Loan Agreement
Whether you’re lending money to a friend, investor, employee, or business entity, a Loan Agreement ensures the transaction is clear, secure, and legally enforceable. It defines the loan amount, repayment terms, interest, security, timelines, rights, and default consequences—reducing misunderstandings and protecting both lender and borrower. At Aarthika Globcorp, we draft legally strong, transparent, and custom Loan Agreements suitable for personal loans, business funding, inter-corporate loans, partner loans, and secured lending. With rising financial disputes, having a watertight agreement is essential for ensuring your money is always protected.
Documents Required
- Identity & address proof of lender and borrower
- Loan amount & repayment schedule
- Interest rate details (if applicable)
- Security or collateral documents
- Bank details for disbursement
- Purpose of loan & declaration
FAQs
Not mandatory, but strongly recommended to ensure clarity and legal enforceability.
Loan amount, interest terms, repayment schedule, security, default consequences, termination, and jurisdiction.
Yes, having two witnesses strengthens legal validity, especially for personal loans.
The lender can enforce penalties, seize collateral (if secured), or take legal action based on the agreement.
Yes. E-signed agreements are valid under the Information Technology Act.