Loan Agreement

Official loan agreement between FZ Finance Bank and the borrower.

Agreement Document
LOAN AGREEMENT

FZ Finance Bank

Loan Agreement No.: [AGREEMENT_NUMBER]
Application No.: [APPLICATION_NUMBER]
Agreement Date: [DATE]
Parties to the Agreement
Lender / Loan Provider
Name FZ Finance Bank
Address Paraswada, Tiroda / Subhash Nagar, Nagpur, Maharashtra
Phone +91 78758 85167 / +91 83790 10643
Email info@fzfinancebank.com
Borrower
Full Name [BORROWER_NAME]
Father's Name [FATHER_NAME]
Mother's Name [MOTHER_NAME]
Mobile Number [MOBILE_NUMBER]
Alternate Mobile [ALTERNATE_MOBILE]
Email [EMAIL]
Current Address [CURRENT_ADDRESS]
Permanent Address [PERMANENT_ADDRESS]
01
Loan Details
Approved Loan Amount ₹[LOAN_AMOUNT]
Loan Purpose [LOAN_PURPOSE]
Interest / Applicable Charges [INTEREST_OR_CHARGES]
Loan Tenure [TENURE]
Repayment Frequency [WEEKLY / MONTHLY / OTHER]
Total Repayment Amount ₹[TOTAL_REPAYMENT]
First Due Date [DUE_DATE]
Final Due Date [FINAL_DUE_DATE]
02
Loan Disbursement

Subject to completion of all required verification and formalities, the approved loan amount shall be disbursed to the borrower through the applicable approved payment method.

The borrower confirms that the payment details provided during the application process are correct.

03
Borrower's Obligations

The borrower agrees to:

  1. Provide accurate information and genuine documents.
  2. Use the loan amount for the stated purpose where applicable.
  3. Make repayments according to the agreed repayment schedule.
  4. Inform the lender of relevant changes in contact information.
  5. Cooperate with reasonable verification requirements.
  6. Comply with this Agreement and applicable terms.
04
Late Payment

If repayment is not made by the applicable due date, the borrower may be liable for applicable late-payment charges or other consequences specifically stated in this Agreement and permitted by applicable law.

05
Guarantor

Where applicable, the following guarantor(s) may be recorded:

Guarantor 1
Name [GUARANTOR_1_NAME]
Mobile [GUARANTOR_1_MOBILE]
Guarantor 2
Name [GUARANTOR_2_NAME]
Mobile [GUARANTOR_2_MOBILE]

The guarantor's responsibilities, if any, shall be governed by the applicable guarantor terms and this Agreement.

06
Documents

The borrower may have submitted documents including:

Aadhaar Card
PAN Card
Voter/Election Card
Address proof
Electricity bill
Ownership/property document
Photograph/live photograph
Digital signature
Other supporting documents

The borrower confirms that the documents submitted are genuine and belong to the applicant or have been provided with appropriate authorization.

07
Default

A default may occur if the borrower fails to comply with material obligations under this Agreement, including failure to make required repayments.

Consequences of default shall be limited to those permitted by this Agreement and applicable law.

08
Early Repayment

The borrower may request early repayment or closure of the loan, subject to the applicable loan terms and any permitted charges.

The borrower should contact FZ Finance Bank for the applicable outstanding amount before making a final repayment.

09
Communication

The borrower agrees that FZ Finance Bank may communicate with the borrower using the contact information provided during the application process for legitimate loan-related purposes, subject to applicable law.

10
Privacy and Data Processing

The borrower acknowledges that personal and document information may be collected and processed for loan application, verification, servicing, compliance, fraud prevention, record keeping and other legitimate purposes in accordance with the applicable Privacy Policy and law.

11
Borrower's Declaration

I, [BORROWER_NAME], declare that:

  • The information provided by me is true and correct.
  • The documents submitted by me are genuine.
  • I have read and understood the loan terms.
  • I understand the repayment obligations.
  • I understand the applicable interest, charges and total repayment amount.
  • I agree to repay the loan according to the agreed schedule.
  • I have had an opportunity to review the applicable terms before accepting this Agreement.
12
Agreement Acceptance

By signing or electronically accepting this Agreement, the borrower confirms acceptance of the terms stated herein.

Borrower's Name [BORROWER_NAME]
Digital Signature [DIGITAL_SIGNATURE]
Date [DATE]
Place [PLACE]
Authorization & Signatures
Authorized Representative
Name: [AUTHORIZED_PERSON]
Designation: [DESIGNATION]
Signature
Date: [DATE]
Borrower
Name: [BORROWER_NAME]
Signature
Date: [DATE]
Guarantor 1
Name: [GUARANTOR_1_NAME]
Signature
Date: [DATE]
Guarantor 2
Name: [GUARANTOR_2_NAME]
Signature
Date: [DATE]
Important Agreement Notice

This Agreement must be read together with the applicable loan schedule, disclosures, terms and other documents provided to the borrower.

In the event of any inconsistency, the legally applicable and duly executed loan documentation shall prevail.