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Interest-free loan agreement.
Agreement date:
This loan agreement is commenced between:
Lender:
Name:
Address:
Phone Number:
And
Borrower:
Name:
Address:
Phone Number:
Id number:
The lender is ready to sanction € ________ as the Interest-free loan
This loan agreement is valid from _______ and is ending on: _________.
Terms & covenants:
The borrower will pay an instalment of € _________ per year for ____ years as of ________
In case the borrower is unable to complete the loan following mentioned property will be auctioned to recover the loss:
___________________________________ _______________________________
Acceptance of the loan agreement:
Signed by the Lender:
_________________
Signed by the borrower:
____________________
Signature of the witness:
__________________
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