Personal loan contract

Party A: _________________

identification number:_____________________

Party B: _________________

identification number:______________________

Both Party A and Party B reached the following agreement on the basis of equality, voluntariness and consensus on the issue of borrowing, so that both parties can abide by it.

Party B will lend RMB ______________ to Party A and deliver it to Party A before ____________________

Borrowings:_________________

Borrowing period:

Repayment date: ____ year ____ month ____ day. Repayment method: cash / __________ payment.

Liability for breach of contract:

1. Borrower's liability for breach of contract

The borrower does not use the loan for the purposes specified in the contract. The lender has the right to recover part or all of the loan, and the penalty portion is charged at the interest rate stipulated by the bank.

If the borrower does not repay the loan within the time limit, the lender has the right to recover the loan and pay 1% of the daily interest from the due date.

If the borrower uses the borrowing to cause loss of waste or use the loan contract to carry out illegal activities, the lender shall recover the principal and interest of the loan, and the relevant unit shall be subject to administrative and economic responsibility for the directly responsible person. If the circumstances are serious, the judicial authorities shall pursue criminal responsibility.

2. Lender's liability for breach of contract

If the lender fails to provide the loan on time, it shall pay the borrower liquidated damages according to the amount of the breach and the number of days of extension. The calculation of the amount of liquidated damages is the same as the calculation of the penalty interest of the borrower.

If the loan contract is used for illegal activities, administrative and economic responsibilities shall be investigated. If the circumstances are serious, the judicial authorities shall pursue criminal responsibility.

Dispute resolution method: The two sides negotiated and resolved, and the settlement was not completed, and submitted to the __________ People's Court.

This contract is effective from ______. This contract is made in two copies, each party holds one copy, and the contract text has the same legal effect.

person A person B:

Date of contract signing: Date of contract signing: