tiktok³ÉÈË°æ

All Countries
Real Estate
Assignment Of Loan Agreement

Assignment Of Loan Agreement 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 Assignment Of Loan Agreement

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:

Assignment Of Loan Agreement

"I need an Assignment of Loan Agreement for transferring a corporate loan worth INR 50 crores from HDFC Bank to ICICI Bank, with the assignment to be effective from March 15, 2025; the borrower is a manufacturing company and needs to be notified of the change."

Celebrated by
Collaborations with
Investors
Document background
The Assignment Of Loan Agreement is a crucial document used in Indian financial transactions when transferring loan rights from one entity to another. It becomes necessary when financial institutions want to transfer loan portfolios, during debt restructuring, or when lenders wish to exit certain credit positions. The document must comply with Indian legislation, particularly the Transfer of Property Act, 1882, and the Banking Regulation Act, 1949, when financial institutions are involved. It details the original loan terms, outstanding amounts, security arrangements, and includes mandatory provisions for borrower notification and acknowledgment. This agreement is particularly relevant in scenarios involving asset reconstruction companies, bank consolidations, or strategic debt restructuring under Indian banking regulations.
Suggested Sections

1. Parties: Identifies the Assignor (original lender), Assignee (new lender), and Borrower

2. Background: Describes the original loan agreement, its key terms, and the intention to assign

3. Definitions: Defines key terms used throughout the agreement including Loan Agreement, Assignment Date, Outstanding Amount

4. Assignment: Core clause specifying the transfer of rights and obligations from Assignor to Assignee

5. Consideration: Details of the payment or consideration for the assignment

6. Representations and Warranties: Assignor's warranties regarding the loan, outstanding amount, and authority to assign

7. Covenants: Ongoing obligations of the parties, including cooperation in perfecting the assignment

8. Notice to Borrower: Requirements and process for notifying the borrower of the assignment

9. Effective Date and Conditions Precedent: When the assignment takes effect and any conditions that must be met

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

Optional Sections

1. Security Transfer: Required when the original loan is secured and the security interests need to be transferred

2. Regulatory Compliance: Include when either party is a regulated entity requiring specific compliance provisions

3. Tax Provisions: Include when there are specific tax implications that need to be addressed

4. Further Assurance: Optional clause for additional actions parties may need to take to perfect the assignment

5. Costs and Expenses: Include when there's a need to specify who bears various costs of the assignment

6. Partial Assignment: Required when only a portion of the loan is being assigned

7. Indemnification: Optional protection for the assignee against pre-existing claims or disputes

Suggested Schedules

1. Original Loan Agreement: Copy or details of the original loan agreement being assigned

2. Outstanding Amount Details: Statement of the current loan balance, interest accrued, and payment history

3. Security Details: List and description of any security or collateral associated with the loan

4. Form of Notice to Borrower: Template of the formal notice to be sent to the borrower regarding the assignment

5. Payment Details: Bank account and payment instruction details for future loan payments

6. Compliance Certificates: Any required regulatory or compliance certificates from either party

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




































Clauses
























Relevant Industries

Banking

Financial Services

Non-Banking Financial Companies (NBFCs)

Asset Management

Real Estate

Infrastructure

Manufacturing

Private Equity

Debt Collection

Insurance

Relevant Teams

Legal

Finance

Credit

Compliance

Risk Management

Treasury

Loan Operations

Portfolio Management

Debt Recovery

Corporate Affairs

Relevant Roles

Legal Counsel

Finance Manager

Credit Manager

Loan Officer

Portfolio Manager

Compliance Officer

Risk Manager

Treasury Manager

Debt Recovery Officer

Corporate Lawyer

Banking Operations Manager

Chief Financial Officer

Legal Director

Asset Manager

Restructuring Officer

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

Assignment And Agreement Form (Insurance)

An Indian legal document for transferring insurance policy rights from assignor to assignee, compliant with Insurance Act, 1938 and IRDA regulations.

find out more

Assignment Of Partnership Interest

An Indian law-governed agreement facilitating the transfer of partnership interest from one partner to another, including associated rights and obligations.

find out more

Assignment Of Debt

An Indian law-governed agreement transferring debt obligations from one party to another, including associated rights and security interests.

find out more

Transfer Of Copyright Ownership Agreement

A legally binding agreement under Indian law for transferring complete ownership of copyright from one party to another, including all associated rights and interests.

find out more

Transfer Of Copyright Form

An Indian law-compliant document that formally transfers copyright ownership from one party to another, subject to the Indian Copyright Act, 1957.

find out more

Tenancy Novation Agreement

An Indian law-governed agreement that transfers tenancy rights and obligations from an existing tenant to a new tenant, with the landlord's consent, maintaining the original lease terms.

find out more

Assignment Of Construction Contract

A legal document governed by Indian law that transfers all rights and obligations under an existing construction contract from one contractor to another.

find out more

IP Assignment

A legal agreement governed by Indian law that transfers ownership of intellectual property rights from one party to another, including all terms and conditions of the transfer.

find out more

Assignment Of License Agreement

An Indian law-governed agreement that transfers license rights from one party to another, including associated obligations and responsibilities under the original license.

find out more

Assignment Of Loan Agreement

An Indian law-governed agreement that transfers loan rights and obligations from an original lender to a new lender, ensuring legal compliance and documenting assignment terms.

find out more

Tripartite Assignment Agreement

An Indian law-governed agreement facilitating a three-way transfer of rights and obligations between an assignor, assignee, and consenting third party.

find out more

IP Rights Transfer Agreement

An Indian law-governed agreement for transferring intellectual property rights between parties, including patents, trademarks, copyrights, and trade secrets.

find out more

Short Form Assignment Agreement

A concise legal document under Indian law that transfers rights or property from an assignor to an assignee, suitable for straightforward assignments.

find out more

Omnibus Assignment Agreement

An Indian law-governed agreement enabling comprehensive transfer of multiple assets and rights in a single transaction.

find out more

Note Assignment Agreement

An Indian law-governed agreement that transfers ownership and rights in a promissory note from an existing holder to a new holder.

find out more

Invention Assignment Agreement

An Indian law-governed agreement that assigns ownership rights of employee/contractor inventions and intellectual property to the employer, ensuring legal protection of company innovations.

find out more

International Assignment Agreement

An India-law governed agreement setting out terms for international employee assignments, ensuring compliance with Indian employment and immigration regulations.

find out more

Domain Name Assignment Agreement

An Indian law-governed agreement for transferring domain name ownership rights between parties, ensuring legal compliance with IT Act and domain registration requirements.

find out more

Collateral Assignment Of Beneficial Interest

An Indian law-governed agreement creating security over beneficial interests through collateral assignment, establishing terms for the security arrangement and enforcement rights.

find out more

Collateral Assignment Form

An Indian law-governed document creating a security interest in assets as collateral for securing obligations or debt repayment.

find out more

Assignment Of Shares

An Indian law-governed agreement documenting the transfer of shares from one party to another, including terms, conditions, and regulatory compliance requirements.

find out more

Assignment Of Management Agreement

An Indian law-governed agreement transferring management rights and obligations from one party to another, ensuring seamless transition of management services.

find out more

Assignment Of Lease Form

An Indian legal document transferring lease rights from current tenant to new tenant, governed by the Transfer of Property Act and requiring proper registration.

find out more

Assignment Of Debt Agreement

An Indian law-governed agreement that transfers debt obligations from one party to another, typically used in financial transactions and debt restructuring.

find out more

Assignment And Sublease

An Indian law-compliant agreement for transferring leasehold rights or creating a sublease, establishing terms between original owner, current tenant, and new occupant.

find out more

Agreement To Assignment

An Indian law-governed agreement that facilitates the legal transfer of rights, obligations, or property from an assignor to an assignee.

find out more

Assignable Lease

An Indian law-governed lease agreement that includes specific provisions allowing the tenant to transfer their lease rights to third parties, subject to defined conditions.

find out more

Assignment Of Franchise Agreement

An Indian law-governed agreement that transfers franchise rights and obligations from an existing franchisee to a new franchisee with franchisor approval.

find out more

Copyright Assignment Contract

An Indian law-compliant agreement for transferring copyright ownership from one party to another, governed by the Copyright Act, 1957.

find out more

Assignment Of Purchase Agreement

An Indian law-governed document that transfers rights and obligations under an existing purchase agreement from one party to another.

find out more

Transfer Of Copyright Agreement

An Indian law-compliant agreement for transferring copyright ownership from one party to another, governed by the Copyright Act of 1957.

find out more

Assignment And Assumption Agreement

A legal document under Indian law that transfers contractual rights and obligations from one party to another, ensuring proper documentation and compliance with local regulations.

find out more

Proprietary Information And Inventions Assignment Agreement

An Indian law-governed agreement that protects company intellectual property and ensures assignment of employee/contractor inventions and innovations to the company.

find out more

Collateral Assignment Of Lease

An Indian law agreement where a tenant assigns their lease rights to a lender as collateral for a loan while retaining occupancy rights.

find out more

Collateral Assignment Of Franchise Agreement

An Indian law-governed agreement assigning franchise rights as collateral security for financing, balancing lender security interests with franchise operational requirements.

find out more

Collateral Assignment Agreement

An Indian law-governed agreement creating a security interest through the assignment of collateral assets, commonly used in secured lending transactions.

find out more

Assignor And Assignee Agreement

A legal document under Indian law facilitating the transfer of rights, assets, or interests from an Assignor to an Assignee, governed by Indian Contract Act and related statutes.

find out more

Assignment Of Services Agreement

An Indian law-governed agreement facilitating the transfer of service obligations and rights from one party to another, ensuring legal compliance and protection for all parties involved.

find out more

Vehicle Assignment Agreement

A legally binding agreement governing vehicle assignment between parties under Indian law, detailing transfer of usage rights and associated responsibilities.

find out more

Assignment Of Rights Agreement

An Indian law-governed agreement facilitating the complete transfer of specified rights from an Assignor to an Assignee, ensuring legal compliance and protection for all parties.

find out more

Assignment Of Residential Lease

An Indian law-compliant agreement for transferring residential lease rights from an existing tenant to a new tenant, including necessary consents and obligations.

find out more

Sale And Assignment Agreement

An Indian law-governed agreement facilitating the transfer of ownership rights and interests in property, assets, or rights from a seller/assignor to a buyer/assignee.

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: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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 for more details and real-time security updates.

Read our Privacy Policy.