Sample Loan Document

A sample loan document is one which embodies a loan deal. It is created on the basis of the agreements traded between a banker or money lender and the borrower or client. As it is a legal deal, the document must be formatted with care and approved officially to stay away from errors.

You can Download the Free Sample Loan Document customize it according to your needs and Print. Sample Loan Document is either in MS Word, Excel or in PDF.

Sample Loan Document:

Sample Loan Document

Download Free Sample Loan Document

Subject: Loan agreement between WeCare Bankers and Mr. Harrison Ford

Participants: WeCare Bankers [henceforth referred to as A] and Harrison Ford [henceforth referred to as B]

Nature of agreement: This document validates the fact that A has sanctioned a home loan of $4, 50, 000 to B to purchase a house. The relevant documents are enclosed here. This contract rests on the following terms and conditions.

Time period for the validity of loan repayment: Four years

Date of first installment payment: 7th September, 2011

Date of last installment payment: 7th September, 2015

Points to be noted:

  • B has ascertained a guarantor of the loan who would stand as security in case of his failure to repay the loan.
  • B has agreed to pay back the full amount along with the interest at the rate of 12% per annum.

The agreement is binding on all the parties involved in the deed and any violation of the aforesaid terms will be counted as a break of law. The parties must make all attempts to rigidly follow the terms carrying legal credence.

Signature of loan provider A: _________________________________

Signature of money borrower B: _______________________________

Signature of guarantor: _______________________________________

Signature of witness: _________________________________________

Date:  1st August, 2011

Posted in Loan Documents