Franchise Agreement
Fees, royalty, territory and brand standards, clearly agreed.
Documentation
Loan Agreement Drafting by Lawyers
Lending or borrowing money? A clear loan agreement records the amount, interest, repayment and security, so both sides know where they stand.
- Draft in 2–3 working days
- Interest and repayment terms
- Security and guarantees
- Two revision rounds
Why put a loan in writing?
Whether it is a friendly loan between individuals, a loan from a director to a company or a business loan between firms, a written loan agreement avoids disputes about how much was lent, on what terms and when it is due. It is also strong evidence if recovery is ever needed.
Key clauses
| Clause | What it covers |
|---|---|
| Amount and disbursement | How and when the money is paid |
| Interest | Rate, calculation and payment dates – or that the loan is interest-free |
| Repayment | Instalments or a lump sum, prepayment rights |
| Security | Mortgage, pledge, post-dated cheques or a personal guarantee |
| Default | Events of default, penal interest and recovery rights |
| Dispute resolution | Jurisdiction or arbitration |
Points to note
- Loans of ₹20,000 or more should be given and repaid through banking channels, not cash.
- Interest earned by the lender is taxable.
- A company taking loans may need to report them to the ROC – see DPT-3 filing.
Our service
Our lawyers draft the agreement for your situation and advise on stamp duty in your state. If a loan goes unpaid, we can send a legal notice. For cheque defaults, see cheque bounce case.
Documents required for Loan Agreement
After you purchase, log in to My Account → My Services and upload each document below. Scanned copies or clear phone photos (PDF, JPG or PNG) are fine. Your files are stored privately and seen only by your assigned expert.
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Details of the parties Names, addresses and PAN or company details of each party Required
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Loan terms Amount, interest rate, repayment schedule and tenure Required
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Security or guarantee details Property, shares or a guarantor, if any If applicable
Loan Agreement process with Nevo Legal
Brief
Share the parties and loan terms.
Drafting
Lawyer drafts the loan agreement.
Review
Two rounds of revisions.
Execution
Stamping and signing guidance.
What you get
- Loan agreement drafted by a lawyer
- Two revision rounds
- Stamping and signing guidance
Loan Agreement – frequently asked questions
Is a loan agreement valid without registration?
Yes. A loan agreement does not usually need registration, but it must be properly stamped as per state law.
Can a loan between friends be documented?
Yes, and it is a good idea – a simple agreement avoids misunderstandings later.
Can the agreement include security?
Yes. It can provide for property, shares, a guarantor or post-dated cheques as security.
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Not sure which service you need?
Speak to a Nevo Legal expert. We will understand your requirement and recommend the right legal route – no obligation.