What is Pauti (Receipt)? (पावती)
A Pauti is a formal receipt or acknowledgement slip given to a customer when they pledge jewelry for a loan or make a repayment.
Detailed Explanation
The Pauti serves as the borrower's proof of the transaction. It details the date, the loan amount, the interest rate, and a description of the pledged item. When the customer returns to repay the loan and reclaim their jewelry, they must present the original Pauti.
Why is Pauti (Receipt) Important?
A clear, detailed Pauti prevents fraud and customer disputes. Hand-written Pautis can be altered or forged, leading to conflicts.
How SthirApp Handles Pauti (Receipt)
SthirApp eliminates the need for paper Pautis by sending professional, digital receipts directly to the customer's WhatsApp, creating an indisputable digital trail.
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