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Manage your entire Bank Guarantee Lifecycle Digitally with Leegality eBG Suite
Manage your entire eBG lifecycle from the
Leegality Dashboard - Pre-integrated with NeSL eBG Suite
Ensure error-free eBG execution with maker-checker flows and auto-detection of errors in the NeSL form
Send real-time eBG Event notifications to all parties involved
- Bank gets email notification each time an eBG Event request is raised by the Debtor/Beneficiary
- Debtors and beneficiaries get notified when the status of their request changes
Confused between a direct eBG connection and Leegality eBG?
FAQs
There are 3 main benefits you get when you use NeSL via Leegality:
- Free up your tech team’s time: You don't need to do a fresh NeSL integration each time you want to go-love with NeSL in a vertical. We've already integrated with NeSL for you. You simply need to create a new NeSL workflow on the Leegality Dashboard and deploy it quickly
- Dashboard Front end: You get an enterprise dashboard - where you can configure NeSL Workflows, Track Workflows, Track Consumption and even go-live at scale WITHOUT an API integration
- Leegality Services: Get access to our top-of-the-line services team. They’ll ensure you meet your go-live timelines and help you meet your NeSL KPIs
We’ve built a complete front-end dashboard experience for NeSL for your internal teams. So, you don’t need an API integration to go-live with NeSL if you use Leegality.
Of course, if you want to do an API integration - you can do that through Leegality as well.
Absolutely! Leegality is an empanelled Third Party Service Provider (TSP) with NeSL. We are in regular contact with the NeSL team - keeping them in the loop on all integrations and implementations.
NeSL’s primary role is to act as an Information Utility - a centralized repository of authenticated debt documentation and debt information in India. The idea behind NeSL is to make enforcement of debt under the Insolvency and Bankruptcy Code faster and easier. With NeSL DDE, lenders get a standard way to execute debt documentation - ensuring a standardized mode of storing information in the Information Utility repository
Stamping via NeSL DDE is completely digital - with no physical copy of stamp papers required.
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