Security Loan Agreement for India

Security Loan Agreement Template for India

A comprehensive legal document governed by Indian law that establishes the terms and conditions for a loan secured by specific assets or securities. The agreement details the loan amount, security arrangements, repayment terms, and enforcement mechanisms, while ensuring compliance with Indian financial regulations, including the Securities Contracts (Regulation) Act, SEBI guidelines, and banking regulations. It incorporates provisions for security creation, maintenance, valuation, and enforcement rights, along with necessary representations, warranties, and covenants to protect the lender's interests while providing clear obligations for the borrower.

Your data doesn't train Genie's AI

You keep IP ownership of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Security Loan Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Security Loan Agreement?

The Security Loan Agreement is a crucial document used in Indian financial transactions where a lender provides funding against specific security collateral. This agreement is essential when parties wish to establish a secured lending arrangement, whether for corporate funding, asset financing, or other commercial purposes. The document comprehensively addresses the creation, perfection, and enforcement of security interests under Indian law, incorporating requirements from various regulations including the SARFAESI Act, Indian Contract Act, and Securities Contracts (Regulation) Act. It is particularly relevant in scenarios involving listed securities, financial assets, or other valuable collateral where the lender requires a robust security structure to protect their interests. The agreement must comply with Reserve Bank of India guidelines and SEBI regulations, making it suitable for both institutional and private lending arrangements where security is a key component of the transaction.

What sections should be included in a Security Loan Agreement?

1. Parties: Identifies and defines the lender and borrower with complete legal names and addresses

2. Background: Explains the context and purpose of the loan agreement and security arrangement

3. Definitions and Interpretation: Defines key terms used throughout the agreement and rules of interpretation

4. Loan Amount and Purpose: Specifies the loan amount, currency, and permitted purpose of the loan

5. Security: Details the nature and extent of security being provided, including creation and perfection requirements

6. Conditions Precedent: Lists conditions that must be satisfied before the loan can be drawn

7. Repayment Terms: Specifies repayment schedule, interest rates, and payment mechanisms

8. Representations and Warranties: Sets out statements of fact and assurances given by the borrower

9. Covenants: Details positive and negative obligations of the borrower during the loan term

10. Security Maintenance: Provisions for maintaining, monitoring, and adjusting security value

11. Events of Default: Lists circumstances that constitute default and their consequences

12. Enforcement Rights: Details lender's rights and remedies upon default

13. Notices: Specifies how formal communications between parties should be made

14. Governing Law and Jurisdiction: Specifies Indian law as governing law and jurisdiction for disputes

15. Miscellaneous: Contains standard boilerplate provisions including amendments, waivers, and severability

What sections are optional to include in a Security Loan Agreement?

1. Guarantee: Required when a third party is providing a guarantee for the loan

2. Security Trustee Provisions: Needed when multiple lenders are involved and a security trustee is appointed

3. Tax Provisions: Detailed tax clauses needed for cross-border transactions or specific tax structures

4. Insurance: Detailed insurance requirements when security includes physical assets

5. Security Margin Maintenance: Required for loans against market-linked securities with fluctuating values

6. Currency Provisions: Required for loans involving foreign currency or multiple currencies

7. Additional Security Provider: Needed when security is provided by a party other than the borrower

What schedules should be included in a Security Loan Agreement?

1. Schedule 1 - Security Details: Detailed description of all security assets including identification numbers, certificates, or property details

2. Schedule 2 - Repayment Schedule: Detailed breakdown of repayment dates and amounts

3. Schedule 3 - Conditions Precedent Documents: List of all documents required before loan disbursement

4. Schedule 4 - Form of Security Documents: Standard forms for creation of security interests

5. Schedule 5 - Form of Notices: Standard forms for various notices required under the agreement

6. Schedule 6 - Security Margin Requirements: Details of minimum security coverage ratios and valuation methods

7. Appendix A - Power of Attorney: Format of power of attorney for security enforcement

8. Appendix B - Compliance Certificates: Format of periodic compliance certificates to be submitted by borrower

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

Jurisdiction

India

Publisher

Genie AI

Document Type

Security Agreement

Cost

Free to use
Relevant legal definitions
Relevant Industries

Banking & Financial Services

Investment Banking

Asset Management

Securities Trading

Corporate Finance

Real Estate

Manufacturing

Technology

Infrastructure

Retail

Healthcare

Energy

Agriculture

Transportation & Logistics

Relevant Teams

Legal

Finance

Compliance

Risk Management

Treasury

Credit

Operations

Corporate Finance

Investment

Documentation

Loan Administration

Security Operations

Corporate Secretarial

Relevant Roles

Chief Financial Officer

Legal Counsel

Finance Director

Compliance Officer

Risk Manager

Credit Manager

Treasury Manager

Investment Manager

Corporate Lawyer

Security Trustee

Loan Officer

Portfolio Manager

Company Secretary

Financial Controller

Operations Manager

Relationship 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

Simple Security Agreement

An Indian law-governed agreement creating security interests over assets in favor of a lender/security holder, establishing terms for security creation, maintenance, and enforcement.

find out more

Alarm Monitoring Agreement

An Indian law-governed agreement establishing terms for professional alarm monitoring services, including service provider and customer obligations, monitoring protocols, and response procedures.

find out more

Motor Vehicle Security Agreement

An Indian law-governed agreement creating security interest over a motor vehicle in favor of a lender, compliant with Motor Vehicles Act and SARFAESI Act.

find out more

Personal Information Confidentiality Agreement

An Indian law-compliant confidentiality agreement for protecting personal information, incorporating requirements from key Indian data protection legislation.

find out more

Simple Security Deposit Agreement

An Indian law-governed agreement establishing terms for managing security deposits between parties, including payment, maintenance, and return conditions.

find out more

Security Cheque Agreement

An Indian law-governed agreement establishing terms for providing and holding post-dated cheques as security for an underlying obligation.

find out more

Security Deposit Agreement

An Indian law-governed agreement establishing terms for holding and managing a security deposit, including deposit amount, maintenance conditions, and return provisions.

find out more

Pledge Agreement

An Indian law-governed agreement creating a security interest through pledge of assets, detailing rights, obligations, and enforcement mechanisms between pledgor and pledgee.

find out more

Penetration Testing Confidentiality Agreement

An Indian law-governed confidentiality agreement for penetration testing services, protecting sensitive information during authorized security testing activities.

find out more

Data Privacy Contract

An Indian law-compliant Data Privacy Contract governing personal data processing activities, security measures, and compliance requirements between contracting parties.

find out more

Collateral Substitution Agreement

An Indian law-governed agreement that establishes the framework and process for substituting one form of collateral for another in a secured lending arrangement.

find out more

Sale Of LLC Interest Agreement

An Indian law-governed agreement facilitating the transfer of LLC ownership interests from seller to purchaser, ensuring compliance with Indian corporate and regulatory requirements.

find out more

Safe Deposit Box Rental Agreement

An Indian law-governed agreement setting out terms for safe deposit box rental between a financial institution and its customers, compliant with Indian banking regulations.

find out more

Purchase Money Security Agreement

An Indian law-governed agreement creating a security interest in property purchased with financed funds, establishing lender rights and borrower obligations until full payment.

find out more

Debenture Purchase Agreement

An Indian law-governed agreement documenting terms and conditions for the purchase of debentures issued by a company to investors, including key terms, rights, and obligations.

find out more

Purchase Security Agreement

An Indian law-governed agreement creating security interest over purchased assets, defining terms of security, collateral, and enforcement rights.

find out more

Note And Security Agreement

An Indian law-governed agreement combining a promissory note with security arrangements, establishing loan terms and security interests while ensuring statutory compliance.

find out more

Factoring And Security Agreement

An Indian law-governed agreement combining factoring of receivables with security creation, enabling businesses to obtain financing while providing security to the factor.

find out more

Consumer Security Agreement

An Indian law-governed security agreement between a financial institution and consumer borrower, creating security over assets to secure financial obligations.

find out more

Data Protection Agreement

An Indian law-governed agreement establishing terms for personal data processing and protection, ensuring compliance with India's data protection regulations.

find out more

Commercial Pledge Agreement

An Indian law-governed agreement creating a security interest over movable assets through pledge arrangement between a pledgor and pledgee.

find out more

Membership Interest Pledge Agreement

An Indian law-governed agreement creating a security interest over company membership interests as collateral for financial obligations.

find out more

Membership Interest Agreement

An Indian law-governed agreement for transferring or acquiring membership interests in a company/LLP, establishing rights, obligations, and governance terms.

find out more

Irrevocable Pledge Agreement

An Indian law-governed agreement creating an irrevocable security interest over assets in favor of a pledgee, detailing pledge terms and enforcement rights.

find out more

Lease Security Agreement

An Indian law-governed agreement that establishes terms for managing lease security deposits, protecting both landlord and tenant interests.

find out more

Guaranty And Security Agreement

An Indian law-governed agreement combining guarantee obligations and security arrangements, establishing both personal guarantees and asset-based security for financial obligations.

find out more

Global Master Repurchase Agreement

An Indian law-governed master agreement for securities repurchase transactions, establishing terms for repo and reverse repo dealings while ensuring compliance with local regulations.

find out more

Equipment Security Agreement

An Indian law-governed agreement creating security interest over equipment as collateral for financial facilities, compliant with SARFAESI Act and related legislation.

find out more

Auto Loan Security Agreement

An Indian law-governed security agreement for vehicle financing that creates a security interest in favor of the lender while establishing loan terms and borrower obligations.

find out more

Stock Escrow Agreement

An Indian law-governed agreement establishing terms for third-party custody of shares pending fulfillment of specified conditions, compliant with Companies Act and SEBI regulations.

find out more

Personal Security Agreement

An Indian law-governed agreement establishing terms for personal security services, including operational protocols and compliance requirements under Indian security regulations.

find out more

Security Deposit Installment Agreement

An Indian law-governed agreement establishing terms for paying and managing a security deposit through installments instead of a single payment.

find out more

Collateral Account Control Agreement

An Indian law agreement establishing control mechanisms over bank accounts as collateral security, typically used in secured financing arrangements.

find out more

Collateral Account Agreement

An Indian law-governed agreement establishing security over bank accounts and their contents, defining control rights and operational procedures between borrowers, lenders, and account banks.

find out more

Chattel Security Agreement

An Indian law-governed agreement creating security interests over movable property (chattels) as collateral for financial obligations.

find out more

Business Security Agreement

An Indian law-governed agreement creating security interests over business assets in favor of lenders, establishing rights and enforcement mechanisms under Indian security and banking laws.

find out more

Trademark Security Agreement

An Indian law-governed agreement creating a security interest in trademarks as collateral for financial obligations.

find out more

Retail Installment Contract And Security Agreement

An Indian law-governed agreement combining retail installment sales terms with security arrangements for financed consumer purchases.

find out more

Subordinated Creditors Security Agreement

An Indian law-governed agreement establishing security rights for subordinated creditors and regulating priority between different classes of creditors.

find out more

Convertible Bond Subscription Agreement

An Indian law-governed agreement detailing terms for investor subscription to convertible bonds with future equity conversion rights.

find out more
See more related templates

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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

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

2 Docs LeftAccess Now