Digital Revenue Stamping - An essential step to digitising your DPNs

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 ~6 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. 

Further, you will be able to affix stamps from your digital inventory anytime you need - even outside of work hours.

Let’s take a quick look at how digital revenue stamping changes your DPN flow.

How Leegality Digital Revenue Stamping works

You place the order for revenue stamps from the Leegality Dashboard.

Leegality purchases the Revenue Stamps from an authorised vendor.

You place the order for revenue stamps from the Leegality Dashboard.

Leegality purchases the Revenue Stamps from an authorised vendor.

The physical revenue stamp is stuck in A4 paper and defaced with custom legend text, unique Doc ID, and client name.

The defaced Revenue Stamp is digitised and the doc ID is captured using optical character recognition. Doc ID is then verified & interlinked in Leegality.

The physical revenue stamp is stuck in A4 paper and defaced with custom legend text, unique Doc ID, and client name.

The defaced Revenue Stamp is digitised and the doc ID is captured using optical character recognition. Doc ID is then verified & interlinked in Leegality.

The revenue stamps are added to your digital stamp inventory & are ready to use.

Digitised stamps can be used 24/7 via dashboard and API.

The revenue stamps are added to your digital stamp inventory & are ready to use.

Digitised stamps can be used 24/7 via dashboard and API.

Each document with Leegality digitised Revenue Stamp will have unique ID on the header.

Each document with Leegality digitised Revenue Stamp will have unique ID on the header.

The stamp details and unique document ID are mentioned in the Secure Audit Trail.

The stamp details and unique document ID are mentioned in the Secure Audit Trail.

Here is a quick peek into the actual product.

Pass the document that you need to check through Leegality eSign Verifier

Pass the document that you need to check through Leegality eSign Verifier

Pass the document that you need to check through Leegality eSign Verifier

Pass the document that you need to check through Leegality eSign Verifier

Step
1
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5

You place the order for revenue stamps from the Leegality Dashboard.

Leegality purchases the Revenue Stamps from an authorised vendor.

Step
2
/
5

The physical revenue stamp is stuck in A4 paper and defaced with custom legend text, unique Doc ID, and client name.

The defaced Revenue Stamp is digitised and the doc ID is captured using optical character recognition. Doc ID is then verified & interlinked in Leegality.

Step
3
/
5

The revenue stamps are added to your digital stamp inventory & are ready to use.

Digitised stamps can be used 24/7 via dashboard and API.

Step
4
/
5

Each document with Leegality digitised Revenue Stamp will have unique ID on the header.

Step
5
/
5

The stamp details and unique document ID are mentioned in the Secure Audit Trail.

Step
6
/
5
Step
7
/
5
Step
8
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5
Next step

Benefits of Leegality Digital Revenue Stamping

  • 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.

Benefits of Leegality Digital Revenue Stamping

  • 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.

Benefits of Leegality Digital Revenue Stamping

  • 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.
How to get started with
Digital Revenue Stamping

Get in touch at enquiry@leegality.com to start using Leegality Digital Revenue Stamping

More on
Digital Revenue Stamping
Product Flashcard - Digital Revenue Stamping