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    Loan Agreement: Between

    Uploaded by

    Trigunait Kumar Pawan
    This loan agreement is between [LENDER NAME] and [BORROWER NAME] for a principal loan amount of [PRINCIPAL AMOUNT]. The borrower promises to repay the loan within [NUMBER] months, with interest at [INTEREST RATE]% per annum, through [NUMBER] equal monthly installments of [INSTALLMENT AMOUNT] each. The agreement outlines terms for late charges, prepayment, security for the loan through a mortgage, events of default and acceleration of the full balance, dispute resolution, and amendment of the agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Loan Agreement: Between

    Uploaded by

    Trigunait Kumar Pawan
    46 views2 pages
    This loan agreement is between [LENDER NAME] and [BORROWER NAME] for a principal loan amount of [PRINCIPAL AMOUNT]. The borrower promises to repay the loan within [NUMBER] months, with interest at [INTEREST RATE]% per annum, through [NUMBER] equal monthly installments of [INSTALLMENT AMOUNT] each. The agreement outlines terms for late charges, prepayment, security for the loan through a mortgage, events of default and acceleration of the full balance, dispute resolution, and amendment of the agreement.

    Original Description:

    Loan Agreement

    Original Title

    Loan Agreement

    Copyright

    © © All Rights Reserved

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    This loan agreement is between [LENDER NAME] and [BORROWER NAME] for a principal loan amount of [PRINCIPAL AMOUNT]. The borrower promises to repay the loan within [NUMBER] months, with interest at [INTEREST RATE]% per annum, through [NUMBER] equal monthly installments of [INSTALLMENT AMOUNT] each. The agreement outlines terms for late charges, prepayment, security for the loan through a mortgage, events of default and acceleration of the full balance, dispute resolution, and amendment of the agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    46 views2 pages

    Loan Agreement: Between

    Uploaded by

    Trigunait Kumar Pawan
    This loan agreement is between [LENDER NAME] and [BORROWER NAME] for a principal loan amount of [PRINCIPAL AMOUNT]. The borrower promises to repay the loan within [NUMBER] months, with interest at [INTEREST RATE]% per annum, through [NUMBER] equal monthly installments of [INSTALLMENT AMOUNT] each. The agreement outlines terms for late charges, prepayment, security for the loan through a mortgage, events of default and acceleration of the full balance, dispute resolution, and amendment of the agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    LOAN AGREEMENT

    This Loan Agreement ("Agrceinent") is executed and effective from [DATE],

    BETWEEN

    [NAME] (the "Lender"), s/o [NAME], r/o

    AND

    [NAME] (the "Borrower"), a corporation incorporated under with its registered office at
    [ADDRESS]

    The Borrowcr, for the value of Rs. [PRINCIPLE AMOUNT] received on the [DATE], promised to repay
    the Lender in accordance to the below mentioned terms:

    1. PROMISE TO PAY
    The Borrower promises to repay Lender the sum of [AMOUNT], along with interest and other
    charges stated below, with in [NUMBER] months from today,

    2. BREAKDOWN OF PRINCIPAL LOAN AMOUNT


    Amount of Loan:
    Other (Describe)
    Amount financed:
    Finance charge:
    Total of payments:

    3. INTEREST
    For the purpose of repayment, the interest rate on the principle amount of loan under this Agreement
    shall be per annum.

    4. REPAYMENT
    The Borrower shall repay the lender in [NUMBER] equal uninterrupted monthly installments of Rs.
    [AMOUNT] each within first 5 days of each calendar month.

    5. LATE CHARGES
    If any installment is not paid within the specified time, then shall attract a levy of a late charge of
    [percentage] of the payment, which does not exceed [AMOUNT] for a single installment.

    6. PREPAYMENT
    The Borrower has the right to make a prepayment of the whole outstanding amount at any time. In
    such case, the lender shall refund the unearned finance charge according to the commonly used
    formulas.

    7. SECURITY
    So as to protect the Lender, the Borrower shall provide Security Interest or Mortgage which shall be
    the property of following description:

    [DESCRIPTION OF PROPERTY]

    8. DEFAULT
    The borrower shall be at default, if for any reason he fails to make the payment on time. The Lender
    will then be entitled to demand an immediate payment of the entire unpaid balance that remains of
    this loan, without giving a further notice.
    The Borrower for further delay shall be charged an interest of [%] per year on the unpaid balance.
    The lender may approach the appropriate judicial authority in [CITY/ JURISDICTION] in case any
    dispute regarding repayment is not resolved by the terms mentioned.

    9. AMENDMENT
    The Loan Agreement may be amended with consent of both parties notified in a written fonn and
    signed by the authorized individuals.

    10. GOVERNING LAW


    This Loan shall be governed by and construed in accordance with the laws of

    LENDER BORROWER

    Authorized Signature Authorized Signature

    Legal Name and Title Legal Name and Title

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