A loan contract format is a format of a loan contract that is formed or drafted in the case when two parties are engaged in a loan transaction wherein one party agrees to loan a certain amount of money or any entity to the other party for a fixed period of time and under certain legally enforceable terms and conditions. The format of a loan contract clearly lays down the way and manner in which any loan contract must be framed. Given below is a sample of a loan contract format which can be taken into use easily.

Sample loan contract format:

Commencement date:

[Use this part of the contract to mention the date of commencement of contract in dd/mm/yy]

Termination date of contract: ______________

[Use this part of the contract to mention the date on which the contract shall terminate in dd/mm/yy]

This contract has been formed between the LENDER and the BORROWER whose details are given as follows

LENDER details:

[Write down all the details such as name, official address, contact number, email address etc of the LENDER here]

BORROWER details:

[Write down all the details such as name, official address, contact number, email address etc of the BORROWER in this section]

Loan Details:

[Write down the details of the loan type, amount, period of loan etc here]

Terms and conditions:

[Use this part of the loan contract to provide all the detailed terms and conditions or clauses of the contract. The terms and conditions must be written down in bullet form]

Signatures of the parties:

[Signatures of the involved parties must be done at the end to seal the contract terms]

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