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How to make a loan agreement between parties


11-Apr-2023 (In Banking / Finance Law)
hi, i have taken a loan from my relatives (Rs. 22 Lakh once and after that Rs. 10 lakh) to buy a property. can you please tell me the stamp paper on which i can make an agreement regards
Answers (3)

Answer #1
659 votes
Dear Sir/Ma'm
We can not tell you like that how much amount of stamp paper needed. just let us know if you want to make it from us. the only we will able to tell you that what to be needed or what not

Answer #2
854 votes
You will be needing a Stamp Paper worth Rs 100, for getting a Loan Agreement Registered.You can get in touch with any Advocate and get the needful done.
You will be the first party and the other relative will be the second party in the Agreement.
Answer #3
660 votes
yes there needs a proper documentation for the same so that other person cannot misuse or increase the loan amount to cheat you and for property you need registered documents as unregistered documents may be challenged any time ..... contact me as soon as possible

Sandeep Saini
Advocate

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