Suppose we lend money to our close friends, as taught it is better to make a written agreement between both. I would like to know what type of agreement to return and lending should be written, and how, for future uncertainties?

Friendly loan Agreement sample

You can get a loan agreement signed by your friend.

nA loan agreement is contract between two parties, which includes all the terms and conditions like term of loan, rate of interest, mode of repayment, etc.

It is to be signed by both the parties.

,Attaching a sample loan agreeement.

Simple loan Agreement sample

A loan (payment) agreement is a legal contract detailing the terms of installment payments between the lender (the creditor) and the payer (the debtor).

It is important because it holds all parties accountable to the payment plan and acts as a point of reference if disputes escalate.

If you donu2019t have such an agreement, the risk for a creditor is you donu2019t get your money back.

There are no legal consequences if your debtor fails to make their repayments: Payment Agreement Template (Free Sample)These agreements can be complicated with a list of terms and conditions.

While there are no set rules for what should be in such an agreement, below is a list of standard inclusions and a simple loan agreement template (see the screenshot below):,Parties involved,Debt amount,Payment plan,Default management,Dispute resolution,Amendment process,Section for signing

Loan Agreement form PDF

I got this process Information from HDFC LTD.

The Process is the same for all Banks.

,Step 1: Payment of u2018Filling Fees of 1000u2019Visit GRAS Website,Click on Inspector General of Registration,Click on Pay without Registration.

,Click on Citizen,Make a payment on registration,Make stamp duty & Registration Fee together,# Department Details:District: Choose the district where the property is situated,Office Name: Choose Sub-Registrar office under which Jurisdiction the Property is situated and also office where notice needs to be submitted.

,Article Code: 6(1) -Agreement Relating to Deposit of Title Deed.

,# Payment DetailsStamp Duty 100/-Registration Fee 1000/-,Total Amount of 1100/-# First Party & Second Party DetailsPlease fill in your name and Property details and Second Party Name as u2018your bank nameu2019 exampleu201d HDFC Ltdu2019,# Payment DetailsPayment Mode: Select u2018e-Paymentu2019,Payment Can be made through credit/debit CardClick on the u2018Submitu2019 button.

,After Submission, Challan can be viewed, and Payment can be made.

,Important: After Payment, 18 digit GRN No.

is generated which needs to be saved.

You will not receive this number via email or SMS so Take a screenshot of GRN number or save this number insecure place.

You will need this number in the next step.

,Step 2: Filling of u2018Notice of Intimationu2019 with Office of u2018Inspector General of Registrationu2019 [IGRO]u00b7 Visit website http://igrmaharashtra.

gov.

in Change Language to English from Marathi.

,u00b7 Under the heading of u2018Online Servicesu2019 Click on Tab u2018PDE for Filing.

,u00b7 Create Username and Password [In future you will not need 13-digit Token number (not a username) To modify old entry],Once you logged in, Enter Date of Mortgage.

This Date of Mortgage shall always be the date of execution of u2018Memorandum of Depositu2019 (Which you will get from the bank along with the e-SBTR form),Note: Please check before user-id Token No is field is available.

Copy and Paste this Token number.

You will need this to modify entries in this account.

If you fail to note down or forget this Token no then you need to do all u2018Step 2u2019 process again from Start.

,# u2018Mortgagor Detailsu2019 Tab:,u00b7 Party type: Select u2018Individual / Organizationu2019 and Fill up all the requisite details of the Mortgagor.

Mortgagor needs to party who have signed the loan agreement, u2018Memorandum of Depositu2019, etc with the bank.

,u00b7 The Mortgagor who will be presenting the u2018notice of intimationu2019 before the Sub-Registraru2019s office, should check on the box u2018is Presenter u2018,u00b7 Click u2018Saveu2019 > Click u2018Closeu2019,# u2018Property Detailsu2019 Tab :,u00b7 Kindly fill in details of the Property which is mortgaged in the favor of Bank.

You can find details of Property from Index 2 document of the Property.

,u00b7 If the property is a Flat then under u2018House Typeu2019> Select u2018Niwasi Sadanikau2019,u00b7 Add the details of documents deposited with a bank for creation of Mortgage,u00b7 Click u2018Saveu2019 > Click u2018Closeu2019,# u2018Payment Detailsu2019 Tab :,1.

Filling Fee:u00b7 Select the u2018Filling Feeu2019 paid by u2018eChallanu2018.

Enter the 18-digit GRN number (Remember at the end of Step 1 above we saved GRN number) and GRN Amount as Rs.

1000/-,u00b7 Click u2018Saveu2019 & then click u2018Add to mention Stamp duty,2.

Stamp Duty:u00b7Stamp duty up to Rs.

5000/-: Select the mode of payment for Stamp Duty paid by u2018Frankingu2018, enter the Franking M/C No.

as u2018PB5215u2019, Franking Serial No.

as u20186 digit number of the Franking (Next to the amount of Stamp duty)u2019 and enter the Franking amount as u2018The amount which is paid on the Memorandum of Depositu2019,u00b7Stamp duty more than Rs.

5000/-: Select the mode of payment for Stamp Duty paid by u2018eSBTRu2018 (Check your BTR form given by Bank), Enter the 18 digits GRN No (This GRN number is from eSBTR receipt not from Step 1), Stamp duty amount & Last 7 digits of u2018Stationery numberu2019 as printed on eSBTR receipt attached to the u2018Memorandum of deposit.

u2019,3.

Click on u2018View Noticeu2019 and check all details of Notice.

If some corrections need to be done, then click on u2018Backu2019 and Edit the details.

If all details are correct, then Click on u2018Submit datau2019.

Once it is Submitted.

A PDF file of Notice of Intimation is generated,Click on u2018Closeu2019,# View & Submit to SRO button:,u00b7 Click on button u2018Completeu2019,Log Out.

,Step 3: Print out of Notice of IntimationTake a print out of u2018Notice of Intimationu2019 then visit your Bank.

,Affix Photograph in Party Photo, Thumb Impression in Party thumb and Signature of the Mortgagor/s in Party Signature sections respectively.

,u00b7 Take round Stamp from Bank and Signature of the Signatory of Bank.

,u00b7 This notice is given by you to the Sub Registrar Office.

,Step 4: Visit the Office of u2018Sub-Registrar of Assurancesu2019Finally, we are at the last Step of this Process.

,Here is the Document List :,1.

Notice of Intimationu2019,2.

True Copy of u2018Memorandum of Depositu2019,3.

Index 2 of Property Document,4.

PAN Card or Identity Proof of Mortgagor.

,5.

eChallan of Rs.

1100/- Paid towards Filling Fees (From Step 1 above),All the above documents need to be submitted at the Designated office of Sub Registrar of Assurance [SRO] & Rs.

300/- in Cash needs to be Paid to the SRO.

,Last Step: After such Submission and Payment then SRO will issue a Receipt and Copy of the same needs to be submitted to the Bank

Loan contract sample

Because someone is giving you money which they want back.

,The basic terms are obvious u2014 person A is borrowing $X from person/bank B, itu2019s due back by (date) and the interest rate is Y%.

,The actual terms vary by the type of loan and lender, so ask the lender for a sample copy to review.

You can likely find sample loan agreements online.

Business Loan Agreement PDF

Different lenders may have different documentation requirements.

For instance, to apply for a commercial vehicle loan at Fullerton India, a self-employed individual involved in the transportation business will need the following documents:,Duly filled loan application form,Recent colored photograph,Identity proof, like voter ID card, passport, driving license or PAN card,Residence proof, like rental agreement, ration card, telephone bill, driving license, passport, electricity bill, bank statements or passbook,Age proof, like passport, PAN card, or another certificate from a statutory authority,Proof of business existence,Bank statements for the last six months,Profit and loss statement for the last three years,Balance sheet for the last three years,Income Tax Returns for the last three years (for business and self) duly certified by a Chartered Accountant,The applicants must keep digital copies of these documents ready at the time of the loan application.

Ensure that the scanned copies are in .

pdf, .

jpeg, or .

jpg formats only.

Applicants must upload these document files to complete their commercial vehicle loan application.

Loan Agreement template Word

Yes, a sale agreement is mandatory for home loan in Bangalore.

Adequate stamp duty must be franked or e-stamped.

Stamp duty is 0.

10% of sale value.

,Its mandatory to submit following documents for a home loan,Loan application,Agreement for sale (Popularly known as sale agreement),Personal documents (Passport size photo, PAN, Aadhar, 6-month bank statement, salary slip, IT return for the last two year),Property Documents,,Below is the step by step procedure to execute a sale agreement.

,Step 1: To prepare a sale agreement, you need the following document.

,Absolute Sale deed of seller,Khata certificate & extract,Latest tax paid receipt,Encumbrance certificate (EC),A template of sale agreement.

You can access the template by simple google search or email to us,Step 2: Prepare the draft in word format.

Using the template, edit the necessary details.

A typical draft should have following details.

,The date on which the sale agreement is being executed,Name, Father/Husbandu2019s Name, Age, Address and PAN card details of the Vendor(s) and Purchaser(s),Schedule of the property,Title flow of the property,Total sale consideration, i.

e.

the total sale value,Advance payment, balance payment & mode of payment,Timeline for completing the transaction, i.

e.

registering the sale deed,Vendor obligations,Non-solicitation by Vendor,Dispute handling mechanism,Default, exit, and penalty clause,Schedule,In general, a draft should have 3 sub-schedules.

For example, Schedule A, Schedule B, and Schedule C,Schedule A refers to a large portion of the project.

probably measured in acres,Schedule B: refer to the exact unit of the project.

Measurement of your flat size in sq.

ft or sq/mt.

,Schedule C: refer to the undivided land share.

Measure in sq.

ft or sq/mt.

(This is applicable only for an apartment),Step 3: Exchange the draft between buyer, seller, and advocate for correction, edition, or final confirmation.

Preferably exchange the draft by email for sake of maintaining record (proof) and expedite the process.

,Step 4: Print the draft on A4 size document paper or bond paper.

Like the one below.

,Step 5: Stamp duty for sale agreement is 0.

1% of considerable value.

For example purchase value Is Rs.

50 Lakh.

Stamp duty is Rs.

50,00,000 X 0.

1% = 5,000/-,Draw Rs.

5,000/- demand draft (DD) in the name of sub-register office, where your property located.

,Step 6: The seller and buyer should sign the agreement on all pages.

Two witnesses have to sign at witness section (Usually at last page of agreement),Step 7: Get the agreement franked at respective sub-register, where your property is located.

,This completes the execution of u201cAgreement for saleu201d in Bangalore.

,,We provide the service of agreement drafting, execution, franking, and home delivery.

To opt for our service, please Whatsapp to 9 7 4 2 4 7 9 0 2 0.

,Thank you for reading, have a great dayu2026

Simple loan Agreement template free

A loan (payment) agreement is a legal contract detailing the terms of installment payments between the lender (the creditor) and the payer (the debtor).

It is important because it holds all parties accountable to the payment plan and acts as a point of reference if disputes escalate.

If you donu2019t have such an agreement, the risk for a creditor is you donu2019t get your money back.

There are no legal consequences if your debtor fails to make their repayments: Payment Agreement Template (Free Sample)These agreements can be complicated with a list of terms and conditions.

While there are no set rules for what should be in such an agreement, below is a list of standard inclusions and a simple loan agreement template (see the screenshot below):,Parties involved,Debt amount,Payment plan,Default management,Dispute resolution,Amendment process,Section for signing