A loan agreement or agreement to lend, like the title of the document says is an agreement executed between a lender and borrower. Such agreements are commonly executed by people who lend money to friends or family. By stipulating clauses like loan amount, payment schedule, interest payable, penalty for breach etc, it gives protection to the lender before parting with his hard earned money. This agreement, once executed is governed by the India Contract Act. Even though such agreements vary from situation to situation hereunder is a sample for reference. You could view the same and have one ordered for your personal or business needs.
