Personal Unsecured Loans - eSigning eStamping Docu-mation - Leegality
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eSigning
eStamping
for
Docu-mation
Join the
#WarAgainstPaper
Personal Unsecured Loans
Case Study : Personal Loans
Personal loans are booming – with close to 30 million
personal loan accounts being originated annually.
However, a recent study by Transunion CIBIL and SIDBI
states that, on average to process a loan; an NBFC takes
19 while a private sector bank takes 29 days
NBFC
19 PVT BANK
29
This time leads to customer drop-offs and costs the sector…
Can this be solved?
Lending is highly paper-dependent
✓ Loan Agreements duly stamped
✓ Sanction letters
✓ Self – attested identity proof
✓ Loan recall letters
Clickwrap is woefully inadequate for enforcement and compliance
This paper based process is a PAIN
Expensive Prone to Fraud Cluttered Storage
The total cost of executing a document Wet-ink signatures are easily forged. Ballooning storage costs for physical
(visible and invisible cost) – with printing, agreements
lifetime storage, courier charges, manual Gives leverage and power to
unscrupulous agents to exploit the Applications hard to find when they need
coordination, verification cost can be
system to be inspected by RBI and other
upto INR 500 per loan case
authorities
Time Consuming Hard to Track Damage & Errors Difficult to Enforce
Turn around times range between 19 to Hard to keep track of physical Errors in filling applications and
Wet-ink signatures are refutable and
29 days for a financial institution – leading documents agreements lead to inordinate delays in
often disputed in a court of law
to customer drop offs and significant disbursal
delays in turn around time Increased chance of losing documents Missing pages/lost documents make
and/or missing pages Paper is prone to physical elements –
enforcement difficult
Painful user experience leads to customer making transport a risk
drop offs – lost revenue
Is there a better way
1
Clerks SWITCH
Stamp Document
Vendors Room
Runners PAPER
V/S Create
One Stop Solution for all Send
your Documentation Needs
Sign
Printing
Shipping
Scanning
India’s most powerful eSign, Digital Stamping &
Document Workflow Solution
e-Signing e-Stamping Docu-mation
Easily get your documents Pay Stamp Duty for all your Automate your documentation
eSigned Digital Documents. workflow
✓ Sign and Invite multiple signers ✓ Affix stamp paper instantly ✓ Preconfigure your Workflows
✓ Wide variety of eSigning Options: ✓ Available for all states ✓ Create Templates for repeat use
Aadhaar eSign, Virtual Sign, DSC and ✓ Ensure legal enforceability ✓ Unlimited Free Storage
Document Signer ✓ Keep track of all your Stamp ✓ Powerful APIs
✓ Automated and Bulk Signing Features Papers
✓ Digitally Signed Audit Trail of all
documents
is actively helping Banks, NBFCs and Fintechs to solve
this problem for SMEs by providing unique, secure and
scalable eSign and Instant Stamping solutions.
You can also supercharge your lending operations like they are!
NO MORE PAPERWORK!
A 100x better solution with
quantifiable benefits!
Instant Cost effective
Execute Loan Documents 90% reduction in disbursal &
in minutes rather than days execution costs
Secure Legally Enforceable
Ensure robust identification Comply with the IT Act & Stamp Act.
& safe document access Induce repayment by showing
Maintain absolute document borrowers you are serious about
integrity and avoid fraud their legal liability
Complete visibility Error Free
Centrally track documents Populate templates directly from your
throughout their lifecycle information databases to avoid errors in
filling up documentsLeegality’s APIs can integrate easily
with your LMS/LOS solutions
✓ Lentra AI : GoNoGo
✓ Pennant : LendingFactory
✓ Kuliza : Lend.in
✓ Salesforce
✓ Nucleus : FinnOne
✓ Decimal Technologies
✓ Inhouse solutions & more...Our Super Features
ORGANISATIONAL SIGNING TEMPLATE CREATOR WHITE-LABELLING
Bulk sign 100s of documents Create templates with Brand your customer’s
using DSC, Automated variable fields for automatic signing journey with your
Virtual Sign and Doc Signer document generation colour, logo and subdomain
EXTENSIVE CUSTOMISATION ROLE-BASED ACCESS ROBUST IDENTIFICATION
Tailor made for Indian Configure Permissions Optional identity verification
Businesses with features and Manage access through Aadhar certificate
like digital rubber stamp & within your organization verifier, GPS location
custom signature placement capture and face capture
FLAT FILE UPLOAD COMPLETE VISIBILITY TOP-OF-THE-LINE SUPPORT
Create and send 1000s of Keep track of all your Help in integration and
documents for eSigning documents centrally and extensive product updates
using a single Excel file generate advanced and on-call support
management reportsContact us today for a free
pilot!
Reach out to us at
contact@leegality.com or
call on +91 11411 70704
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