I've Lent 2Lakhs 15 thousands on 2% interest for 2 months on 17th November 2024..on Trust..and no agreement done.but just transactions and messages on WhatsApp Although the borrower draws a stable income. Rs 30 k per month..but still unable to pay ..so far till date he paid just 11,000... On 2oth May 2025.. I visited His house personaly and got written from him..that what he owes to me'..so he wrote that he would repay my Principal amount with interest by May 2026..but I have a doubt that he would keep up his promise..as he always tries to dodge or plays trick...so i told him that im going to file a suit against him. .but the borrower says filing suit Will cause trouble to Both of Us..as it is illegal to give money on interest

In this scenario, it appears that you have entered into an oral agreement to lend Rs 2,15,000 to the borrower at an interest rate of 2% for a period of 2 months. The borrower has made partial payments but has not paid the full amount owed. The borrower has also provided a written acknowledgment of the debt owed to you, committing to repay the principal amount with interest by May 2026.

Given the circumstances, it is advisable to take appropriate legal action to recover the outstanding amount. Here are the steps you can consider:

1. **Legal Validity of WhatsApp Messages**: While WhatsApp messages can be used as evidence in legal proceedings, it is advisable to have a written agreement or promissory note for loan transactions to avoid disputes regarding the terms and conditions of the loan.

2. **Repayment Commitment**: The borrower's commitment to repay the amount by May 2026 is a positive aspect. However, considering the borrower's past behavior, it is important to have a legal agreement in place to ensure the timely repayment of the debt.

3. **Legal Action**: You have the right to file a civil suit against the borrower for recovery of the outstanding amount. The suit can be filed in the appropriate court as per the jurisdiction where the borrower resides or where the cause of action arose.

4. **Concerns About Usury Laws**: It is important to note that lending money at an interest rate higher than the one specified under the applicable usury laws may be illegal and could have implications. However, in this case, the interest rate of 2% appears to be reasonable.

5. **Consultation with a Lawyer**: It is advisable to consult with a lawyer specializing in civil litigation to assess your legal options and strategize the best course of action for recovering the outstanding amount. The lawyer can guide you through the legal process and help you enforce your rights effectively.

In conclusion, while the borrower has provided a written acknowledgment of the debt and a commitment to repay, considering the past behavior and the amount owed, taking legal action may be necessary to secure the repayment. Consultation with a legal expert will help you navigate the legal complexities involved in this matter.