Loan Agreement

LawBRO’s Loan Agreement service provides a legally binding contract between a lender and borrower, ensuring clarity, enforceability, and protection for both parties. It’s ideal for personal loans, business funding, or private lending arrangements.

What’s Included:

• • Custom Drafting: Tailored to the specific loan amount, repayment terms, interest rate, and collateral (if any)
  • Key Clauses Covered:
    • Loan amount and disbursement method
    • Repayment schedule and interest terms
    • Default provisions and penalties
    • Security or collateral details
    • Governing law and dispute resolution
  • Legal Validity: Compliant with Indian Contract Act and relevant financial regulations
  • Digital Delivery: Final agreement provided in editable format for easy execution

Ideal For:

• • Individuals lending or borrowing money privately
  • Businesses offering internal loans or credit
  • Friends or family formalizing financial arrangements