Loan Agreement Amendment Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Loan Agreement Amendment

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Loan Agreement Amendment

"I need a Loan Agreement Amendment to modify our existing facility agreement with ABC Bank by increasing the loan amount from INR 50 crores to INR 75 crores and extending the maturity date to March 15, 2025."

Document background
The Loan Agreement Amendment is a crucial document used when parties to an existing loan agreement in India need to modify their original terms. This document becomes necessary when circumstances require changes to financial terms, security arrangements, repayment schedules, or other key provisions of the original loan agreement. It must comply with Indian contract law, particularly the Indian Contract Act, 1872, and various banking regulations supervised by the Reserve Bank of India. The amendment can range from simple modifications of payment terms to complex restructuring of security arrangements, and it's essential in maintaining legally compliant lending relationships while adapting to changing business needs or economic conditions. This document is particularly important in the Indian context where formal documentation of financial arrangements is strictly regulated and scrutinized by authorities.
Suggested Sections

1. Parties: Identification of all parties to the amendment, including the original lender(s) and borrower(s)

2. Background: Recitals detailing the original loan agreement, its date, any previous amendments, and the reason for the current amendment

3. Definitions: Key terms used in the amendment, including reference to definitions in the original agreement and any new or modified definitions

4. Amendment Effective Date: Specifies when the amendments will take effect

5. Amendments to Original Agreement: Clearly outlined modifications to the original agreement, with reference to specific sections being amended

6. Confirmation of Other Terms: Confirmation that all other terms of the original agreement remain unchanged and in full force and effect

7. Representations and Warranties: Updated or reaffirmed representations and warranties of the parties

8. Conditions Precedent: Conditions that must be satisfied before the amendment becomes effective

9. Governing Law: Confirmation of the governing law, typically referencing Indian law

10. Execution: Signature blocks and execution formalities

Optional Sections

1. Security Confirmation: Required when the original loan has security arrangements that need to be confirmed or modified

2. Fee and Expenses: Include when there are fees associated with the amendment process

3. Tax Provisions: Required when the amendments have tax implications or when tax-related terms need updating

4. Guarantor Consent: Include when the original loan has guarantors who need to consent to the amendments

5. Additional Covenants: Include when new covenants are being added or existing ones are being modified

6. Regulatory Compliance: Required when amendments need to address specific regulatory requirements or changes

7. Notice Details: Include if there are changes to the notice details of any party

Suggested Schedules

1. Schedule of Amendments: Detailed list of specific amendments to the original agreement, showing original and revised text

2. Amended and Restated Loan Terms: Updated loan terms including any modifications to amount, interest rate, repayment schedule

3. Conditions Precedent Documents: List of documents required to be delivered before the amendment becomes effective

4. Updated Security Details: If applicable, details of any modified security arrangements

5. Form of Notices: Standard form notices required under the amended agreement

6. Amended Fee Schedule: If applicable, updated schedule of fees and charges

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Banking and Financial Services

Corporate Lending

Real Estate

Infrastructure

Manufacturing

Technology

Healthcare

Retail

Agriculture

Energy

Transportation

Telecommunications

Education

Hospitality

Relevant Teams

Legal

Finance

Treasury

Compliance

Risk Management

Corporate Secretarial

Credit Administration

Documentation

Relationship Management

Corporate Banking

Relevant Roles

Chief Financial Officer

Finance Director

Legal Counsel

Corporate Lawyer

Finance Manager

Treasury Manager

Credit Manager

Risk Manager

Compliance Officer

Company Secretary

Loan Officer

Relationship Manager

Banking Manager

Financial Controller

Legal Documentation Specialist

Corporate Finance Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Addendum House Contract

An Indian law-compliant document that modifies or amends an existing house contract, incorporating changes while maintaining the original agreement's validity.

find out more

Loan Agreement Amendment

An Indian law-governed document that modifies existing loan agreement terms between lenders and borrowers, ensuring compliance with local banking and financial regulations.

find out more

Agreement As Amended

An Indian law-governed document that formally modifies an existing agreement while preserving unaltered terms.

find out more

Revised Lease Agreement

An Indian law-compliant document that modifies an existing lease agreement, updating terms while maintaining the core landlord-tenant relationship.

find out more

Amendment To Construction Contract

A legal modification to an existing construction contract under Indian law, documenting agreed changes to project terms and conditions.

find out more

Add Remove A Tenant Lease Amendment

An Indian law-compliant amendment to modify an existing lease agreement by adding or removing a tenant, while preserving relevant original lease terms.

find out more

Amendment To Land Contract

A legal document under Indian law that modifies an existing land contract's terms and conditions, requiring proper registration and stamp duty compliance.

find out more

Amendment To Terminate Agreement

A formal amendment under Indian law to terminate an existing agreement, outlining termination terms and post-termination obligations.

find out more

Amendment And Assignment Agreement

An Indian law-governed agreement that combines contract amendments with assignment of rights and obligations to a new party.

find out more

Addendum To Extend Contract

An Indian law-governed document that extends the duration of an existing contract while maintaining original terms and conditions.

find out more

Amendment To Agreement

A legal document under Indian law that modifies an existing agreement by changing specific terms while preserving other original conditions.

find out more

Addendum To Change Name On Contract

An Indian law-compliant addendum to formally update party names in an existing contract while maintaining all other original terms and conditions.

find out more

Commercial Lease Amendment

An Indian law-compliant document that modifies an existing commercial lease agreement between landlord and tenant, subject to Indian property laws and state-specific regulations.

find out more

Addendum To Add Buyer To Contract

An Indian law-governed addendum that formally adds a new buyer to an existing contract, establishing their rights and obligations while maintaining the original contract's validity.

find out more

Lease Addendum To Add Tenant

An Indian law-compliant addendum to an existing lease agreement that formally adds a new tenant while maintaining original lease terms and establishing joint liability.

find out more

Pet Amendment To Lease

An Indian legal document that modifies an existing lease agreement to permit and regulate pet ownership in rental properties, subject to Indian property and animal welfare laws.

find out more

Pet Addendum For Lease

An Indian legal document that supplements a lease agreement to establish terms and conditions for keeping pets in rental properties.

find out more

Name Change Amendment Agreement

An Indian law-governed agreement that formally amends an existing contract to reflect the change in name of one of the contracting parties while maintaining all other terms.

find out more

Lease Modification Agreement

An Indian law-governed agreement that modifies specific terms of an existing lease while maintaining other original conditions, subject to registration and stamp duty requirements.

find out more

Lease Extension Addendum

A legal document under Indian law that extends an existing lease agreement's duration while maintaining or modifying specific terms of the original lease.

find out more

Lease Amendment And Extension Agreement

An Indian law-governed agreement that modifies existing lease terms and extends the lease period, ensuring compliance with central and state property laws.

find out more

Amendment To Contract Extension Agreement

An Indian law-governed document that extends the duration of an existing contract while incorporating any necessary amendments to its terms and conditions.

find out more

Amendment To Consulting Agreement

An Indian law-compliant document that modifies an existing consulting agreement, updating terms while maintaining the original agreement's framework.

find out more

Amendment To Confidentiality Agreement

An Indian law-governed amendment to modify terms or scope of an existing confidentiality agreement while maintaining core confidentiality protections.

find out more

Amendment To Asset Purchase Agreement

An Indian law-governed document that modifies specific terms of an existing Asset Purchase Agreement while maintaining other original terms intact.

find out more

Amendment To Agreement Of Purchase And Sale

A legal document under Indian law that modifies specific terms of an existing Agreement of Purchase and Sale while maintaining the validity of other original terms.

find out more

Extension Addendum To Contract

An Indian law-compliant document that extends the duration of an existing contract while allowing for modification of specific terms and conditions.

find out more

Amendment To Tenancy Agreement

A legal document under Indian law used to modify existing rental agreement terms between landlord and tenant, ensuring compliance with local property regulations.

find out more

Amendment To Service Agreement

A legal document under Indian law that modifies an existing service agreement, updating specific terms while maintaining other original provisions.

find out more

Amendment To Purchase Contract

A legal document under Indian law that modifies specific terms of an existing purchase contract while maintaining other original terms.

find out more

Amendment To Purchase Agreement

A legal document under Indian law that modifies specific terms of an existing Purchase Agreement while maintaining the validity of other original terms.

find out more

Amendment To Listing Agreement

An Indian law-governed document that modifies an existing listing agreement between a listed company and stock exchange(s), ensuring regulatory compliance and updated listing terms.

find out more

Amendment To License Agreement

A legal document under Indian law that modifies an existing license agreement's terms while maintaining its basic structure.

find out more

Amendment To Lease Agreement

A legally binding document under Indian law that modifies specific terms of an existing lease agreement while maintaining other original conditions.

find out more

Amendment To Joint Venture Agreement

An Indian law-governed document that modifies specific terms of an existing joint venture agreement while maintaining other original provisions.

find out more

Amendment To Independent Contractor Agreement

A formal modification to an existing Independent Contractor Agreement under Indian law, updating specific terms while maintaining the original agreement's core structure.

find out more

Amendment To Employment Contract

A legal document under Indian law that modifies specific terms of an existing employment contract while maintaining other original terms.

find out more

Amendment To Contract Of Sale

A legal document under Indian law that modifies specific terms of an existing Contract of Sale while maintaining other original terms.

find out more

Addendum To Sales Contract

A legal document under Indian law that modifies an existing sales contract, incorporating changes while maintaining the original agreement's validity.

find out more

Addendum To Rental Agreement For Rent Increase

A legal amendment to existing rental agreements in India that formally documents and implements rent increases while ensuring compliance with local rent control laws.

find out more

Addendum To Lease Agreement

A legal document under Indian law that modifies specific terms of an existing lease agreement while maintaining other original conditions.

find out more

Addendum To Employment Contract

A formal modification to an existing employment contract under Indian law, documenting agreed changes to employment terms while maintaining other original contract provisions.

find out more

Addendum To Contract For Sale And Purchase

An Indian law-compliant document that modifies an existing Contract for Sale and Purchase, incorporating agreed changes while maintaining the original contract's validity.

find out more

Addendum To Contract

An Indian law-governed document that modifies an existing contract while maintaining its original framework and enforceability.

find out more

Addendum To Commercial Lease Agreement

A legal document under Indian law used to modify or supplement an existing commercial lease agreement, enabling specific changes while maintaining the original agreement's validity.

find out more

Addendum To Agreement Of Sale

An Indian law-governed document that modifies specific terms of an existing Agreement of Sale while maintaining the validity of the original agreement's remaining terms.

find out more

Addendum Rental Agreement Additional Tenant

An Indian legal document that amends an existing rental agreement to add a new tenant while maintaining original lease terms, subject to Indian property and contract laws.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.