unsecured LENDING

Reduce drop-offs and CAC for your unsecured & personal loan operations

Friction in your banking processes can force your customers to look for more digitally enabled alternatives. With Leegality, you become that alternative!

Top lenders powering their unsecured lending operations through Leegality

Transunion CIBIL and SIDBI estimate that it takes 19 days for an NBFC and 29 days for a pvt sector bank to disburse unsecured loans

With Leegality, you can reduce this time - and offer a better digital experience to borrowers

Paper-based Process
Turn around time
Ranges from 3 days to 3 weeks. Manual errors in filing documents can increase the time
Almost instant. Takes minutes. No manual errors
Cost
Paper comes with attendant costs - printing, ink, transport, storage etc. This adds to CAC and cuts into your thin margins
Eliminate all paper related costs at once. 90% reduction in CAC - allows you to maintain healthy margins
Ease of Use
Borrower needs to sign on every page. A painful process that leads to long queues
Super easy. 4 touches and all the paperwork is signed. No queues, no hassle
Fraud
No foolproof way to prevent fraud at an agent-level
Pre-fill templates to ensure that agents can’t make borrowers fill blank forms
Risk
Paper loan kits can get damaged or lost
With bank-grade storage, triple-backup and 100% tracking your digital loan kits never get damaged or lost
Enforcement
Customers can tend to “forget” to repay small ticket amounts on time
An immersive eSign experience that induces repayment by showing borrowers you are serious about their legal liability
Paper-based Process
Turn around time
Ranges from 3 days to 3 weeks. Manual errors in filing documents can increase the time
Almost instant. Takes minutes. No manual errors
Cost
Paper comes with attendant costs - printing, ink, transport, storage etc. This adds to CAC and cuts into your thin margins
Eliminate all paper related costs at once. 90% reduction in CAC - allows you to maintain healthy margins
Ease of Use
Borrower needs to sign on every page. A painful process that leads to long queues
Super easy. 4 touches and all the paperwork is signed. No queues, no hassle
Fraud
No foolproof way to prevent fraud at an agent-level
Pre-fill templates to ensure that agents can’t make borrowers fill blank forms
Risk
Paper loan kits can get damaged or lost
With bank-grade storage, triple-backup and 100% tracking your digital loan kits never get damaged or lost
Enforcement
Customers can tend to “forget” to repay small ticket amounts on time
An immersive eSign experience that induces repayment by showing borrowers you are serious about their legal liability
[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

Built for all kinds of unsecured and personal loans paperwork

Loan Agreements
Sanction Letters
Loan against shares kit
Self-attested ID proof
Loan Recall Letters

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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