Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Loan Repayment Agreement Letter
"Need a Loan Repayment Agreement Letter for a personal loan of SGD 50,000 with my uncle, to be repaid over 24 months starting March 2025, with 5% annual interest and monthly payments."
1. Date and Address Block: Current date and recipient's contact details including registered address
2. Reference Line: Original loan agreement reference number and date of original agreement
3. Outstanding Amount Statement: Clear statement of the remaining balance and calculation as of the current date
4. Repayment Terms: Detailed outline of the new payment schedule, amounts, and frequency of payments
5. Interest Rate Declaration: Statement of applicable interest rate, calculation method, and compliance with Singapore lending laws
6. Payment Method Details: Specification of accepted payment methods and complete account/payment details
7. Acknowledgment Request: Formal request for written confirmation of acceptance of the repayment terms
1. Late Payment Terms: Additional section specifying penalties, interest, and consequences for late payments in accordance with Singapore law
2. Early Repayment Provisions: Terms and conditions for early repayment, including any applicable fees or benefits
3. Security Details: Description of any collateral or security arrangements associated with the loan
4. Default Consequences: Detailed outline of actions to be taken in case of default, including legal remedies
5. Governing Law Statement: Explicit statement that the agreement is governed by Singapore law
1. Repayment Schedule: Detailed table showing payment dates, amounts, and running balance
2. Original Loan Agreement: Copy of the initial loan agreement attached for reference
3. Statement of Account: Current loan balance and payment history to date
4. Direct Debit Authorization Form: Standard form for setting up automatic payments if applicable
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
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.