Use Case - Microfinance

Paper-based Process

Time Taken

Improper scanning, physical delivery, physical meetings - all delay disbursals

No printing, no scanning, no manual errors. Your Branch Office receives documents instantly after they are signed

Ease of Use

All borrowers need to sign on every page. CRE has to meet all borrowers to collect signatures

Borrowers eSign once and all pages get signed instantly. They can all sign simultaneously from different locations

Cost

Cost of paper, printing, ink and delivery of paperwork increase your already high CAC and cut into your thin margins

No physical documentation. Your operations and storage costs are cut by 85%

Risk

Your paper loan kits can get damaged or lost.

Your digital loan kits are stored in Bank-Grade Security with triple level backup

Fraud

CRE/BC can forge signatures or force borrowers to sign blank forms

Auto-fill templates and verify signers. You now have a systemic check against agent-level fraud

Paper-based Process

Time Taken

Improper scanning, physical delivery, physical meetings - all delay disbursals

Customer only needs to enter one OTP to eSign - in a 4 touch process.

Ease of Use

All borrowers need to sign on every page. CRE has to meet all borrowers to collect signatures

Borrowers eSign once and all pages get signed instantly. They can all sign simultaneously from different locations

Cost

Cost of paper, printing, ink and delivery of paperwork increase your already high CAC and cut into your thin margins

No physical documentation. Your operations and storage costs are cut by 85%

Risk

Your paper loan kits can get damaged or lost.

Your digital loan kits are stored in Bank-Grade Security with triple level backup

Fraud

CRE/BC can forge signatures or force borrowers to sign blank forms

Auto-fill templates and verify signers. You now have a systemic check against agent-level fraud

Trusted by the best in Indian BFSI

Leading MFI’s have begun the journey

[With Leegality] I'm enabling my customer to just put one signature rather than putting 10 to 12 signatures. I am also unlocking the productivity and time of my wealth managers. Finally, from a sustainability perspective – we are helping mother nature by not wasting paper.

L Murty

Deputy CEO, Dvara KGFS

The seamless process offered by Leegality for the digital execution of agreements is commendable. It is easy to use and saves time

Anshoo Sharma

Head of Legal and Risk, Airtel Payments Bank

“Leegality has been a game changer for our frontend Sales Team. We have got a lot of appreciation and acknowledgement about how seamless life has become for them after Leegality”

Dhairya Shah

Head of Projects @ Axis Finance

The only solution with features tailor-made for Micro-Finance/Rural Lending

Easy APIs

API ready to integrate into your LOS/LMS in less than a week

Affix Fingerprint Image

Borrower can affix their fingerprint image on documents instead of eSigning

Different Borrowers, Same Device

Borrowers often share the same device. With Leegality, different borrowers can eSign using the same device

Aadhaar eSign alternative

Don’t want to use Aadhaar eSign? Simply use our low-cost Virtual Sign alternative

Sign Verification

Geo-location, Face Capture, Signature Verification to ensure the correct people are signing

Pre-fill documents automatically

Save your templates on Leegality and automatically pre-fill them from your LOS/LMS to avoid manual errors and fraud

Book a call with our Document Experts

Drop your details in the form if you want any (or all!) of the following:

A product demo tailor-made for your use case
The opportunity to ask our Document Experts absolutely any question you have about the product, pricing, use case etc.
A FREE sandbox account - where you can test out ALL our features for free

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