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Template

Indemnity Bond Template

A general indemnity bond by which one party agrees to make good any loss suffered by another arising from a stated event.

INDEMNITY BOND

A bond executed on non-judicial stamp paper of the value prescribed by the State, by which the executant (Indemnifier) agrees to keep the beneficiary indemnified against loss.

This Indemnity Bond is executed on this [DD/MM/YYYY] by [Full Name of Indemnifier], son/daughter/wife of [Guardian Name], residing at [Full Address], holding [ID Type & Number] (hereinafter the "Indemnifier"), in favour of [Name of Beneficiary / Institution] (hereinafter the "Beneficiary").

WHEREAS [State the circumstances - e.g., the original (Document Name) bearing No. (Number) has been lost / a duplicate is required / the transaction of (Detail) is being carried out].

NOW THIS BOND WITNESSETH that the Indemnifier hereby agrees and undertakes to keep the Beneficiary fully indemnified and harmless against any loss, claim, cost, damage or liability that the Beneficiary may suffer or incur by reason of the above, and to pay to the Beneficiary on demand the amount of any such loss up to Rs. [Bond Amount].

_____________________
INDEMNIFIER
[Name]
Place: [Place]    Date: [DD/MM/YYYY]
WITNESSES:
1. _____________________ (Name & Address)
2. _____________________ (Name & Address)

How to use: Execute on non-judicial stamp paper of the value applicable in your State, complete both witnesses, and get it notarised. Banks and registrars often prescribe their own bond value.

Before you use it — fill in / check

  • Full Name of Indemnifier
  • Beneficiary / Institution
  • Circumstances / Detail
  • Date

How to use this template

  1. Read through and replace every [bracketed] or blank placeholder with your actual details.
  2. Delete any clause that doesn't apply and add anything specific to your situation.
  3. Click Print / Save as PDF to download, or Copy text to paste into your letterhead.
  4. Get it signed / stamped / notarised as required, and keep a copy for your records.

This is a general, editable template for convenience only — not legal advice. For anything material, have a professional review it. TaxClue isn't liable for how it's used.