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Raj   15 October 2018

Loan agreement

Dear Sir,

I want to borrow business loan from a private party

What kind of document should be created for pledging my business as a whole

Can any one send the prescibed format with ncecessary clause

Also kindly tell me the value of stamp paper on which the loan agreement should be written

Regards

Raj



Learning

 1 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     15 October 2018

It depends on type of loan you are taking for example if you are mortgaging property then you have to execute mortgage deed. So it is advisable to consult with local advocate who can guide you as per your nature of transaction. 


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