E-stamping was launched by the state government in 2008. The aim is to prevent paper and process related fraudulent practices, leakage of government revenues, store information in electronic form and build a central data bank to facilitate easy verification.
HOW IT WORKS
- E-stamp certificate has three security features – 2-dimensional barcode, watermark and micro-digiting
- Once certificate is issued, security systems are such that document cannot be copied
- Rent Agreement stamp paper This hundred rupees stamp paper can be used for execution a rental agreement
- 2-D barcode captures all data and anyone trying to fudge original certificate will only get copies of it which shows on the certificate that is ‘a copy’.
- Vendors who have tied up with Stock Holding Corporation of India can transact e-stamp certificates.