LARRY MAXWELL LOAN FINANCIAL SERVICE PVT LTD.
Address: 139A, LIG Flats, Rajouri Garden Malviya Nagar, New Delhi, India.
PHONE: +91 9953 986904
Your Ref: LOAN
This LOAN AGREEMENT is made this 29 day of May, 2013 Between MR. LARRY MAXWELL herein referred to as “THE LENDER” of the one part.
AND Mr. JAYDEB SAHA of (INDIA) Herein referred to as “THE BORROWER” of the other part.
DRAFT LOAN AGREEMENT
This chamber assures you that as far as this transaction is concerned we are going to put our possible effort to be enormously sure that this transaction is perfectly successful.
As an attorney, I have to advice my client to be obeisance to the rules and regulations involved in loan transaction in India.
Loan Balance: Rs. 8,000,000.00(80 Lakhs) Loan Interest Rate: 3%
Loan Term: 3 years
Monthly Loan Payment: Rs. 232,649.68 Number of Payments: 36
Cumulative Payments: Rs. 8,375,388.37 Total Interest Paid: Rs. 375,388.37
I agree with the terms and conditions of the Lender.
I agree to be a prompt payer to the monthly payment/yearly payment.
1.I agree that this transaction must be done under the provision of the 1999 constitution, which stipulated that money laundering within and outside the country has to be insured against terrorism, theft and scammers as it were.
2.I agree in assuring this chamber that I am not going to possess an improved manner after getting the loan.
3.I agree that a copy of my International Passport/Drivers Licenses/Official Card/State Identity Card must be tendered to the Insurance Company for security reasons since the return of the money is UNCERTAIN. Note that the borrower will be responsible for the loan registration charges which cost you sum of 25,600Rs to enable the loan amount be registered before it can be transfer to the borrower account.
4.I agree that I won’t involve in any form of fraud or ingenuity in this transaction.
The parties have here unto set their hands and seals the date and year first above written.
SIGNED AND SEALED BY THE WITHIN NAMED
Deepak Kumar (ESQ)
LEGAL PRACTITIONER (WITNESS)