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Loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2013 Dear Sir,
As in case of gift from relative, gift deed is required to draft.
Suppose a person takes unsecured loan from one of his relative, then whether he has to draft any deed or agreement
or
taking cheque of amount is sufficient to proove loan?
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@VaibhavJ

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@VaibhavJ (Expert)
03 August 2013 Hi,

No need to write any deed or agreement legally, however matter on black & white is always proves to be recourse.

So wisely you may draft deed.

Thanks
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2013 Can you provide me a simple format for the same.
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2013 Can you provide me a simple format for the same.
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@VaibhavJ

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@VaibhavJ (Expert)
03 August 2013 You may refer: https://www.bestsampleresume.com/letters/sample-loan-agreement-letter-between-friends.html

Thanks!!
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