[Happyhero1711]

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Happyhero1711
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March 15, 2025 at 12:42 pm

A few tips do not give the amount in cash do it online so there can be transaction details if via upi write Loan to (friends full legal name ).

You can also get a loan agreement online or a promissory note via Google it will be fairly comprehensive with terms periods penalties and jurisdiction etc. You must clearly state the terms for repayment like monthly quarterly half yearly etc period and you must enforce them.

You can also notorized said agreement and have witnesses 2 arrange all this yourself do not let your friend do it for you. Also take signed blank cheques from him.

Best of luck

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