Export
Settings
Recommended Setup
Recommended Settings
Use A4 Portrait with default settings for the complete format.
Printing Tips
Printing Tips
Filing: Print two copies, one for each party, both signed and fingerprinted.
Free IOU Form Template - Standard Loan Promissory Note
When do you need an IOU?
An IOU is the most commonly used loan document, recording borrower and lender information, loan amount, repayment terms, interest rate, and other key details.
Use Cases
- Loans between family and friends
- Small private loans
- Startup loans
- Short-term working capital
Filling Instructions
- Accurately fill in the borrower's and lender's ID numbers
- Enter the amount in both words and numbers
- Clearly specify interest rate and repayment method
- Both parties sign and fingerprint
- A witness is recommended
Legal Notes
- An IOU differs from a loan contract but carries legal weight
- Be aware of the statute of limitations
- For larger amounts, bank transfers and receipts are recommended