DPN Full Form

DPN full form is Demand Promissory Note 

In simple words it is a document taken by the bank when there is no fixed period for the repayment of loan 

In Demand Promissory Note  borrower makes a promise to the bank to repay the loan amount  

With agreed rate of interest on demand 

DPN compulsory be stamped as per Indian Stamps Act

DPN limitation period is 3 years from the date of execution 

It means within 3 years if loan not repaid 

Bank has to get fresh documents for extending the period