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ਕਾਗਜ਼ਾਤ

Debt Settlement Agreement

ਇੱਕ ਨਜ਼ਰ ਵਿੱਚ

ਕੀਮਤ
ਹਮੇਸ਼ਾ ਮੁਫ਼ਤ।
ਸਟਾਂਪ ਡਿਊਟੀ
A settlement that changes the terms of an existing debt is generally treated as an agreement for stamp duty.
ਰਜਿਸਟਰੀ
Not compulsorily registrable where the settlement only deals with money and creates no right in immovable property.
ਗਵਾਹ
Not legally required, but two independent witnesses are taken, as on the other loan documents in this library, because a dispute over a settled debt is very often a dispute over what was agreed and when.

ਮੁਫ਼ਤ

ਹਮੇਸ਼ਾ ਮੁਫ਼ਤ।

ਮੁਫ਼ਤ: ਇੱਕ ਦਿਨ ਵਿੱਚ 5 ਦਸਤਾਵੇਜ਼ ਤੱਕ।

ਆਸਾਨ ਸਵਾਲ, ਪੂਰਾ ਡਰਾਫਟ ਸਕ੍ਰੀਨ ਉੱਤੇ, Word ਵਿੱਚ ਡਾਊਨਲੋਡ ਕਰੋ।

ਸਾਰੀਆਂ ਕੀਮਤਾਂ ਵੇਖੋ

ਇਨ੍ਹਾਂ ਨਾਵਾਂ ਨਾਲ ਵੀ

  • Loan Settlement Agreement
  • Settlement of Dues Agreement
  • Full and Final Settlement of Loan
  • Compromise of Debt
  • Karz Nipatara Samjhauta
  • ਲੋਨ ਨਿਪਟਾਰਾ ਇਕਰਾਰਨਾਮਾ
  • ऋण निपटान करार

ਦਸਤਾਵੇਜ਼ ਆਪ ਅੰਗਰੇਜ਼ੀ ਵਿੱਚ ਹੈ। ਭਾਰਤ ਵਿੱਚ ਇਸ ਤਰ੍ਹਾਂ ਦੇ ਕਾਗਜ਼ ਆਮ ਤੌਰ ਉੱਤੇ ਅੰਗਰੇਜ਼ੀ ਵਿੱਚ ਹੀ ਬਣਦੇ ਹਨ, ਅਤੇ ਰਜਿਸਟਰਾਰ, ਬੈਂਕ ਜਾਂ ਅਦਾਲਤ ਵਿੱਚ ਉਹੀ ਸ਼ਬਦ ਪੜ੍ਹੇ ਜਾਂਦੇ ਹਨ ਜੋ ਲਿਖੇ ਗਏ ਹਨ। ਜਿਨ੍ਹਾਂ ਦਸਤਾਵੇਜ਼ਾਂ ਦੇ ਪੰਜਾਬੀ ਅਨੁਵਾਦ ਨੂੰ ਅਸੀਂ ਜਾਂਚ ਕੇ ਮਨਜ਼ੂਰ ਕਰ ਦਿੰਦੇ ਹਾਂ, ਉਨ੍ਹਾਂ ਲਈ ਇਹ ਮੰਚ ਅੰਗਰੇਜ਼ੀ ਦੇ ਨਾਲ ਉਹ ਅਨੁਵਾਦ ਵੀ ਦਿੰਦਾ ਹੈ; ਅਨੁਵਾਦ ਅਤੇ ਅੰਗਰੇਜ਼ੀ ਪਾਠ ਵਿੱਚ ਫ਼ਰਕ ਹੋਣ ਦੀ ਸੂਰਤ ਵਿੱਚ ਅੰਗਰੇਜ਼ੀ ਪਾਠ ਹੀ ਮੰਨਿਆ ਜਾਵੇਗਾ।

ਕਦੋਂ ਲੋੜ ਪੈਂਦੀ ਹੈ

Settle an existing private debt on agreed terms — a reduced amount, or the same amount on new instalments — and get a written release from the lender once it has been paid. Both sides sign, so the lender is bound to the lower figure as long as the borrower keeps to the schedule, and the borrower is bound to pay it.

ਹੋਰ ਪੜ੍ਹੋ

Use it when a loan between individuals, whether made under a loan agreement, a promissory note or only a handshake, cannot be repaid as first agreed and the lender is willing to accept less, or to wait on a new schedule. It also says what happens if the borrower misses a payment: either the original amount comes back, or only the unpaid part of the settled amount remains, whichever you choose. Not an offer letter — the One-Time Settlement Proposal is only the borrower's offer and binds nobody until the lender accepts; use this document once the figure and the schedule have been agreed. Not for a loan from a bank, NBFC or housing finance company, whose settlements follow their own sanction letters and RBI norms. Not the Acknowledgement of Debt, which records a debt without changing it, and not the Recovery Notice, which demands payment.

ਕੀ ਇਹ ਇੱਥੇ ਹੀ ਭਰਿਆ ਜਾ ਸਕਦਾ ਹੈ

ਇਹ ਇੱਥੇ ਹੀ ਭਰਿਆ ਜਾ ਸਕਦਾ ਹੈ

ਇਹ ਦਸਤਾਵੇਜ਼ ਤੁਸੀਂ ਇਸੇ ਸਾਈਟ ਉੱਤੇ ਭਰ ਸਕਦੇ ਹੋ, ਅਤੇ ਕੁਝ ਵੀ ਤੈਅ ਕਰਨ ਤੋਂ ਪਹਿਲਾਂ ਪੂਰਾ ਖਰੜਾ ਸਕਰੀਨ ਉੱਤੇ ਪੜ੍ਹ ਸਕਦੇ ਹੋ। ਇਹ ਧਿਆਨ ਨਾਲ ਤਿਆਰ ਕੀਤਾ ਖਰੜਾ ਹੈ; ਤੁਹਾਡੇ ਆਪਣੇ ਹਾਲਾਤ ਬਾਰੇ ਦਿੱਤੀ ਸਲਾਹ ਨਹੀਂ।

ਇਸ ਨੂੰ ਭਰਨਾ ਸ਼ੁਰੂ ਕਰੋ
ਸਟਾਂਪ ਡਿਊਟੀ, ਰਜਿਸਟਰੀ ਅਤੇ ਗਵਾਹ ਵੇਖੋ

ਹੇਠਾਂ ਜੋ ਲਿਖਿਆ ਹੈ ਉਹ ਪੰਜਾਬ ਅਤੇ ਚੰਡੀਗੜ੍ਹ ਲਈ ਹੈ। ਇਸ ਵਿੱਚ ਉੱਥੋਂ ਦੀ ਹੀ ਸਥਿਤੀ ਦਿੱਤੀ ਗਈ ਹੈ, ਇਹ ਨਹੀਂ ਕਿ ਇਹ ਕਿੱਥੇ-ਕਿੱਥੇ ਕਿਵੇਂ ਬਦਲਦੀ ਹੈ — ਭਾਵ ਹੇਠਲੀਆਂ ਰਕਮਾਂ ਉਹੀ ਹਨ ਜੋ ਲਾਗੂ ਹੁੰਦੀਆਂ ਹਨ। ਦਰਾਂ ਬਦਲਦੀਆਂ ਰਹਿੰਦੀਆਂ ਹਨ, ਇਸ ਲਈ ਸਬ-ਰਜਿਸਟਰਾਰ ਦਫ਼ਤਰ ਤੋਂ ਪੱਕਾ ਕਰ ਲੈਣਾ ਠੀਕ ਰਹਿੰਦਾ ਹੈ। ਜੇ ਪ੍ਰਾਪਰਟੀ ਭਾਰਤ ਵਿੱਚ ਕਿਤੇ ਹੋਰ ਹੈ, ਤਾਂ ਇਸ ਵਿੱਚੋਂ ਕੁਝ ਵੀ ਤੁਹਾਡੇ ਲਈ ਨਹੀਂ ਹੈ।

ਸਟਾਂਪ ਡਿਊਟੀ

A settlement that changes the terms of an existing debt is generally treated as an agreement for stamp duty. Which entry applies, and the figure, differs between Punjab and Chandigarh and depends on how the settlement is worded. PUNJAB: confirm the entry and the current figure with the Sub-Registrar of the tehsil or against the Department of Revenue, Rehabilitation and Disaster Management's published table at revenue.punjab.gov.in before the stamp is bought, and e-stamp through the Stock Holding Corporation of India Limited (SHCIL). CHANDIGARH: confirm the entry and figure against the Chandigarh Administration's Rates of Stamp Duty & Registration Fees table at revenue.chd.gov.in, or with the Sub-Registrar, 30 Bays Building, Sector 17. BOTH: an instrument that is unstamped or insufficiently stamped is inadmissible in evidence under s.35 of the Indian Stamp Act, 1899 until the deficiency and any penalty are paid — which defeats the purpose of putting the settlement in writing.

ਰਜਿਸਟਰੀ

Not compulsorily registrable where the settlement only deals with money and creates no right in immovable property. If the original debt was secured by a mortgage of immovable property, releasing that mortgage is a separate step with its own registration requirement, which this Agreement does not cover.

ਨੋਟਰੀ

Not legally required, but useful: a notary's or Oath Commissioner's stamp fixes the date of signing, which matters if the dates of payment or the running of limitation are ever disputed.

ਗਵਾਹ

Not legally required, but two independent witnesses are taken, as on the other loan documents in this library, because a dispute over a settled debt is very often a dispute over what was agreed and when.

ਸਟੈਂਪ ਪੇਪਰ ਲਈ ਬੇਨਤੀ ਕਰੋ

Sample preview — placeholder answers, not your data

DEBT SETTLEMENT AGREEMENT

This Debt Settlement Agreement (this "Agreement") is made at Chandigarh on 3 April 2026.

BETWEEN

Rajinder Kumar Sethi, of House No. 1451, Sector 33-D, Chandigarh 160020, PAN AFRPS2211J (the "Lender", which expression includes the Lender's heirs, legal representatives and permitted assigns);

AND

Vikram Sethi, of House No. 214, Phase 4, S.A.S. Nagar (Mohali) 160059, PAN AFRPB2212K (the "Borrower", which expression includes the Borrower's heirs and legal representatives).

The Lender and the Borrower are each a "Party" and together the "Parties".

RECITALS

A. The Borrower owes the Lender money under the following loan or arrangement: Loan of Rs 3,00,000 given by the Lender to the Borrower on 4 March 2025 under a Loan Agreement of the same date (the "Original Debt").

B. The Parties agree that the amount now outstanding from the Borrower on the Original Debt, including all interest and charges, is ₹3,60,000 (Rupees Three Lakh Sixty Thousand only) (the "Outstanding Amount").

C. The Borrower cannot pay the Outstanding Amount as first agreed, and the Lender has agreed to accept the Settled Amount, on the payment terms below, in full settlement of the Original Debt.

NOW THIS AGREEMENT WITNESSES AND THE PARTIES AGREE as follows:

  1. 1. THE SETTLED AMOUNT

1.1 The Lender agrees to accept ₹2,80,000 (Rupees Two Lakh Eighty Thousand only) (the "Settled Amount") in full and final settlement of the Outstanding Amount, on condition that the Settled Amount is paid in the manner and by the dates stated in clause 2.

  1. 2. HOW THE SETTLED AMOUNT IS PAID

2.1 The Borrower shall pay the whole Settled Amount to the Lender in a single payment on the date stated below.

2.2 The single payment shall be made on 1 April 2026.

2.4 Every payment shall be made by bank transfer (NEFT, RTGS or IMPS), to the account or in the manner the Lender names in writing, and the Lender shall give the Borrower a written receipt for each payment.

2.5 The Parties confirm that they have checked the current income-tax rules on payments of this kind and that the mode of payment chosen complies with them.

  1. 3. THE REDUCTION IS CONDITIONAL

3.1 The reduction from the Outstanding Amount to the Settled Amount takes effect only when every payment under clause 2 has been made in full and on time, or made good within the period in clause 4.1.

3.2 While the Borrower keeps to clause 2, no further interest or charges accrue on the Outstanding Amount.

3.3 The Borrower confirms that the Outstanding Amount is correctly stated and that no part of the Original Debt is disputed.

  1. 4. IF THE BORROWER DEFAULTS

4.1 A default occurs if any payment under clause 2 is not made in full within 10 days after it falls due.

4.2 On a default, the Lender may treat the reduction as withdrawn and recover the full Outstanding Amount, after crediting every payment already made under this Agreement.

ਇਸ ਦਸਤਾਵੇਜ਼ ਨਾਲ ਅਕਸਰ ਇਹ ਵੀ ਚਾਹੀਦੇ ਹਨ

ਪਰਿਵਾਰ ਅਤੇ ਦੋਸਤਾਂ ਵਿਚਕਾਰ ਨਿੱਜੀ ਉਧਾਰ ਉੱਤੇ ਵਾਪਸ

ਅਸੀਂ ਆਪਣੀਆਂ ਸ਼ਰਤਾਂ ਅੱਪਡੇਟ ਕੀਤੀਆਂ ਹਨ

ਕਿਰਪਾ ਕਰਕੇ ਹੇਠਾਂ ਦਿੱਤੇ ਅੱਪਡੇਟ ਕੀਤੇ ਦਸਤਾਵੇਜ਼ ਪੜ੍ਹੋ ਅਤੇ ਇੱਕ ਵਾਰ ਮਨਜ਼ੂਰ ਕਰੋ, ਤਾਂ ਜੋ ਤੁਸੀਂ ਦਸਤਾਵੇਜ਼ ਲੈ ਜਾ ਸਕੋ ਅਤੇ ਕਿੱਟਾਂ ਖਰੀਦ ਸਕੋ। ਦਸਤਾਵੇਜ਼ ਵੇਖਣਾ, ਭਰਨਾ ਅਤੇ ਝਲਕ ਵੇਖਣਾ ਪਹਿਲਾਂ ਵਾਂਗ ਚੱਲਦਾ ਰਹੇਗਾ।