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Home Business Banking

Indian Bank extends on-line locker pact execution through NeSL’s DDE Platform

by NavJeevan
3 years ago
in Banking, Business, chennai, Information Technology, Launchpad, National
Reading Time: 1 min read
0
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Arun Kumar Bansal is new CFO of Indian Bank
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NE BUSINESS BUREAU
CHENNAI, AUG 17

Indian Bank on Thursday became the First Public Sector Bank to extend facility of execution of on-line locker agreement through Digital Document Execution (DDE) Platform of National E-Governance Services Limited (NeSL). On-line locker agreement, which is available round the clock will enhance customer convenience and will reduce the turn-around time of the agreement execution.

  • DDE is a fully automated contract execution platform with paperless e-stamp and electronic signature (e-Sign) facility
  • The end to end digital process eliminates the need for physical stamp papers and signatures, making it faster and more efficient

DDE is a fully automated contract execution platform with paperless e-stamp and electronic signature (e-Sign) facility. The facility of e-Sign includes Aadhar based (OTP/Biometric) and dongle-based digital signature. The platform offers individual and multiple signatories to execute document in sequence, which will facilitate joint account holders also to execute on-locker agreement at their ease. Customers can track transaction status and download the Electronic Evidence (65B) certificate in real-time.

The end to end digital process eliminates the need for physical stamp papers and signatures, making it faster and more efficient.

Tags: extendIndian Banklocker pact executionNeSL’s DDE Platformon-line
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