A Detailed Guide About Aadhaar Signature. How Does it Work for Businesses?

Aadhaar-based eSign services have developed tremendously in this digital age and are now essential for enterprises that are operating online. A few years back it was hard to imagine a situation where you could sign any document without being physically practical. But this all is happening now and all thanks to digital signature solutions. Here in this guide, we will discuss in detail aadhaar signatures and look at why they play an essential role for businesses.

What is an Aadhaar signature?

Aadhaar e-Sign is a digital solution authorized by the Unique Identification Authority of India (UIDAI) that allows individuals to digitally sign any documents by verifying their registered mobile number. An Aadhaar Signature eliminates the need for physical presence to sign the documents and can be used by any individual sitting anywhere in the world.

The traditional pen and paper-based signatures are a very time-consuming and stressful process.  It takes hours to finish work that only takes a minute, which lowers business efficiency. However, signing documents digitally using your Aadhaar number is a quick and easy process that takes only a few minutes. Aadhaar eSign services reduce the need for scanning, printing, and signing documents by waiting in a long queue. These services are helping the business by saving many resources including cost, time, and effort.

Are e-sign services based on Aadhaar allowed in India?

Yes, The Information Technology Act, of 2000, and its revisions, as well as other relevant rules and guidelines published by the Indian government, serve as the foundation for the legitimacy of Aadhaar-based eSign services. 

there are many firms who are using Aadhaar-based signature so that they can improve their efficiency. These services were introduced in 2015 by the government of India to ease the process of signing documents. eSign Aadhaar services are among the most used digital signatures by the government and individual firms. The process takes only a few minutes to complete. The signer first needs to enter their mobile number and enter the OTP received on their registered number to verify their identity. And that’s it, your signed documents are ready to use.

How do Aadhaar-based signatures benefit businesses?

These services lower labour expenses and increase job efficiency, which benefits both individuals and corporations. Below are the key benefits of these services affecting the businesses:

Reduced Turn Around Time:

The customary practice of signing documents on paper is a lengthy process and often takes time to complete. However, Aadhaar based eSign services are reducing the turnaround time by signing teh process only in a few minutes. This completely eliminates the need to print the paper and wait for multiple parties to sign them.

Enhancing Productivity:

By reducing the labour cost and time taken to complete the process, the Aadhaar signature is improving the productivity of businesses. Now they don’t need to wait for the signer to visit their office and sign the documents. Instead, they can integrate an eSign solution into their businesses and can invite multiple parties at the same time to sign the documents.

Easy Integration with Workflow:

Businesses are now looking for software that is easy to integrate with their workflows. This helps them to maintain their workflow and to enhance customer satisfaction. Aadhaar eSign services are very easy to integrate into the flow of your business and they offer a seamless interaction for your team. You can connect with a service provider and they will provide you with an eSign platform where you can invite your customers to eSign the documents.

Fraud prevention:

Online services are often associated with a risk of privacy. Businesses think about the authentication of the signing person as the documents contain sensitive and personal information. However, eSign Aadhaar services are offering a secure and robust platform for sending confidential papers. The signer can verify these documents by using their mobile number.

The documents are being verified by the central databases of the UIDAI to authenticate the identity of the person which prevents the documents from any kind of online fraud. 

Better Customer Satisfaction:

By using Aadhaar Based eSign services businesses are offering a seamless and time-saving process to their customers. It helps them in providing a better service to their customers which leads to better customer satisfaction.

This digital process completely eliminates the need for a traditional paper signing process and provides an interface to the customers where they can sign by sitting anywhere and anytime. Whether you are at home, work, or anywhere, these services will allow you to participate in the verification process.

Compliance Regulation:

Aadhaar eSign services are a legal process and are authenticated with multiple layers of security. The customers can now use their aadhaar number to sign any document. after that it will fetched the data form the central database of the UIDAI, so that it can verify their identity. Along with that, these digital signatures are safe from any kind of physical damage from water or ink as these are digitally signed. By meeting business standards, industries can ensure a safe and secure environment for their customers. 

Bulk Signing:

Aadhaar signature allows multiple signers to sign the document at the same time. Thanks to these services, users can now access the signing procedure without having to wait in line for their turn. All they need is an OTP and an Aadhaar number. By using these services, business can allow multiple users at the same for signing the documents. So that they can reduce the time and improve the efficiency of their work. 

Conclusion:

In conclusion, we can say that eSign Aadhaar offers numerous benefits to various industries. From E-commerce to capital market, businesses are using Aadhaar-based signatures so that  they can improve their efficiency. At Meon, we are offering a personalised eSign platform to businesses so that they can manage their workflows more efficiently.

I hope you will find this guide helpful and this will help you to understand how aadhaar eSign services can benefit your business. In case you have any difficulty or queries related to Aadhaar signatures, then you can book a demo with our team.