A Personal Loan Promissory Note is a crucial financial document used in Malaysian lending practices when an individual borrows money from a lender, whether a financial institution or private individual. The document serves as both a formal acknowledgment of debt and a legally binding promise to repay the borrowed amount under specified terms. It must comply with Malaysian legislation, particularly the Bills of Exchange Act 1949, Moneylenders Act 1951, and relevant financial regulations. The note typically includes details about the loan amount, interest rate, payment schedule, and consequences of default, making it an essential tool for protecting both lender and borrower interests in personal lending transactions.
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.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the maker (borrower) and payee (lender) with full legal names and addresses
2. Definitions: Key terms used in the document including 'Principal Sum', 'Interest Rate', 'Payment Date', and other relevant terms
3. Promise to Pay: Unconditional promise to pay a specific sum of money, including the principal amount in both numbers and words
4. Interest Rate: Specification of the interest rate, calculation method, and payment frequency
5. Payment Terms: Details of payment schedule, installment amounts, and payment methods
6. Place of Payment: Specified location or method where payments must be made
7. Events of Default: Circumstances that constitute default and consequences thereof
8. Acceleration Clause: Conditions under which the entire loan becomes immediately due and payable
9. Governing Law: Specification that Malaysian law governs the promissory note
10. Execution: Signature blocks for all parties and witnesses
1. Security: Details of any collateral or security provided for the loan, used when the loan is secured
2. Guarantor: Details and obligations of any guarantor, included when there is a third-party guarantee
3. Prepayment Terms: Conditions and procedures for early repayment, included when early repayment is allowed
4. Late Payment Charges: Additional charges or penalties for late payments, optional but commonly included
5. Assignment: Terms regarding the transfer or assignment of the note, included when transferability is desired
6. Insurance Requirements: Mandatory insurance requirements, included when insurance is required for the loan
1. Payment Schedule: Detailed amortization table showing payment dates, principal and interest breakdown
2. Security Details: Detailed description of any security or collateral provided for the loan
3. Calculation Methods: Detailed explanation of interest calculation methods and examples
4. Required Documents: List of supporting documents provided by the borrower
5. Contact Details: Complete contact information for all parties involved
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Banking
Consumer Finance
Legal Services
Money Lending
Microfinance
Personal Banking
Consumer Credit
Relevant Teams
Legal
Compliance
Consumer Banking
Credit Administration
Risk Management
Document Management
Personal Banking
Retail Banking
Operations
Relevant Roles
Loan Officer
Credit Manager
Legal Counsel
Compliance Officer
Financial Advisor
Banking Executive
Money Lending Officer
Risk Manager
Document Controller
Consumer Banking Manager
Personal Banking Officer
Legal Document Specialist
Find the exact document you need
Friendship Loan Agreement
A Malaysian law-compliant agreement formalizing a loan between friends, combining personal trust with legal protection.
find out more
Personal Loan Letter Between Friends
A Malaysian-compliant legal document that formalizes a personal loan agreement between friends, including loan terms and repayment conditions.
find out more
Personal Loan To Company Agreement
A Malaysian law-governed agreement documenting terms and conditions for a personal loan from an individual to a company, including loan amount, interest, repayment terms, and parties' obligations.
find out more
Mortgage Subordination Agreement
A Malaysian law-governed agreement that establishes priority ranking between multiple mortgages over the same property, determining the order of security enforcement and payment rights.
find out more
Loan Agreement Between Two Individuals
A Malaysian law-governed agreement establishing loan terms between two individuals, including principal amount, interest, repayment terms, and default provisions.
find out more
Facility Loan Agreement
A Malaysian law-governed agreement establishing terms and conditions for a lending facility between a financial institution and borrower, incorporating local regulatory requirements and banking practices.
find out more
Inter Lender Agreement
A Malaysian law-governed agreement establishing priorities and relationships between multiple lenders in a financing transaction, including debt ranking, voting rights, and enforcement mechanisms.
find out more
Loan Consent Form
A Malaysian-compliant document recording borrower consent for loan-related modifications or actions, subject to local banking regulations and legal requirements.
find out more
Inter Corporate Loan Agreement
A Malaysian law-governed agreement establishing terms and conditions for a loan between corporate entities, including loan amount, interest rates, and repayment terms.
find out more
Facility Letter Mortgage
A Malaysian law-governed facility letter detailing mortgage terms, conditions, and security arrangements between a financial institution and borrower.
find out more
Employee Laptop Agreement
A Malaysian law-governed agreement setting out terms for company laptop provision to employees, including usage, security, and return conditions.
find out more
Loan Guarantor Agreement Form
A Malaysian law-governed agreement where a Guarantor assumes responsibility for a Borrower's loan obligations to a Lender in case of default.
find out more
Tripartite Loan Agreement
A Malaysian law-governed agreement establishing a three-party lending arrangement, detailing loan terms, security arrangements, and party obligations.
find out more
Loan Out Agreement
A Malaysian-law agreement facilitating the provision of individual services through a loan out company structure.
find out more
International Loan Agreement
Malaysian law-governed agreement establishing terms for cross-border lending between an international lender and Malaysian borrower, incorporating local regulatory requirements and international banking practices.
find out more
Fixed Sum Loan Agreement
A Malaysian law-governed agreement establishing terms for a fixed sum loan, including amount, interest, repayment terms, and security arrangements.
find out more
Deed Of Loan Agreement
A Malaysian law-governed deed documenting a loan arrangement between lender and borrower, including loan terms, conditions, and enforcement provisions.
find out more
Rent Agreement For Personal Loan
A Malaysian law-governed agreement establishing terms and conditions for personal loan arrangements between lenders and borrowers.
find out more
Money Lending Agreement
A Malaysian law-governed agreement establishing terms for money lending between a licensed moneylender and borrower, compliant with the Moneylenders Act 1951.
find out more
Mortgage Agreement
A Malaysian law-governed agreement creating a security interest over property to secure a loan or financing facility, compliant with local property and banking regulations.
find out more
Loan Guarantee Agreement
A Malaysian law agreement where a guarantor commits to fulfill a borrower's loan obligations in case of default.
find out more
Lender And Borrower Agreement
Malaysian law-governed agreement establishing loan terms and conditions between lender and borrower, including financial obligations and regulatory compliance requirements.
find out more
Letter Of Borrowing Money From Company
A formal letter document governed by Malaysian law that establishes the terms and conditions for borrowing money from a company.
find out more
Friends And Family Loan Agreement
A Malaysian law-governed agreement for formalizing loans between friends or family members, including key terms and conditions for lending and repayment.
find out more
Finance Agreement
A Malaysian law-governed agreement establishing terms and conditions for financial facilities between lenders and borrowers, including key financial and security terms.
find out more
Debt Acknowledgement And Repayment Agreement
A Malaysian law-governed agreement that formally acknowledges debt and establishes repayment terms between creditor and debtor.
find out more
Caveat Loan Agreement
A Malaysian law-governed agreement combining loan provisions with property security through a caveat registration system.
find out more
Car Payment Agreement Between Friends
A Malaysian-compliant legal template for structuring car payment arrangements between friends, incorporating essential elements of vehicle sale and financing agreements.
find out more
Car Loan Agreement Between Family
A Malaysian law-governed agreement for car loan arrangements between family members, establishing loan terms and vehicle ownership details while maintaining family relationship considerations.
find out more
Letter Borrowing Money From A Friend
A Malaysian-compliant letter format document for recording and formalizing personal loans between friends, incorporating essential legal elements while maintaining an informal tone.
find out more
Loan On Rent Agreement
A Malaysian law-governed agreement combining loan financing with equipment rental terms, structured as an integrated financial and rental arrangement.
find out more
Simple Repayment Agreement
A Malaysian law-governed agreement establishing loan repayment terms and conditions between lender and borrower.
find out more
Auto Loan Agreement Between Friends
A Malaysian law-governed agreement for private auto lending between friends, establishing loan terms and vehicle security arrangements.
find out more
Amenities Agreement For Home Loan
A Malaysian legal agreement governing property amenities provision and maintenance under home loan arrangements, subject to Malaysian property and financial services laws.
find out more
Joint Loan Agreement
A Malaysian law-governed agreement establishing terms for multiple borrowers to jointly obtain and be liable for a loan facility from a lender.
find out more
Cash Advance Loan Agreement
A Malaysian law-governed agreement setting out terms and conditions for short-term financing between lender and borrower, compliant with local financial regulations.
find out more
Bill Of Sale Loan Agreement
A Malaysian law-governed agreement combining a loan facility with security over assets through a bill of sale arrangement.
find out more
Asset Based Loan Agreement
A Malaysian law-governed agreement establishing terms for a loan secured by specific assets, including security arrangements and regulatory compliance requirements.
find out more
Mortgage Purchase Contract
A Malaysian law-governed agreement combining property purchase terms with mortgage financing arrangements, compliant with local banking and property regulations.
find out more
Guarantor In Loan Agreement
A Malaysian law-governed agreement where a guarantor commits to fulfill a borrower's loan obligations in case of default.
find out more
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
.png)
.png)