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Personal / Friendly Loan Agreement

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FRIENDLY LOAN AGREEMENT

Interest-Free Debt Acknowledgment under Contract Act, 1872

This Friendly Loan Agreement is executed on [LoanDate] between Lender [LenderName] (CNIC: [LenderCNIC]) and Borrower [BorrowerName] (CNIC: [BorrowerCNIC]).

The Borrower acknowledges receiving friendly loan of [PrincipalAmount] and covenants to repay in full on or before [MaturityDate]. [CollateralOrGuarantee].

LENDER SIGNATURE

BORROWER SIGNATURE

Please confirm