BENEFITS OF DIGILOCKER
DigiLocker
allows you 24x7 access to the documents uploaded to your account. You can access them at any point. This saves you time you'd spend collecting pieces of paper and photocopying them.
At the government’s end, paperless collection and disbursal of documents minimises use of paper, clears administrative clutter, and speeds up manual processes. For example, if you're a CBSE X or XII student between 2014 and 2017, you can get marksheets and migration certificates issued directly to your DigiLocker.
Next, it is easy to verify the authenticity of these documents. For example, your Class X and XII certificate being issued into your DigiLocker is issued directly by the CBSE. So when you share this document during an account opening, it needs no further verification. This further reduces processing time.
Lastly, a DigiLocker account also prepares you for an up- and- coming trend in finance, which is e- signature. The use of esign is on the rise, and it will be one of the key drivers to access to instant, paperless finance in the near future. As of today, you still need to put your ‘ wet’ ( ink) signatures on application forms for account openings. However, the e- sign has been accorded legal status and is expected to be used on a larger scale. With Aadhaar- based e- sign now a possibility, the cost of electronically signing documents has come down. As per reports, the cost of one e- sign was earlier ` 20, but has now come down to ` 1. DigiLockers get an e- sign facility for free, and self- attest them electronically while sharing them.
A greater push is required from the ministry of electronics and information technology for addition of more issuers on the DigiLocker platform, enabling users to share documents like income tax returns, TDS records, indirect tax challans, and banking transactions.
More issuers getting on the platform will create a trusted paperless ecosystem enabling individuals and businesses to share their documents paperlessly for availing financial or governmental services. For now, you can be prepared for this paperless future by registering your DigiLocker account today.