1. Late Payment Provisions: Include when parties want to specify penalties or additional interest for late payments

2. Prepayment Clause: Include when the maker wants the right to pay before the due date, potentially with or without penalties

3. Witness Details: Include when parties want additional verification of execution, though not legally required for promissory notes

4. Governing Law: Include when the parties are from different jurisdictions within India to specify which state's laws will apply

5. Notice Clause: Include when specific procedures for serving notices need to be established

1. Payment Schedule: If the payment is to be made in installments, details the dates and amounts of each installment

2. Interest Calculation Method: If interest calculations are complex, provides detailed explanation of how interest will be calculated

3. Bank Account Details: Contains the bank account information where payments should be made, if applicable