In this day and age of technology, physical signatures are increasingly being converted to digital media for security reasons. Digital Signature Certificate (DSC) is simply the electronic equivalent of physical or paper certificates such as identity proofs, drivers licenses, passports or PAN cards. Buydigitalsignatureonline.com
These certificates can prove to be helpful for many online transactions that require digital proof of identities and to receive and send information on the web safely.
Now, most companies (especially organisations/departments, PSUs, and even private companies) floating tenders mandate submission of response online through DSC. Tenders might require class 2 and class 3 DSC for e-Tendering. (You can determine the exact type of DSC required the Department of floating the company concerned e-tender.
Organizations and firms, today require digital signature certificate to better facilitate communication and transactions between them and the Ministry of Corporate Affairs. For companies that have a turnover of more than INR 60 Lakhs have to apply for these certifications mandatorily, and it is considered a legally admissible instrument. Besides, it is always wise to get a digital signature as it offers a high level of security for online transactions by ensuring absolute privacy of the information exchanged.
These certificates can also be useful for encrypting information that only the intended recipient can have access to. You can digitally sign information to assure the recipient that it has not been changed in transit, and also verify your identity as the sender of the message.
There are two main types of DSC Class 2 Certificates and Class 3 Certificates.
A Class 2 Digital Signature Certificate is used by individuals and is available for download after verification based on a trusted and pre-verified database. A Class 3 Digital Signature Certificate, on the other hand, is of the highest level as it is issued only after the registrant’s identity verification has been carried out by a Registration Authority.
Class 2 DSC are generally used for filing documents Income Tax, Registrar of Companies and VAT, whereas Class 3 DSC are needed for e-tendering, Buydigitalsignatureonline.com which is a procurement process that is conducted online. The aspects where this comes into play include:
Class 3 Digital Signature provides the highest level of assurance or trust within the RCAI hierarchy setup of CCA (Controller of Certifying Authorities) in India. which is mainly used for e tendering and e-procurement. Class 3 Digital Signature are issued to Individuals or Organizations. They are especially used to authenticate the identity of the vendors as well as buyers in any e-Tendering, e-Procurement and e-Bidding process.
