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Bank Loan Agreement Format India

Dear Kartika. It depends on the conditions set out in the agreement. Has this clause been included in the agreement that you must recover the advances if the buyer is unable to purchase the property? A credit agreement is a contract between the borrower and the lender that sets the conditions for granting the loan to the borrower. A loan can be taken out by a lending institution, friends, family members, etc. Dear srinivas, yes, keep going! I think a credit agreement is a better option. Please contact a civil lawyer. (i) Can I show the PN (who is now with me) to the US court or the US government to prove that I borrowed money from him in 2010 when we were in India to treat my father? In other words, do U.S. courts or the U.S. government recognize the PR originally signed in India? If necessary, my wife is ready to testify that the PN information is true.

Hello Srikanth, This is a very informative article. I have a question: I took 23 L of mortgage from a bank. Now, a friend of ours tells us that he can lend us money to make this loan, and we have to repay it without interest. As a Muslim, he does not like to earn or spend on interest. So, if we lend it, what could be fiscal and how can we save taxes? Because we don`t let him get into trouble with taxes and the same for us. He has a savings account from which he can lend UA via RTGS or check. Greetings, in December 2015, I reimbursed my wife the remaining $95,000. I made this payment by paying money from my U.S. bank account to his U.S. bank account. After that, we both signed on the back of the PR and stated that the loan has been fully paid and that the PR is invalid (and my wife returned this PR to me). Luckily, I still have this PR with me.

My clarification on financial matters is that my husband has 3 properties (2 independent and 1 apartment) that are in his name. I deserve most of my married life and I haven`t saved a single rupee in my name. all 3 properties were purchased on loan by LIC and 2 loans were taken out, with the exception of the colocation loan. . . .