Digital Revenue Stamping
Key Resources:
About the Feature
The changes in the IT Act allow you to get DPNs eSigned. This allows you to execute your DPNs even outside work hours, and speed up your lending process. But DPNs require revenue stamps. Digital revenue stamping is, however, unheard of.
So you are stopped from digitising your DPNs even though the law allows you to do it.
This means that you are still stuck with:
- High overhead costs of managing physical paperwork & stamping
- Field officers wasting productivity on attaching physical stamps to each document
- Loss of business due to high TAT on stamp procurement
- Wastage of stamp papers in transit or due to storage conditions
Leegality Digital Revenue Stamping is India’s first and ONLY fully compliant digital revenue stamping solution - with ~9 lakh revenue stamps digitised across verticals.
This allows you to digitise your revenue stamps and DPNs - letting you slash TAT and errors in stamp paper procurement and management.
Digital Revenue Stamping is widely used by banks and other lenders to offer fully digital lending journeys.
- Compliant with all the stamping laws and IT Act of India
- No wastage - if the signer drops off before signing you don’t lose that revenue stamp
- Easily manage revenue stamp inventory yourself through a centralized dashboard
- Reduced cost of lending due to cheaper digital process
- Faster lending - due to increased digitization. DPNs can be executed outside of work hours as well.
- Digitised Demand Promissory Notes (DPNs)
- Fully digital lending journeys