Traditional Stamping vs E-Stamping

The stamp, once a ubiquitous symbol of officialdom, is facing a modern challenge: the rise of eStamping. This digital revolution in document authentication offers convenience and security in stark contrast to the traditional methods of physically procuring and affixing stamps. But is eStamping truly the vanguard, or does the old guard of paper and ink still hold its ground? Let’s delve into a comparative analysis, weighing the pros and cons of each approach.

Traditional Stamping Methods

For centuries, physical stamps have been the trusted guardians of document integrity. Their tangible presence, with embossed seals and watermarks, offered a sense of security and tamper-proof validation. The process is familiar: visit a stamp vendor, purchase the required denomination based on document value, and meticulously affix the stamp. While this method is deeply ingrained in legal and financial systems, it comes with its own set of pros and cons.


Tangible evidence: Physical stamps offer a tangible element, providing a sense of security and ease of verification for some users.

Accessibility: Traditional stamps are readily available in most locations. This makes them accessible even in areas with limited internet connectivity.

Familiarity: The method is well-understood by older generations accustomed to paper-based transactions.


Time-consuming: Acquiring stamp paper, calculating stamp duty, and affixing stamps can be time-consuming, especially for complex documents.

Prone to errors: Manual calculations and affixing stamps leave room for human error, potentially invalidating documents.

Security concerns: Counterfeiting and forgery of physical stamps pose security risks, raising concerns about document authenticity.

Environmental impact: Paper production and transportation associated with physical stamps contribute to environmental degradation.


eStamping, on the other hand, leverages the power of the internet to revolutionize document authentication. Instead of physical stamps, documents are electronically stamped through secure online platforms. The process involves selecting the required denomination, paying electronically, and downloading a digital stamp certificate. This certificate is then embedded within the document, ensuring its authenticity and validity.


Convenience: eStamping can be done anytime, anywhere, from the comfort of one’s home or office.

Speed and efficiency: The process is significantly faster, generating eStamp certificates in minutes compared to the hours or days it can take with physical stamps.

Security: eStamp certificates are encrypted and tamper-proof, minimizing the risk of fraud and forgery.

Transparency and auditability: The entire eStamping process is digitally recorded and easily traceable, enhancing transparency and accountability.

Environmental benefits: eStamping eliminates the need for paper production and transportation, contributing to a more sustainable future.


Digital dependence: Users require internet access and basic computer literacy to utilize eStamping platforms.

Initial learning curve: Familiarity with the eStamping process may require initial training or support, particularly for non-tech-savvy users.

Potential technical glitches: While rare, technical issues with eStamping platforms could temporarily disrupt document validation.

The adoption of eStamping is rapidly gaining momentum. In India, for instance, eStamping has witnessed a remarkable rise since its implementation in 2011. Statistics reveal that in 2022-23, over 85% of stamp duty collections were through eStamping, showcasing its growing popularity and efficiency.

Furthermore, the Indian government estimates that eStamping has saved over Rs. 10,000 crores in printing costs and revenue leakage since its inception. This translates to significant financial savings for the government and a more efficient allocation of resources.

The Path Forward

While eStamping offers undeniable advantages, it’s important to recognize that traditional stamping methods still hold value. For certain documents like wills and powers of attorney, physical stamps might be preferred for evidentiary purposes. Additionally, rural areas with limited internet connectivity might still rely on physical stamps for convenience.

Therefore, the future of document authentication likely lies in a hybrid approach. eStamping will undoubtedly become the dominant form for its efficiency and security benefits, but physical stamps might still play a role in specific cases.


The battle between eStamping and traditional methods is not a winner-take-all scenario. Both approaches offer unique advantages and cater to different needs. The key takeaway is that the digital revolution is transforming document authentication, and eStamping is leading the charge with its promise of convenience, security, and efficiency. Traditional stamping methods, though time-tested, need to adapt to the changing landscape to remain relevant and accessible. By striking a balance between the two, we can ensure that stamping remains a reliable and accessible component of modern life.

About Signzy

Signzy is a market-leading platform redefining the speed, accuracy, and experience of how financial institutions are onboarding customers and businesses – using the digital medium. The company’s award-winning no-code GO platform delivers seamless, end-to-end, and multi-channel onboarding journeys while offering customizable workflows. In addition, it gives these players access to an aggregated marketplace of 240+ bespoke APIs, easily added to any workflow with simple widgets.

Signzy is enabling ten million+ end customer and business onboarding every month at a success rate of 99% while reducing the speed to market from 6 months to 3-4 weeks. It works with over 240+ FIs globally, including the 4 largest banks in India, a Top 3 acquiring Bank in the US, and has a robust global partnership with Mastercard and Microsoft. The company’s product team is based out of Bengaluru and has a strong presence in Mumbai, New York, and Dubai.

Visit www.signzy.com for more information about us.
Contact us directly!

DSC Token Signing and Aadhaar eSign

Difference between DSC Token Signing and Aadhaar eSign

Two prominent methods for digital authentication in India are Digital Signature Certificate (DSC) Token Signing and Aadhaar eSign. According to data from the Controller of Certifying Authorities (CCA) in India, the issuance of Digital Signature Certificates (DSCs) has been steadily increasing over the years. In the fiscal year 2020-21, over 24 million DSCs were issued, reflecting the growing demand. Aadhaar eSign on the other hand, has experienced remarkable growth since its inception. More than 125 million Aadhaar eSign transactions were reported in the year 2020-21, according to the Unique Identification Authority of India (UIDAI). This statistic highlights the widespread use of Aadhaar-based authentication for various purposes. 

While both serve the common goal of validating electronic documents and transactions, they differ significantly in their technical underpinnings, functionalities, use cases, and regulatory frameworks. In this article, we will delve into the nuances of DSC Token Signing and Aadhaar eSign, highlighting their unique features and how they cater to diverse digital authentication needs.

Technical and Functional Differences

DSC Token Signing

DSC Token Signing relies on a Digital Signature Certificate issued by a Certifying Authority (CA) in compliance with the Indian Information Technology Act, 2000. This method uses a cryptographic key pair – a private key held by the signatory and a public key stored in the DSC. When the signatory wishes to sign a document digitally, they use their private key to create a unique digital signature. The recipient can verify the signature’s authenticity using the corresponding public key.

Aadhaar eSign

Aadhaar eSign, on the other hand, leverages the Aadhaar ecosystem, India’s unique identity system, for digital authentication. This method allows individuals to electronically sign documents using their Aadhaar number and biometric authentication (fingerprint or iris scan). The process involves sending a One-Time Password (OTP) to the registered mobile number linked to the Aadhaar, which is then used to sign the document.

Top Unique Features

DSC Token Signing:

High Level of Security: DSC Token Signing offers a robust security framework, making it ideal for critical and sensitive transactions. The private key used for signing is securely stored in a hardware token or smart card, adding an extra layer of protection.

Legal Validity: Documents signed using DSC Token Signing are legally recognized in India, ensuring their enforceability in courts of law. This feature is crucial in the context of legal contracts and financial transactions.

Aadhaar eSign:

Ease of Use: Aadhaar eSign is incredibly user-friendly, requiring only a mobile number and biometric authentication. This simplicity promotes its adoption among a diverse population, including those with limited technical expertise.

Widespread Accessibility: With over a billion Aadhaar numbers issued, Aadhaar eSign has the potential to reach a massive user base, making it suitable for applications that require broad public participation.

Use Cases

DSC Token Signing:

Banking and Financial Transactions: Many banks and financial institutions employ DSC Token Signing for secure online transactions, loan approvals, and investment-related processes.

SBI, one of India’s largest banks, has implemented DSC Token Signing for various purposes, including secure online transactions and document verification. By incorporating DSC Token Signing into their digital banking platform, SBI has been able to provide customers with a high level of security and confidence in their online banking transactions. This implementation has contributed to a significant reduction in fraud and unauthorized access to customer accounts.

Aadhaar eSign:

eKYC and Onboarding: Telecom companies, banks, and fintech firms utilize Aadhaar eSign for customer onboarding and eKYC processes, streamlining customer registration and identity verification.

HDFC Bank, one of India’s largest private sector banks, has integrated Aadhaar eSign into its customer onboarding and account activation processes. This implementation allows HDFC Bank to onboard customers swiftly by verifying their identities using Aadhaar-based eKYC. Customers can digitally sign account opening forms, making the process faster and more convenient.


In the fast-evolving landscape of digital authentication in India, the implementation of DSC Token Signing and Aadhaar eSign by banks and financial institutions has made significant strides in enhancing security, efficiency, and accessibility in financial transactions. These methods cater to diverse needs, from secure document signing to streamlined customer onboarding.

As technology continues to advance, organizations must stay abreast of the latest authentication solutions to meet the ever-growing demands of their customers. One such solution worth exploring is Signzy’s Aadhaar E-Sign API.

Signzy’s Aadhaar E-Sign offers a robust and user-friendly platform for implementing Aadhaar-based electronic signatures. With Signzy’s technology, banks and financial institutions can simplify customer onboarding, streamline document verification, and ensure compliance with regulatory requirements. This API empowers organizations to exploit the full potential of Aadhaar eSign for a seamless and secure digital experience.

About Signzy

Signzy is a market-leading platform redefining the speed, accuracy, and experience of how financial institutions are onboarding customers and businesses – using the digital medium. The company’s award-winning no-code GO platform delivers seamless, end-to-end, and multi-channel onboarding journeys while offering customizable workflows. In addition, it gives these players access to an aggregated marketplace of 240+ bespoke APIs, easily added to any workflow with simple widgets.

Signzy is enabling ten million+ end customer and business onboarding every month at a success rate of 99% while reducing the speed to market from 6 months to 3-4 weeks. It works with over 240+ FIs globally, including the 4 largest banks in India, a Top 3 acquiring Bank in the US, and has a robust global partnership with Mastercard and Microsoft. The company’s product team is based out of Bengaluru and has a strong presence in Mumbai, New York, and Dubai.

Visit www.signzy.com for more information about us.
Contact us directly!

E-Stamp Certificates

How To Verify E-Stamp Certificates Online

In an increasingly digital world, the verification of documents and certificates has transitioned from traditional methods to online platforms. One such document that has undergone this transformation is the e-Stamp certificate. E-Stamp certificates are digital documents issued by authorized authorities to represent the payment of stamp duty. These certificates contain electronically signed information, including the unique identification number (UIN), date of issuance, stamp duty value, document type, and other relevant details. Verifying the authenticity of these certificates ensures that the stamp duty has been paid correctly and the document is legally valid.

In this article, we will provide a step-by-step guide to verifying e-Stamp certificates online, and offer practical insights and tips for individuals and businesses to navigate this process efficiently. Let’s get started.

A step-by-step guide to verifying e-Stamp certificates online

Step 1: Identify the State

The first step involves identifying the state where the e-Stamp certificate was issued. Different states in India have different e-stamping websites and verification procedures. Some common e-Stamping websites include:

Step 2: Locate the Verification Section

Once you are on the e-Stamp certificate verification portal, locate the section or tab dedicated to e-Stamp certificate verification. It is usually prominently displayed on the homepage or listed in the main menu for easy access.

Step 3: Enter the Certificate Details

The specific details required for verification may vary slightly between different states. However, some common information you will need to enter includes:

  • State: Select the state where the e-Stamp certificate was issued.
  • Certificate Number (UIN): This is the unique identification number printed on the e-Stamp certificate.
  • Stamp Duty Type: Select the type of document for which the e-Stamp was used.
  • Certificate Issue Date: Enter the date on which the e-Stamp certificate was issued.
  • Verification Code: Some websites may require you to enter a verification code displayed on the screen.

Make sure you enter these details accurately to avoid any discrepancies during the verification process.

Step 4: Submit the Request

After entering the required certificate details, click on the “Submit” or “Verify” button, depending on the terminology used on the portal. This action will initiate the verification process.

Step 5: Review the Verification Result

The website will display the verification results, indicating whether the e-Stamp certificate is valid or not.  The results typically include information like the UIN, stamp duty value, document type, and the issuing authority. 

Tips and Insights for Efficient E-Stamp Certificate Verification:

  • Make sure you enter the certificate details accurately. Even minor errors in the certificate number or other information can lead to verification issues.
  • Download the e-Stamping mobile app. Many e-stamping authorities offer mobile apps that facilitate convenient certificate verification on the go.
  • It’s advisable to keep a record of the verified e-Stamp certificates for future reference. This can be especially useful for businesses and individuals who frequently deal with e-stamping.
  • Don’t delay the verification process. It’s essential to verify e-Stamp certificates promptly to ensure their authenticity before proceeding with any legal or financial transactions.
  • If you encounter any issues during the verification process or if a certificate is not verified, don’t hesitate to reach out to the customer support provided on the portal or the relevant government authority for assistance.

Verifying e-Stamp certificates online is a crucial step to ensure their authenticity and prevent fraud. By following the step-by-step guide provided in this article and adhering to the practical insights and tips, individuals and businesses can navigate the e-Stamp certificate verification process efficiently. As the use of e-stamping continues to grow, understanding and practicing these verification procedures becomes increasingly important for ensuring secure and transparent transactions.

One such reliable solution is Signy’s E-Stamping. This API plays a crucial role in simplifying and enhancing the e-stamping process. Signy’s E-Stamping API offers an innovative and user-friendly platform for e-Stamping, making it easier than ever to ensure the authenticity of your certificates. By incorporating Signy’s advanced technology into your e-stamping workflow, you can streamline the verification process, reduce the risk of errors, and promote secure transactions.

About Signzy

Signzy is a market-leading platform redefining the speed, accuracy, and experience of how financial institutions are onboarding customers and businesses – using the digital medium. The company’s award-winning no-code GO platform delivers seamless, end-to-end, and multi-channel onboarding journeys while offering customizable workflows. In addition, it gives these players access to an aggregated marketplace of 240+ bespoke APIs, easily added to any workflow with simple widgets.

Signzy is enabling ten million+ end customer and business onboarding every month at a success rate of 99% while reducing the speed to market from 6 months to 3-4 weeks. It works with over 240+ FIs globally, including the 4 largest banks in India, a Top 3 acquiring Bank in the US, and has a robust global partnership with Mastercard and Microsoft. The company’s product team is based out of Bengaluru and has a strong presence in Mumbai, New York, and Dubai.

Visit www.signzy.com for more information about us.
Contact us directly!


Know everything about Affidavits & e-Stamping

Affidavits are ubiquitous in legal, financial, and administrative matters. But what exactly are they, and how can you efficiently get them e-stamped? This blog aims to provide a detailed guide on affidavits and the simplified process of e-stamping them through platforms like Signzy’s state-of-the-art eStamping API.

What Are Affidavits?

An affidavit is a written sworn statement of fact that is voluntarily made by an affiant or deponent under an oath or affirmation administered by a person authorized to do so by law. They are used to present factual information and are often utilized in legal proceedings as evidence.

The Traditional Stamping Process

In earlier times, stamping an affidavit involved going to a stamp vendor or a government office, paying the required stamp duty in exchange for a physical stamp on the document. This traditional method is time-consuming and can be cumbersome, given the need for physical presence and dealing with paperwork.

Types of Traditional Stamping Methods

Judicial Stamping

Judicial stamping is generally used for legal proceedings and court matters. These stamps are usually affixed to affidavits, court fees, and other documents that are presented in court.

Non-Judicial Stamping

Non-judicial stamps are used for transactions involving the transfer of property, business agreements, and other civil activities. Stamp papers of various denominations can be purchased from licensed vendors.


Franking involves marking a document with a special ink that signifies the payment of stamp duty. Usually, this process requires visiting an authorized bank or a franking agency.

The Process

  1. Identification of Document Type: Identify the type of document that requires stamping, which dictates the amount of stamp duty.
  2. Purchase of Stamp Papers or Franking: Depending on the type and nature of the document, one may need to buy stamp papers or go to a bank for franking.
  3. Document Preparation: Once the stamp duty is paid, the document is written on the stamp paper, or the franking mark is affixed to it.
  4. Verification: For some documents like property transfers, an additional step of verification might be required, which usually involves visits to a notary or another relevant government official.
  5. Record-Keeping: Traditionally, physical copies of stamped documents are stored for future reference, often leading to challenges related to storage and retrieval.

Challenges of Traditional Stamping

  • Time-Consuming: The need to physically purchase stamps or get a document franked is often time-consuming.
  • Storage Issues: Managing and storing paper-based stamped documents can be cumbersome and risky.
  • Fraud Risks: Physical stamps can be susceptible to counterfeiting and fraud.
  • Lack of Transparency: Manual methods often lack a centralized tracking system, leading to transparency issues.

Traditional Stamp Duty Payment for Affidavits

The conventional way of paying stamp duty for affidavits involves a manual process that often includes visiting a government office or authorized stamp vendors. It entails purchasing physical stamps or getting the document franked, both of which demand time and often involve long queues and cumbersome paperwork.

The Steps Involved

  1. Determining Stamp Duty: The first step usually involves understanding how much stamp duty needs to be paid for the particular affidavit. This amount can vary depending on the type of affidavit and the jurisdiction in which it is being submitted.
  2. Purchasing Stamps: After determining the stamp duty, you must visit an authorized stamp vendor or government office to purchase the required stamp papers or revenue stamps. This often involves standing in long queues and filling out forms.
  3. Document Drafting: Once the stamps are purchased, the affidavit is drafted on the stamp paper itself or is affixed with revenue stamps. The document is then notarized to give it legal standing.
  4. Submission and Storage: The stamped and notarized affidavit must be submitted where required. Additionally, you may need to keep a copy for your records, which adds to the paperwork you must manage and store.

Challenges of Traditional Methods

  • Inefficiency: The traditional method is highly manual, requiring multiple in-person visits, which can be time-consuming and inefficient.
  • Risk of Errors: Handwritten or typed documents are more susceptible to errors, which could render them invalid, requiring the entire process to be redone.
  • Lack of Security: Physical documents and stamps are subject to wear and tear, loss, or even forgery.
  • Administrative Burden: Managing physical documents becomes increasingly difficult as they accumulate, posing a challenge in storage, retrieval, and verification in the future.

The Need for Modernization

As our world increasingly moves towards digitization, it’s becoming clear that the traditional stamp duty payment method for affidavits is out of step with the needs of a fast-paced, digital society. There is a growing demand for more streamlined, secure, and efficient ways to handle this crucial aspect of legal and administrative work.

How Does E-Stamping Work?

E-stamping is an online process that replaces the traditional method of physical stamping. It’s secure, quick, and can be done from the comfort of your home or office. Platforms like Signzy provide APIs that facilitate the e-stamping process, eliminating the need to visit any government office or stamp vendor.

Advantages of E-Stamping Over Traditional Methods

  • Convenience: One of the biggest advantages is the convenience it offers. You can e-stamp a document anytime and anywhere.
  • Security: E-stamping is generally more secure than traditional stamping methods. The data is encrypted, and the process is fully compliant with existing laws.
  • Efficiency: The process is much quicker than traditional methods, saving both time and resources.

How Signzy’s E-Stamping API Simplifies the Process

Signzy’s eStamping API aims to revolutionize the traditional stamping process. It provides a secure, quick, and convenient way to affix digital revenue stamps on your affidavits, effectively eliminating geographical and time limitations. The API allows for a more streamlined, paperless, and secure method of validating your legal documents. With Signzy, you can focus more on what matters and worry less about the administrative hassles.


Affidavits play a critical role in various legal and administrative procedures. The introduction of e-stamping has significantly simplified the process of validating these crucial documents. With platforms like Signzy’s eStamping API, you can now enjoy a more secure, efficient, and convenient way of handling affidavits. Say goodbye to long queues and hello to the future of document validation.

To get started with e-stamping your affidavits, visit Signzy’s eStamping Platform. Don’t miss out on the future of easy, secure, and efficient affidavit handling. Try Signzy’s eStamping API today! Contact us now!


Franking Documents: A Comprehensive Guide

Franking documents has long been a cornerstone in the realm of legal and financial transactions, serving as a time-honored method of validating important papers. In this comprehensive blog post, we will explore the intricacies of franking, its various applications, and how it stands in comparison to e-stamping. Additionally, we will discuss its drawbacks and how Signzy’s eStamping API is modernizing the traditional franking process.

What is Franking?

Franking is a process of affixing a revenue stamp or seal to a document to indicate the payment of stamp duty. The practice has been around for many years and is often used in property transactions, lease agreements, and other high-value contracts.


When to Frank Documents?

Franking is generally necessary when creating legal documents that involve significant financial transactions. Before a document can be legally enforceable or admissible in court, it must be properly franked.

What are Franking Charges?

Franking charges are fees paid in addition to the stamp duty when using a franking machine to affix a stamp on a legal or financial document. These charges are essentially a kind of service fee for the franking service provided by authorized banks or franking agencies. The cost of franking charges can vary based on jurisdiction, the nature of the transaction, and sometimes even the total value of the stamp duty itself.

Franking charges are generally nominal but can add up for organizations that rely heavily on franked documents for their business transactions. It’s always advisable to inquire about the specific franking charges applicable to your transaction beforehand. These charges are usually separate from the stamp duty and are paid to the entity providing the franking service, not to the government.

It can vary between different states in India due to varying regulations and guidelines set by state governments. Here are hypothetical examples for four states, Maharashtra, Karnataka, Delhi & Tamil Nadu, to give you an idea of how franking charges might differ.


In Maharashtra, franking charges could be set at 0.1% of the transaction value for property transactions. So if you are buying a property worth ₹1 crore, you may have to pay franking charges of ₹10,000 in addition to the stamp duty. Note that there may be a cap on maximum franking charges, depending on the guidelines set by the state.


In Karnataka, franking charges for the same kind of transaction could be at a fixed fee, say ₹500, regardless of the property value. This would make it more cost-effective for higher-value transactions compared to a percentage-based system.

These examples are hypothetical and not based on actual current rates. Always consult with your legal advisor and check the latest rates and regulations for the most accurate information.

By comparing the two, you can see that the method of calculating franking charges can be quite different, affecting the total cost of the transaction. Always make sure to check the latest regulations in your specific state to know what you will be required to pay.


In Delhi, the charges could be a flat fee of ₹100 for certain kinds of agreements, irrespective of the transaction value. This flat fee structure is easier to navigate and can be cost-effective for large transactions.

Tamil Nadu:

In Tamil Nadu, the charges might be calculated as a percentage of the transaction value, let’s say 0.2%. If you were entering into an agreement with a transaction value of ₹50 lakhs, the franking charges would be ₹10,000.

These are simplified examples intended to illustrate the differences in how franking charges can be calculated. Always consult with a legal advisor and check the latest rates and regulations for the most accurate and up-to-date information.

By comparing the above hypothetical examples, you can see that the method of calculating franking charges can be quite different, affecting the total cost of the transaction.

The Impact of Franking Charges on Overall Transaction Expenses

These charges are an essential part of various transactions like property purchase, business agreements, and legal contracts. Though usually a minor portion of the overall transaction value, they can still impact the total cost in several ways:

  1. Direct Cost: The charges add to the overall cost of the transaction. Depending on the state’s regulations, these charges can either be a flat fee or a percentage of the transaction value.
  2. Convenience Factor: It can simplify the payment of stamp duty, but you might need to physically visit a bank or authorized center for franking, incurring additional time and travel costs.
  3. Compliance Costs: Failure to pay appropriate charges can result in penalties, adding further costs and complications to the transaction.
  4. Variable Rates: If the charges are based on a percentage, fluctuations in transaction value will directly affect the overall cost.
  5. Speed of Transaction: Depending on the jurisdiction, franking can be quicker than other methods like stamp papers, potentially speeding up transaction completion and reducing carrying costs.
  6. Double Costs: In interstate transactions, both parties need to be aware of franking charges in both states. Inconsistencies in rates can cause one party to incur higher costs than anticipated.
  7. Legal Certainty: Properly franked documents have strong legal validity, which can save money in the long run by providing clearer proof of the transaction, thus reducing the potential for legal disputes.

Franking vs Stamp Duty: Understanding the Distinctions

Stamp Duty and Franking Charges, while related, are distinct concepts in the realm of legal documentation. Stamp Duty is a tax levied by the government on various legal transactions to make them legally binding. It represents a percentage of the transaction value and can be paid through various modes such as adhesive stamps, e-stamps, or franking. On the other hand, FC refer to the fees paid to authorized banks or agents for stamping a document, indicating the payment of the requisite stamp duty. Essentially, while stamp duty is the actual tax, franking is one of the methods to pay and evidence that tax on the document.

A few other differences between the two are:

  1. Scope:
    • Franking: Limited to being a procedure for confirming payment.
    • Stamp Duty: A broader term that includes various rates and rules depending on the type of transaction.
  2. Beneficiary:
    • Franking: Benefits both parties in a transaction by providing proof of tax paid.
    • Stamp Duty: Benefits the government as a source of revenue.
  3. Legal Requirement:
    • Franking: One of several ways to meet the legal obligation of paying stamp duty.
    • Stamp Duty: A mandatory tax required by law for certain documents.
  4. Duration & Timing:
    • Franking: Has to be done before executing the document.
    • Stamp Duty: The obligation to pay exists as long as the relevant document needs to be legalized.
  5. Evidence:
    • Franking: Acts as evidence that stamp duty has been paid.
    • Stamp Duty: Is a financial obligation, the proof of payment for which could be a franked stamp, an e-stamp, or a physical stamp paper.
  6. Flexibility & Utility:
    • Franking: Once done, it’s difficult to change the franking amount & Specific to the document it is applied to
    • Stamp Duty: Depending on jurisdiction and transaction type, the amount could be subject to change or negotiation. Applicable to a variety of transactions, including property transfers, leases, and many others.

Difference Between Franking and E-Stamping

E-stamping and franking both serve the purpose of paying stamp duty, but they differ in terms of convenience, efficiency, and security. Here are some reasons why e-stamping may be considered better than franking:

  1. Ease of Access: E-stamping can be done online, eliminating the need to visit a bank or any other authorized franking agent. This makes it more accessible and convenient.
  2. Time-Saving: The e-stamping process is usually quicker. Once payment is made, the e-stamp certificate can be generated almost immediately, while franking may require you to wait or come back to collect the document.
  3. Accuracy: E-stamps come with a unique identification number, making it easier to verify their authenticity. The chances of error or fraud are comparatively less than in franking.
  4. Flexibility: E-stamping allows you to accurately input the exact amount of stamp duty, whereas with franking, you are often limited to denominations available, which might lead to payment of a slightly higher amount.
  5. Storage and Retrieval: Digital records of e-stamps are easier to store, retrieve, and reproduce if the original document is lost or damaged. With franked documents, the loss of the original is a more significant issue.
  6. Cost-Effectiveness: Although both methods entail similar costs in terms of the actual stamp duty, e-stamping can be more cost-effective when you factor in the convenience and time saved.
  7. Security: E-stamping databases are securely maintained by government-appointed agencies, providing an additional layer of security.
  8. Nationwide Validity: E-stamps have nationwide validity, making them universally acceptable, while franking might not be recognized everywhere, and policies can vary from state to state.

Signzy’s eStamping API Solution

Signzy’s cutting-edge eStamping API brings about a transformative shift in the way stamp duties are paid and documents are validated. By offering an integrated solution that can be seamlessly embedded into your existing platforms, we streamline the entire stamping process, making it more efficient, transparent, and accountable.

Key Features:

  1. Real-Time Verification: Our API offers immediate validation of e-stamps, providing both parties with instant confirmation of a transaction’s authenticity. This is a quantum leap over traditional franking, which may require manual checks and extended verification periods.
  2. Multi-State Compliance: Signzy’s eStamping API is programmed to adhere to the varying stamp duty laws and regulations across different Indian states. This ensures that your transactions are compliant no matter where they are initiated.
  3. Secure Transactions: Enhanced with state-of-the-art security features, the eStamping API ensures that all transactions are encrypted and securely stored, thereby mitigating the risk of fraud or data breaches.
  4. Scalability: Whether you’re a small enterprise or a large corporation, our API scales to meet your needs, allowing for high-volume transactions without compromising on speed or security.
  5. API Integration: The API can be easily integrated into existing enterprise systems, CRM software, or any other platforms where transactions requiring stamp duties are performed, thereby offering a unified, streamlined experience.
  6. Cost-Effectiveness: By cutting down on manual labor, printing costs, and time spent on traditional franking, Signzy’s eStamping API offers a cost-effective alternative that enhances operational efficiency.

Interested in simplifying your documenting process? Contact us today to learn how Signzy’s eStamping API can benefit your organization. 

To know more about Signzy’s eStamping API solution, click here

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