A loan agreement is a legally binding document that defines the terms between a lender and borrower — protecting both sides in any financial transaction. It clearly specifies the loan amount, repayment schedule, interest rate, and consequences of default, ensuring complete transparency and legal safety.
With Square Sky, you can get your loan agreement drafted, e-stamped, and delivered to your doorstep — legally valid and customized — without any office visits or legal hassle.
What Is a Loan Agreement?
A loan agreement (also known as a loan contract or money lending agreement) is a written contract between two parties — the lender (who provides money) and the borrower (who receives it). It serves as legal proof of the loan and prevents misunderstandings or disputes later.
A standard loan agreement includes:
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Names and addresses of lender and borrower
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Loan amount and disbursement details
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Interest rate and repayment schedule
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Collateral or security (if applicable)
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Late payment and default clauses
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Rights and responsibilities of both parties
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Signatures and witness details
This document acts as a legally enforceable record of the transaction and is crucial for both personal and business loans.
Why You Need a Registered Loan Agreement
Without a written or registered loan agreement:
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❌ The lender cannot legally recover money if the borrower defaults
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❌ The borrower may face disputes about terms or repayment
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❌ No valid proof exists for interest or collateral claims
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❌ The transaction may not stand up in court
With a registered loan agreement, you get:
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✅ Full legal protection and enforceability
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✅ Clear terms on repayment and penalties
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✅ Valid documentation for personal or business finance
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✅ Peace of mind for both parties
It’s your safeguard against financial misunderstandings or losses.
Types of Loan Agreements Available
At Square Sky, we offer legally compliant formats for all kinds of loans:
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Personal Loan Agreement – Between individuals (friends, family, or private lenders)
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Business Loan Agreement – Between companies, investors, or business partners
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Secured Loan Agreement – With property, asset, or vehicle as collateral
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Unsecured Loan Agreement – Based solely on mutual trust and repayment terms
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Promissory Loan Note – For short-term or single-payment loans
All agreements are lawyer-drafted, customized, and e-stamped as per state laws.
Traditional Process vs Square Sky (What’s Easier?)
Old Process:
❌ Hire a lawyer and meet in person
❌ Handle stamp papers manually
❌ Multiple drafts, edits, and office visits
❌ Risk of non-compliance or missing clauses
Square Sky Process:
✅ Fill a secure online form
✅ We draft, e-stamp, and review the agreement legally
✅ Receive the printed and signed-ready document at your home
✅ Optional digital soft copy for online storage
With Square Sky, your loan documentation becomes completely digital and effortless.
Why Choose Square Sky for Loan Agreements?
✔️ Legally valid across India
✔️ Reviewed by financial and legal experts
✔️ Custom clauses for personal and business use
✔️ Transparent, fixed pricing with no hidden costs
✔️ Doorstep delivery and optional digital copy
✔️ Quick turnaround and expert legal support
At Square Sky, we make legal paperwork simple, secure, and fully compliant.
How to Get Your Loan Agreement in 3 Simple Steps
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Fill out our online form with lender and borrower details
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Review your draft prepared by our legal team
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Receive your e-stamped and printed loan agreement at your doorstep
A soft copy will also be shared via email for your records.
Start Your Loan Agreement with Square Sky
Need a lawyer-drafted, legally valid loan agreement for personal or business use?
With Square Sky, you can get it ready in no time — professional, protected, and paper-free.
👉 Create Your Loan Agreement Now – Trusted. Fast. Delivered.