A personal loan can be defined as a loan which grant by some financial institute or company exclusively for the personal use of individual. This interesting kind of loan contract will usually singed between two parties. Mostly in business or corporation level, whenever the employee ask company for loan the company itself will present a contact which full of terms and conditions in-relevant to the criteria of loan. This simple loan contract can also be signed between two friends, family members or anyone who want to give loan to someone against settled terms.
Personal Loan Contract Preview;