how airtel payments bank used leegality to keep business

How Airtel Payments Bank used Leegality to keep business activity

flowing during the 2020 lockdown

Case Study

Who is Airtel Payments Bank?Airtel Payments Bank, India’s first Payments Bank, was launched to support the cashless revolution promised by the Government of India. The Bank aims to give every Indian access to an equal, effective and trustworthy banking experience.

Since its inception, Airtel Payments Bank has built a physical presence across the country with over 500,000 banking points to cater to an ever-increasing customer base of over 40 million.

500bnANNUAL PAYMENTS

500KBANKING POINTS

Airtel Payments Bank’s Paper Challenge

Airtel Payments Bank offers its services through an extensive network of ‘Business Correspondents’.

As per Airtel Payments Bank’s business process, a Business Correspondent has to be enrolled with the Bank and the process requires signing of contracts.

These Business Correspondents serve as the face of the Bank to its customers and play an important role in running of the banking operations.

Physical execution of these key documents was a challenge during the first COVID-19 Lockdown in 2020

We caught up with Anshoo Sharma, Airtel Payments Bank's Head of Legal - the department in charge of getting

the Business Correspondent agreements executed and asked her how Leegality helped during the lockdown.

What was the challenge you faced duringthe COVID-19 Lockdown?

ANSHOO SHARMAHead of Legal@ Airtel Payments Bank

“A lot of things are dependent on Agreement execution – the onboarding of a partner, a client and many more business requirements depends on it.”

“Starting with procurement of a stamp paper to printing, scanning and stamping of the agreements became a challenge during this Lockdown. The solution offered by Leegality caters to all these challenges.”

What if you couldn’t have executed thesedocuments?


“If we couldn’t have executed the documents, onboarding would have delayed. We may have had to take deferral approvals – with our Business Correspondents assuring submission of hard copies at a later date. With Leegality we are able to execute these agreement on time as we now have digital agreements.”

What do you like about Leegality?


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

“What adds to the complete experience is the attitude of the Leegality team, who went out of the way to help us during this period. They are proactive and always available to resolve our queries.”

Airtel Payments Bank continues to useLeegality for seamless electronic executionof its Business Correspondent Agreements

Leegality is arocketship foryour documents

Leegality is a unified set of digital tools that makes it faster, easier and more secure for businesses to sign and manage criticalpaperwork

IT Act Compliant eSign stackWith Leegality BharatSign, businesses can sign and collect signatures on paperwork in a completely secure, fast and paperless way

Digital Stamp Duty PaymentsWith LeegalityBharatStamp businessescan affix stamp papers totheir agreementscompletely digitally –ensuring that eContractflows are fully compliantwith stamping law

More than eSign and eStamp – we have everything else an Indian business needs for its digital document workflows

Signer VerificationEliminate the risk of signature fraud and enhance enforceability of digital documents

Document Automation Fully automate your document processes for super-fast and hassle-free documentation

Contracting Compliance Stay compliant with internal contracting and regulatory compliance even as you go digital

Document Security Multi-level encryption and authentication options for all your digital documents

Document Tracking Fully track your digital documents – and your team’s usage of Leegality

Flexible UsageStart going paperless instantly with our enterprise ready dashboard. Or easily integrate with our Smart API in less than a week

Leegality signed documents have additional presumptions of validity under Section 85B of the Evidence Act – making them easier to enforce

Leegality is a registered Application Service Provider – with yearly audits by CERT-In empanelled Auditors

We are compliant with RBI and SEBI audit protocols

The LeegalityAdvantage [The] Aadhaar eSign is more

likely to be secure than physical sign and is completely admissible in court. All agreements executed with an Aadhaar sign come with a legal backing

Justice S.K KaulSupreme Court

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Beyond Airtel Payments Bank, 750+ other top Indiancompanies are using Leegality to go paperless

Flexible UsageStart going paperless instantly with our enterprise ready dashboard. Or easily integrate with our Smart API in less than a week

The transformation that our customers see after they go paperless

Before Leegality After Leegality

Paper increases TAT for loan disbursal Faster TAT for closing paperwork – faster disbursals

Teams are liberated from paperwork and can instead focus on better work

Zero Manual Errors and Mistakes onDocuments

Easy for customers

Zero Risk of Loss, Damage

Environmentally FriendlyEnvironmentally Unfriendly

Critical paperwork Prone to Damage

Pain for customers

Manual errors and mistakes

Paper is a hassle to manage internally

Leegality signed documents have additional presumptions of validity under Section 85B of the Evidence Act – making them easier to enforce

Leegality is a registered Application Service Provider – with yearly audits by CERT-In empanelled Auditors

We are compliant with RBI and SEBI audit protocols

Begin your paperless journey with a simple3 step process

01Book a product demo with our Document Experts (all our clients started with this).

02We’ll discuss your specific requirements and customize a product demo for you.

03After the demo – we’ll setup your FREE sandbox account – where you can test out ALL our features yourself to your heart’s content.

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