Digital Document Execution - Personal Banking

Digital Document Execution (DDE): Digital Documents Execution (DDE) is a fully automated digital contracting process that replaces physical stamp paper, physical agreement and physical signature with a paperless e-Stamp and electronic signature on digital documents.

Benefits of Digital Document Execution (DDE):

For customers:

• No branch visit required for DDE 
• End to end digital process
• Simple process with convenience with step-by-step Guided e-mail and SMS Communication System
• Facilitates the early dispersal of loans

For Bankers:

• End to end digital process to reduce workload
• Reduced TAT with auto populated data
• Easy online access and retrieval of executed documents
• Enhances ease of doing business, with paperless execution and storage of financial contracts

States/UTs where DDE Functionality is presently available for SMEBU Products:

Currently, DDE functionality for SMEBU Loans is available in following 12 States.

• Andhra Pradesh
• Assam
• Chhattisgarh
• Himachal Pradesh
• Kerala
• Maharashtra
• Meghalaya
• Odisha
• Rajasthan
• Tripura
• Uttar Pradesh
• Uttarakhand

Products for which DDE Functionality is presently enabled: Presently it is available for pre-approved business loans (PABL). It will be available soon for Digital MSME Loans also.