Peer to peer lendingwebsite Faircent.com has announced the launch of e-Signfacility, in partnership with eMudhra on Monday.

e-Sign is part of the India stack conceptualized by the current government under the Digital India initiative. This initiative is supposed to simplify the lending process for customers, which is the key for success for P2P lenders. e-Sign would allow a seamless and paper-less process of signing a legally-binding loan agreement between the borrowers and lenders online . It will also help Faircent in enhancing its operational efficiency by reducing human intervention, resulting in lesser turnaround time thereby faster loan disbursal

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http://timesofindia.indiatimes.com/tech/tech-news/Faircent-simplifies-peer-to-peer-lending-launches-eMudhra-backed-eSign-facility/articleshow/52400310.cms