About this document
Loan Agreement for Rs.30 Lakh MOU by Snv Agarwal is a document available to read on EtoBox.
This memorandum of understanding is between two parties regarding a loan of Rs. 30,00,000 provided by the second party to the first party. The loan is for the construction of a property and will incur 18% annual interest. After construction is complete, the first party will hand over possession of the property to the second party, who can then lease it out monthly and keep the rental income as interest payments. A separate annexure outlines the repayment schedule. The first party provides post-dated cheques
- Author
- Snv Agarwal
- Language
- EN