Utilising eSign for paperless service delivery in Banking

Finazapp eSign – Use Cases

What Is eSign

Aadhaar eSign is a Govt. of India approved digital signing service that uses Aadhaar data of the Aadhaar holder to sign digital documents without using any other software.

The eSign service can be used by banks, stock brokers and other organizations to digitally collect signed documents that are required to provide services to their customers.

How eSign Works

An Aadhaar Holder uploads the document to be signed to the ASP and does Aadhaar authentication.

The service provider creates the hash of the document and calls the eSign service.

A digital certificate for the Aadhaar holder is created and is used to sign the documents

The signature is embedded into the document and signed document is created

How is eSing Usefull?

Enables effective use of mobile and web

channels for service delivery to the

customer

Completely paperless process for collecting

self signed documents

Reduces the turnaround time for

service delivery

Reduces the cost and time involved in

document processing

Enables implementation of customer friendly

process

Easy verification of digital signature

Legally recognised – Aadhaar eSign is legally recognised under IT Act

as valid digital signature.

eSign Use Case - Banking

New Account Opening

Fill OnlineAccount Opening Forms

Upload Scanned Copies of

Supporting Documents

Review the Document

Set for eSign

Open Account

Do eKYC using ATM or visiting the branch

Online Or Customer App based Account Opening

Agent or Tab based Based Account Opening

Sign the Documents using eSign

by OTP

FillAccount Opening

Forms On APP

Scan of Supporting Documents

If any needed

Review the Document

Set for eSign

Open Account

Do eKYC using

fingerprint scanning

Sign the Documents using eSign

eSign Use Case - Banking

New Services to Existing Customers

Fill OnlineLoan

Application

Upload Scanned Copies of

Supporting Documents

Review the Document

Set for eSign

Process Loan

New Loans to Existing Customer

Sign the Documents using eSign

by OTP

For existing customers that avail new services such as car loans, housing loans, credit cards etc. needs to submit a signed application and the supporting documents. Customer can do all this online using eSign without visiting the branch or doing any paperwork.

Customer can also submit applications such Nomination Application, Channel Facility Application etc. without visiting the branch or doing any paperwork.

Finazapp eSign Solution

Finazapp is turnkey eSign solution that make eSign implementation easy and affordable.

Hosted solution that gives you complete control on your data.

Finazapp with its web plugin, eSign mobile App and REST API provides an end to end eSign solution.

Advantages Of Finazapp

Plug and Play Digital Signature Service.

Mobile App with fingerprint scanner integration for agent assisted digital signature.

Built in support for Aadhaar eKYC integration

Legally valid digital signature technology that is easy to integrate and easy to use.

About US

Finahub Technology Solutions Pvt. Ltd.

Domain Expertise

The first company to provide cloud based customer management solutions to capital market firms in India. Finahub Kinship Platform is currently being used by leading stock broking firms in Kerala.Finahub’s Aadhaar eKYC server is being used major NBFCs and other organisation in their eKYC service implementation Short listed as one of the top new companies in India by NASSCOMFinahub is Samsung Enterprise Partner currently working with Samsung to rollout Aadhaar and eSign application on latest Samsung devices

Working on E-KYC implementation for Muthoot Finance LtdLeading the open source implementation of Aadhaar Authentication Server named EkthaIn house development of e-KYC ServerOnly e-KYC mobile app showcased at NASSCOM Hack-a-Fin event.

Clientele

Stock Broking

Aadhaar eKYC

Thank you

To know more about Finazapp Solution and eSing Service, please contact:

Rajesh SukumaranEmail : rajesh@finahub.comPhone : 91-9745108885Site : http://www.finahub.com