This package includes the essential forms needed for making and collecting a personal loan. These forms are an important tool for avoiding future misunderstandings and disputes. Purchase of this package is a savings of more than 50% over purchase of the forms individually!
The following forms are included in this package:
Unsecured Installment Payment Promissory Note for Fixed Rate - This is a Promissory Note for your state. The promissory note is unsecured, with a fixed interest rate, and contains a provision for installment payments.
Secured Promissory Note - This form is a secured Promissory Note. The note includes a provision which describes the collateral to be used as security on the loan. The form also contains a section which details various actions which would constitute default on the note.
Personal Guaranty - General - This form is a Guaranty. The form provides that the guarantor assures the full and prompt payment of all obligations incurred by the payor.
Sample Letter for Past Due Balance - This is a sample notice for use when a debtor is overdue in payments on a promissory note. A time period for making payment before further action is taken, which may be modified to suit your needs, is provided.
Complaint for Past Due Promissory Note - The form is a complaint for a default on payments due pursuant to a promissory note. The complaint adopts the "notice pleadings" format of the Federal Rules of Civil Procedure, which have been adopted by most states in one form or another.
Promissory Note with Installment Payments - This form is a Promissory Note. The form provides that the borrower promises to pay the lender in monthly installments. The agreement also provides that there will not be a pre-payment penalty on the note.
Notice of Default in Payment Due on Promissory Note - This form is a notice of a failure to make a required payment when due pursuant to a promissory note. The form also contains a warning to the breaching party that legal action will be taken unless the breach is remedied on or before a certain date. This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a notice in a particular jurisdiction.
Resolution of Meeting of Corporation to Make Specific Loan - This form is a resolution of meeting of a board of directors or shareholders to make specific loan. This form may be easily modified for use by other business entities.
Receipt for Payment of Account - This form is a Receipt. The form provides that the undersigned acknowledges the receipt of a certain sum of money which constitutes payment on the account named in the receipt. The receipt also lists the balance remaining on the account, if applicable.
Promissory Note with Confessed Judgment Provisions - This form is a Promissory Note with Confessed Judgment Provisions. The maker of the note promises to repay a loan received from the lender, with interest. The form provides that if the maker defaults upon the loan, the lender may exercise the option of demanding the immediate payment of the entire loan. The debtor agrees to have judgment entered in the lenders favor if court action is brought to enforce collection.
Balloon Unsecured Promissory Note - This form is a model balloon promissory note, with a fixed interest rate. A balloon note is structured such that a large payment is due at the end of the repayment period. Adapt to fit your specific circumstances.
Gold loan application form is a crucial document required for availing a gold loan from Axis Bank. This form is specifically designed to gather all the necessary information about the borrower and the pledged gold to assess the loan eligibility and complete the loan application process smoothly. Keywords: gold loan, axis bank, application form, loan eligibility, pledged gold, loan application process. The Gold loan application form for Axis Bank comprises several sections that need to be filled out accurately by the applicant. The main sections of the form include: 1. Personal Information: This section requires the borrower's personal details such as name, date of birth, address, contact number, email ID, and identification proof documents like Aadhaar card, PAN card, etc. 2. Employment Details: Here, the applicant needs to provide their employment information, including occupation, employer's name, address, and contact details. This section is crucial as it helps the bank verify the borrower's financial stability and repayment capacity. 3. Loan Details: This section of the form seeks information about the gold loan itself. It includes details like the loan amount required, loan tenure, purpose of the loan, type of interest rate preferred (fixed or floating), etc. 4. Gold Details: In this section, the applicant needs to provide detailed information about the pledged gold. It includes the type and purity of gold, weight, number of items, and any associated certifications like BIS Hallmark. 5. Nominee Details: Axis Bank's gold loan application form also requires the applicant to provide the details of a nominee who would receive the loan settlement in case of unfortunate events. Nominee's name, relationship with the borrower, address, and contact details are to be mentioned. 6. Declaration and Consent: At the end of the form, there is a declaration section that the borrower needs to sign. It states that all the information provided in the form is true and accurate to the best of their knowledge. Additionally, the applicant must consent to Axis Bank using their personal information for processing the loan application. Different types of Gold loan application forms for Axis Bank may exist depending on the specific loan schemes or variations offered by the bank. While the general details mentioned above remain consistent, certain modifications might be incorporated to suit the requirements of specialized gold loan products such as SME gold loan, agricultural gold loan, pre-approved gold loan, etc. It is important for applicants to carefully fill out the gold loan application form for Axis Bank, ensuring complete and accurate information to expedite the loan approval process.
