Can a handwritten loan agreement on a Rs. 500 stamp paper be used for a Rs. 35,000 loan from a government office? I'm worried if typing the agreement on the stamp paper is mandatory, or if handwriting is enough. I've already written the agreement by hand.

While a trust deed is not legally mandatory for opening a bank account, it is strongly recommended for clarity and transparency. The trust deed outlines the terms of the trust, including the beneficiaries and the trustee’s responsibilities, which is crucial for the bank to understand the trust’s structure and legal standing. Unlike the articles and memorandum of association, which govern a company’s operation, the trust deed defines the specific details of the trust itself.