Contract model: loan contract

Contract number: _____________

After ______________ and _____________ fully negotiated, this contract was signed and complied with.

Article 1 Starting from ________, the loan shall provide the borrower with a ____________ loan ___________________ for _____________, the repayment period shall be _____________, and the interest rate shall be calculated on the basis of monthly interest rate _______. In case of adjustment of the national loan interest rate, it is calculated according to the adjusted new interest rate and calculation method. The specific use and repayment schedules are as follows:

Instalment plan

Installment repayment plan

year

month

day

Amount

year

month

day

Amount

Article 2 The lender shall provide loans to the borrower on time and in accordance with the premise of complying with the national credit policy and plans. Otherwise, the borrower’s liquidated damages shall be paid in accordance with 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 rate hike of overdue loans.

Article 3 The Borrower is willing to abide by the relevant loan provisions of the Lender and use the loan for the purposes specified in this contract. Otherwise, the lender has the right to stop issuing loans and recover or withdraw the loans already issued in advance. For the part of the default, ______% interest will be charged as required.

Article 4 The borrower guarantees to repay the principal and interest of the loan on schedule. If an extension is required, the borrower must submit a written application before the loan expires and sign the deferred repayment agreement with the lender's review and approval. If the borrower does not apply for extension or the parties have not signed the deferred repayment agreement, the lender will charge ______% of interest as required from the date of overdue, and may directly deduct the overdue loan principal and interest from the borrower's deposit account at any time.

Article 5 The lender has the right to inspect and supervise the use of the loan, and to understand the borrower's plan execution, operation management, financial activities, and material inventory. The borrower shall provide the above information in full and truthfully. The lender has the right to grant credit sanctions in accordance with the relevant provisions on the borrower’s breach of the loan contract.

The lender recovers or withdraws the loan in advance, and can deduct it directly from the borrower's deposit account.

Article 6 A dispute between the borrower and the lender shall be settled by negotiation between the two parties; if the negotiation fails, the following ______ methods shall be adopted:

1. Submit to the ____________ Arbitration Commission for arbitration;

2. Prosecuted to the people's court according to law.

Article 7 Other

__________________________________________________________________

Article 8 Matters not covered in this contract shall be handled in accordance with relevant state laws and regulations and relevant bank loan regulations.

Article 9 This contract shall come into force on the date of signing by both the borrower and the lender.

This contract is a ______ share, and each borrower and lender will hold one copy.

Borrower: _______________________ Lender: ________________________

Borrower: _____________________ Loan unit: ______________

Manager: __________________

Legal representative: _____________

principal:_________________

Manager: _________________

Bank and account: _______________

Signing date: _____________________

Signing location: _____________________