Digital Escrow Services

Escrow is a service that facilitates the transfer of funds by one party (e.g. buyers, tenants etc) to an Escrow account which is finally transferred to other party (e.g. Sellers, landlords etc) upon the completion of certain conditions agreed by all the parties. In the context of real estate, this service can be used during sale and rent transactions.

An Escrow account is just like savings account which is managed by a third party where the fund is deposited by one party (e.g., Buyer, Landlord etc) and is held until certain conditions are met.

Escrows helps in routing funds from one party to other party in a safe and secure mode way. Escrow safeguards the rights of all the parties including buyer, seller and broker as the funds are held in a neutral bank account and routed based on pre-defined conditions.

A Digital Escrow helps customer setup escrow service and account completely online. This involves doing E-KYC of the parties online along with digital stamping of Escrow agreement which is further E-signed. An Escrow account is created after which funds transfer can be managed easily through the panel.

Escrow creation process is very easy with us. With a user-friendly flow, you can create an Escrow Agreement within minutes.

Escrow agreement can be cancelled at any time through mutual understanding and after approval of all the parties.

Funds deposited in the Escrow account can be released when any of the party initiate the settlement at any point of time and approved by all the parties.

Absolutely, the funds that are deposited into the Escrow account is completely secured. Any flow of funds in or out of Escrow Account must be agreed upon and approved by all the parties beforehand. With a SEBI regd. Trustee making sure all the transactions are completely authorized, you can be 100% sure that your money is secured.

The SEBI regd. Trustee acts as a non-biased third party protecting interests of all parties involved in the transaction. It holds money and documents and works to ensure that all terms are duly followed before allowing the deal to proceed. It thus acts as a fiduciary to both buyer and seller, ensuring your transaction is completely secure.