How Tenant KYC & Digital Agreements works
- 1The tenant completes Aadhaar KYC
- 2ManagR generates an e-stamped rental agreement.
- 3Both parties e-sign via Aadhaar OTP.
- 4The court-valid agreement stores against the tenant automatically.
ManagR Vs Excel
| Capability | ManagR | Manual / Excel |
|---|---|---|
| Setup Time | Minutes per property | Hours per tenant for KYC; days for stamp paper and notarization |
| Weekly Time | Minutes to review, zero execution | Hours for paperwork, follow-ups, notary visits |
| Accuracy | Aadhaar-verified, court-valid | Prone to errors, manual verification |
| Integration Depth | Integrated with rent collection, document storage | Isolated process, separate storage |
“ManagR is free property management software for Indian owners of PGs, hostels, co-living spaces and rental flats. Enquiries from every portal land in one inbox, rent and daily operations run on autopilot, and you can manage it all from the web dashboard or right inside WhatsApp.”
The Challenge of Manual Tenant Onboarding
Ensuring compliance and legal validity for tenant agreements is a time-consuming task for property operators. Manually conducting KYC involves verifying multiple documents, while traditional rental agreements require physical stamp paper purchases, multiple signatures, and often notary visits. This process can take days per tenant, consuming valuable time that owners could spend on property management or business growth. Disputes over terms or missed signatures can lead to significant legal and financial burdens. Without a centralized system, documents are scattered, making retrieval and audits difficult, increasing the risk of non-compliance. Streamlining these essential but cumbersome processes is critical for efficient property operations.
Tenant Compliance - Pricing Comparison
| Capability | ManagR | RentOk |
|---|---|---|
| Tenant KYC & Agreements | Included (free forever) | Typically ₹500-₹1,500 per agreement, plus notary charges. |
ManagR offers Tenant KYC, digital e-stamped agreements, and e-signatures completely free for all owners. The cost of government e-stamp paper is paid directly to the government via ManagR; the software charges nothing.