
Set-off
Counterparts
Electronic Execution
Guarantees
Covenants
Information Rights
Dispute Resolution
Confidentiality
Further Assurance
Relevant Industries
Banking & Financial Services
Real Estate & Construction
Private Equity
Corporate Finance
Infrastructure
Manufacturing
Technology & Startups
Healthcare
Retail & Consumer
Energy & Resources
Relevant Teams
Legal
Finance
Treasury
Risk Management
Corporate Finance
Credit
Compliance
Company Secretarial
Business Development
Investment Banking
Relevant Roles
Chief Financial Officer
Finance Director
Treasury Manager
Corporate Lawyer
Legal Counsel
Investment Banker
Financial Controller
Credit Manager
Risk Manager
Company Secretary
Loan Officer
Corporate Finance Manager
Managing Director
Business Development Manager
Transaction Manager
Find the exact document you need
Construction Promissory Note
An Indian law-compliant promissory note specifically designed for construction-related payments and obligations, governed by the Negotiable Instruments Act and construction regulations.
find out more
Straight Note (Real Estate)
An Indian law-governed promissory note secured by real estate property, documenting terms of loan repayment and property security details.
find out more
Promissory Note For Lending Money
A legally binding financial instrument under Indian law that documents an unconditional promise to pay a specified sum of money, including loan terms and repayment conditions.
find out more
Promissory Note For Housing Loan
An Indian legal document containing a borrower's unconditional promise to repay a housing loan, governed by the Negotiable Instruments Act, 1881.
find out more
Promissory Note For Bank Loan
A legally binding financial instrument under Indian law that documents a borrower's promise to repay a specific loan amount to a bank with defined terms and conditions.
find out more
Iou Promissory Note
A legally binding financial instrument under Indian law wherein one party promises to pay a specified sum to another party, either on demand or at a fixed future date.
find out more
Promissory Note For Real Estate Purchase
An Indian law-compliant promissory note documenting a buyer's promise to pay for real estate property, including payment terms and property details.
find out more
Promissory Note
A legally binding financial instrument under Indian law containing an unconditional written promise to pay a specified sum of money to a named party.
find out more
Secured Demand Note
An Indian law-governed financial instrument combining a demand promissory note with security arrangements, enabling secured lending with on-demand repayment features.
find out more
Promissory Letter For Work
An Indian legal document combining a promissory note with work commitments, governed by Indian contract law and negotiable instruments legislation.
find out more
International Promissory Note
An Indian law-governed promissory note for international transactions, containing an unconditional promise to pay a specified sum with cross-border payment provisions.
find out more
Loan Note
An Indian law-governed debt instrument documenting loan terms, repayment obligations, and security arrangements between lender and borrower.
find out more
Unsecured Promissory Note
An Indian law-governed financial instrument containing an unconditional written promise to pay a specified sum without any security or collateral.
find out more
Secured Promissory Note
An Indian law-governed financial instrument combining a promise to pay with security interests in assets, documenting a secured debt obligation with specified payment and enforcement terms.
find out more
Promissory Note With Notary
An Indian law-governed notarized financial instrument containing an unconditional written promise to pay a specified sum of money under defined terms.
find out more
Promissory Note Seller Financing
A legally binding financial instrument under Indian law documenting a buyer's promise to pay a seller over time, with specified payment terms and conditions.
find out more
Note Trust Deed
An Indian law-governed document establishing a trust structure for note issuances, defining the relationship between issuer, trustee, and noteholders.
find out more
Shareholder Promissory Note
An Indian law-governed financial instrument documenting a company's promise to pay a specified sum to a shareholder, including payment terms and conditions.
find out more
Simple Note Payable Agreement
An Indian law-governed agreement documenting a promise to pay a specified sum of money, with defined payment terms and conditions.
find out more
Senior Promissory Note
An Indian law-governed debt instrument containing a senior-ranking promise to pay a specified sum with defined terms and conditions.
find out more
Recourse Promissory Note
An Indian law-governed financial instrument containing a written promise to pay a specified sum, with recourse rights against the maker or endorsers in case of default.
find out more
Promissory Note Mortgage
An Indian legal instrument combining a promissory note with a mortgage deed, creating both a payment obligation and security interest in real property under Indian law.
find out more
Promise To Pay Letter For Rent
An Indian law-compliant formal written commitment from a tenant acknowledging rental dues and promising payment according to a specified schedule.
find out more
Note Agreement
An Indian law-governed promise to pay document that creates a legally binding debt obligation between a borrower and lender, including payment terms and conditions.
find out more
Interest Only Balloon Note
An Indian law-governed loan document structuring interest-only payments with a final balloon payment, compliant with RBI regulations and Indian Contract Act.
find out more
Legal Iou Form
A legally binding debt acknowledgment document under Indian law that records a borrower's promise to repay a specified amount to a lender under defined terms.
find out more
Medical Promissory Note
An Indian legal document combining a financial promise to pay with medical service details, governed by the Negotiable Instruments Act and healthcare regulations.
find out more
Standard Promissory Note Secured
An Indian law-governed financial instrument containing a promise to pay a specific sum with interest, secured by collateral, creating enforceable rights for the lender over the security in case of default.
find out more
Business Loan Promissory Note
An Indian law-governed promissory note documenting a business borrower's unconditional promise to repay a specified loan amount with interest to a lender.
find out more
Old Promissory Note
A legally binding written promise to pay a specified sum under Indian law, governed by the Negotiable Instruments Act, 1881.
find out more
Multiple Advance Promissory Note
An Indian law-governed financial instrument that enables multiple drawdowns under a single promissory note, combining credit line flexibility with legal enforceability.
find out more
Future Advance Promissory Note
An Indian law-governed financial instrument that combines a traditional promissory note with provisions for future monetary advances up to a predetermined maximum amount.
find out more
Consolidated Promissory Note
An Indian law-compliant financial instrument that combines multiple promissory notes or debt obligations into a single legally binding document.
find out more
Unsecured Demand Promissory Note
An Indian law-governed unsecured financial instrument containing an unconditional promise to pay a specified sum on demand, regulated under the Negotiable Instruments Act, 1881.
find out more
Unsecured Promissory Note Issued By A Corporation
An Indian law-governed financial instrument containing a corporation's unconditional promise to pay a specified sum without security.
find out more
Promissory Note Letter For Payment
A legally binding financial instrument under Indian law where one party promises in writing to pay a specified sum of money to another party, governed by the Negotiable Instruments Act, 1881.
find out more
Credit Card Promissory Note
An Indian law-compliant financial instrument that documents a credit card holder's promise to repay outstanding credit card debt to the issuing bank.
find out more
6 Month Promissory Note
An Indian law-governed promissory note containing an unconditional promise to pay a specified sum within six months, structured under the Negotiable Instruments Act, 1881.
find out more
Simple Promissory Letter
A legally binding document under Indian law containing an unconditional promise to pay a specified sum of money to a designated party.
find out more
Promissory Note With Balloon Payment
An Indian law-governed promissory note featuring regular payments and a larger final balloon payment, structured under the Negotiable Instruments Act, 1881.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)