LOAN AGREEMENT
THIS LOAN AGREEMENT (this "Agreement") executed on 13th day of August, 2018
BETWEEN:
THIS LOAN AGREEMENT (this "Agreement") executed on 13th day of August, 2018
BETWEEN:
AKA S/o Sri GLC Residence
of Flat No. 000, Delhi-
AND
ABC S/o XVZ, 3 East Delhi, Delhi – 110091.
IN CONSIDERATION OF the both parties this agreement of mutual concern is executed on 04.10.2019 as both parties are agree to keep, perform and fulfil the promises and conditions set out in this Agreement:
Loan Amount & Interest
1. That the first party has given a friendly
loan of Rs. 40,000/- (Rupees Forty Thousands only) to the second party vide
Cheque No. 9999
2. That the second party shall pay the above
loan amount of Rs. 40,000/- (Rupees Forty Thousand only) to the first party for one year along with interest and the principal Loan amount.
3. This
Agreement will pass to the benefit of and be binding upon the respective heirs,
executors, administrators, successors and permitted assigns of the Borrower and
Lender. The Borrower waives presentment for payment, notice of non-payment,
protest, and notice of protest.
4. This
Agreement may only be amended or modified by a written instrument executed by
both the Borrower and the Lender.
IN WITNESS
WHEREOF, the parties have duly affixed their signature on this 04th day of October, 2019.
First Party
Second Party
Signed, Sealed
and Delivered before me, on 04th day of October, 2019.
Witnesses
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