Aadhaar eSign Verifier
About the Feature
Signers sometimes use the Aadhaar of a family member or friend to eSign documents.
You are entering into an agreement with a specific person - but the eSign is of someone else. This poses fraud, compliance, and enforcement risk for you as your agreement is signed by a third party.
Such high rates of eSiging with wrong Aadhaar leaves you vulnerable to fraud.
We built Aadhaar eSign Verifier to help you overcome this serious compliance risk.
With Aadhaar eSign Verifier, you will be able to automatically reject or flag a document if the signer uses someone else’s Aadhaar to eSign
Aadhaar eSign Verifier consists of 2 distinct capabilities:
Banks, MFIs and NBFCs who get their documents eSigned with Aadhaar
- Prevents eSign fraud by ensuring documents are signed by the right signatories
- Eliminates human errors in verifying KYC or form-fill information against Aadhaar.
- Removes the need for manual verification, freeing up your team’s time for more critical activities.
Documents executed using Aadhaar eSign, including:
- Loan agreements
- Vendor agreements
- Service agreements, etc.