Fan Wen Daquan > Contract Model > Loan Contract Model

Agricultural Bank of China Guaranteed Loan Agreement

Number county

The contract was signed and fully complied with by the Agricultural Bank of China County Branch Office and fully negotiated.

First, from the date of the year to the day of the month, the borrower provides the borrower's loan element. The loan and repayment plan is as follows:

┌────────────────────┬──────────────┐
│ Instalment Loan Plan │ Instalment Repayment Plan │
├────┬────┬────┬────┼─────┬───────┤
│ Date │ Amount │ Interest Rate │ Use │ Date │ Borrowing Principal │
├────┼────┼────┼────┼─────┼───────┤
│││││ │ │
├────┼────┼────┼────┼─────┼───────┤
│││││ │ │
├────┼────┼────┼────┼─────┼───────┤
│││││ │ │
├────┼────┼────┼────┼─────┼───────┤
│││││ │ │
├────┼────┼────┼────┼─────┼───────┤
│││││ │ │
└────┴────┴────┴────┴─────┴───────┘

Second, the lender shall provide loans to the borrower on time and in accordance with the amount. Otherwise, the borrower shall be liable to liquidated damages according to the amount of default and the number of days of extension. The calculation of the amount of liquidated damages shall be the same as the penalty for overdue loans, which is ___%.

Third, the loan interest rate bears interest at the current interest rate of bank loans. In case of adjustment, it is calculated according to the adjusted new interest rate and interest-bearing method.

Fourth, the borrower shall use the loan in accordance with the agreement and shall not transfer the use. Otherwise, the lender has the right to stop issuing new loans. Until the loan has been repaid.

Fifth, if the borrower fails to use the money according to the prescribed time and amount, the borrower must pay the lender's liquidated damages. Liquidated damages are calculated based on the amount of borrowings, the number of days, and the ___% of the borrowing rate.

Sixth, the borrower guarantees to return the principal and interest of the loan according to the time limit set by the loan contract. If an extension is required, the borrower will file an application for extension no later than 3 days before the loan expires, and the extension will be processed with the consent of the lender. However, the extension may not exceed half of the original period. The lender has not agreed to postpone the loan with or without the extension procedure, and imposes a penalty interest.

Seventh, the borrower's loan is used as a guarantee by the guarantor.

Eighth, one month after the loan expires, if the borrower fails to return the principal and interest on time, the guarantee unit is responsible for repaying the principal and interest and the overdue penalty interest for the borrower.

Ninth, in the form of this agreement, each party to the loan and loan shall hold one original, one for the guarantee unit and one for the notary unit.

Tenth, the date of this Agreement shall be legally effective as of the date of signature by both parties.

┌────────────────┬─────────────────┐
│ Borrower │ Borrower Guarantee │
│ Borrowing Unit │ Guarantee Unit │
│Responsible person │ │
│Manager │ │
├────────────────┼─────────────────┤
│ Loan Party │ Notary Unit │
│ loan unit: │ notary public agency │
│Loan Approval Team Leader │Notary Office │
└────────────────┴─────────────────┘
Signing date: year, month and day
Signing place:

Note: The type of loan is filled in by the space between the “borrower” and the loan.

recommended article

popular articles