Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

Castler Digital Identifier for Landlord

The Secure Way to Manage Funds for Tenants

100% Secure | Lowest Price Guaranteed

India’s largest Digital Identifier Platform

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Workflow of Funds in Castler Digital Identifier

01

Tenant pays security deposit to Castler's escrow account

02

Landlord provides tenant with access to rental property

03

Tenant occupies the property and pays rent to Castler's escrow account

04

Castler disburses rent to landlord on a scheduled basis

05

Upon the end of tenancy, landlord inspects the property and deducts any necessary expenses

06

Castler disburses the security deposit, minus any deductions, to the tenant

100% Secure | Lowest Price Guaranteed

Castler Solution

Castler's advanced technology ensures payment security and transparency for the both the parties as Tenant deposits funds into a secure Castler Digital Identifier account

Digital Identifier account ensures secure and transparent management of rental funds

Automated rent collection and disbursement

Customizable rent and security deposit terms to fit your needs

Dedicated support team available 24/7

100% Secure | Lowest Price Guaranteed

Secure Your Transactions With Castler Digital Identifier

100% Secure | Lowest Price Guaranteed

Benefits for both parties

100% Secure | Lowest Price Guaranteed

FAQ's

How can I get help with escrow for my rental property?

If you have any questions about escrow for your rental property, you can contact our escrow expert..

What happens if I need to cancel my escrow account?

If you need to cancel your escrow account, you will need to contact the escrow company. Our escrow expert will provide you with instructions on how to cancel your account.

How do I withdraw funds from escrow?

To withdraw funds from escrow, you will need to contact the escrow company. Our Escrow Expert will provide you with instructions on how to withdraw funds.

How do I make a deposit into an escrow?

To make a deposit into an escrow, you will need to contact the escrow company. The escrow company will provide you with instructions on how to make a deposit.

How do I set up escrow for my rental property?

To set up escrow for your rental property, you will need to contact our Escrow expert. Out Escrow experts will walk you through the process of setting up an account and will provide you with information about the fees involved.

What are the costs of using escrow for landlords?

The costs of using escrow for landlords vary depending on the escrow company.

What are the risks of using escrow for landlords?

There are a few risks associated with using escrow for landlords, including:

Cost: Escrow can be costly for landlords. There are typically fees associated with setting up and maintaining an escrow account.
Delays: There can be delays in getting rent payments or security deposits back when they are held in escrow.
Mistakes: Mistakes can happen when handling escrow accounts. This could lead to problems for both landlords and tenants.

What are the benefits of using escrow for landlords?

There are several benefits to using escrow for landlords, including:

Protection from damage: When a security deposit is held in escrow, the landlord is protected from damage to the property. If the tenant damages the property, the landlord can use the security deposit to cover the cost of repairs.
Peace of mind: Escrow can give landlords peace of mind knowing that their rent payments are secure. When rent payments are made through escrow, the landlord does not have to worry about the tenant not paying rent.
Convenience: Escrow can be convenient for both landlords and tenants. Tenants do not have to worry about carrying cash or writing checks, and landlords do not have to worry about depositing rent payments.

How does escrow work for landlords?

When a tenant signs a lease agreement, they are typically required to pay a security deposit. This deposit is held in escrow by the landlord until the tenant moves out. If the tenant damages the property, the landlord can use the security deposit to cover the cost of repairs. If the tenant does not damage the property, the landlord must return the security deposit to the tenant within a certain period of time.

In addition to security deposits, landlords may also collect rent payments through escrow. This is especially common for properties that are managed by a property management company. When rent payments are made through escrow, the property management company holds the funds in escrow until the end of the month. Then, the property management company sends the rent payments to the landlord.

What is escrow?

Escrow is a process in which a third party holds funds on behalf of two other parties, until the terms of an agreement have been met. In the context of rental properties, escrow is often used to hold security deposits and rent payments.

100% Secure | Lowest Price Guaranteed

Testimonials

I am thrilled to write a testimonial for Castler, a company that has truly transformed the way we handle digital payments and escrow agreements. Thanks to Castler, making digital payments has become incredibly easy and convenient for us. Their platform is intuitive, user-friendly, and secure, making it an ideal choice for anyone looking for a hassle-free payment experience. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

 

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Prashanth

Finance manager

And I also liked the features like, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective.

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Dipen Patel

CTO

Castler’s team of skilled professionals quickly understands the latest digital strategies, enabling us with tailored solutions to our unique needs. Their team was always available to answer any questions or concerns. And I also liked the features like, Unified Dashboard, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective.

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Pradeep

CEO & Co-Founder

The process of disbursal through Castler is quick, easy and reliable. The best thing about them is the their team, which is readily available to assist you and give solution to your queries or even helping with last minute disbursal requests. And I also liked the features like, (Unified Dashboard, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Rahul Singh

Finance Lead

Quick response time. And I also liked the features like, Multi-Bank Option, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Sanu Kumar

Program Manager

Keep up the good work and try to add more features related to operational convenience. And I also liked the features like, Unified Dashboard, 100% Security through Escrow Agreement, Standardized Pricing, Help you Save Time, Money & Effort .

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Nitish Kumar Gupta

Senior Director

Nidhi is a very professional but never forgets to.give some personal touch. She is prompt in her response and gives solution which is very helpful . And I also liked the features like, Unified Dashboard, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

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Amruta Shingwekar

Founder

Timely responses and quick solutions to any issues that arose during the course of our engagement have been truly remarkable. Appreciate Nidhi’s & Vineeta’s commitment to delivering high-quality service. And I also liked the features like, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

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Akshitha

Strategic Finance

Your executive really helped us with smooth and fast opening of escrow account when we were struggling with the banks for this service.. And I also liked the features like, Team Responsiveness, End-to-End Support, Help you Save Time, Money & Effort.

Preetesh Maloo

Co Founder

“I was thoroughly impressed with their services. The staff was professional, responsive, and knowledgeable, and they made the entire process incredibly smooth and hassle-free. One of the things I appreciated most about Castler was their attention to detail. They were incredibly thorough in reviewing all of the necessary documents and ensuring that everything was in order before moving forward with the transaction. This gave me a lot of peace of mind and helped to prevent any potential issues or complications. And I also liked the features like, 100% Security through Escrow Agreement, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Nimith Agrawal

Co-Founder & CEO

Throughout our experience with Castler, we have found their team to be incredibly responsive and supportive. They have been instrumental in resolving any issues that we have encountered in a timely manner, providing us with prompt responses that have helped us keep our operations running smoothly. We cannot overstate the value that Castler has added to our platform, and we are grateful to have their team as a partner in managing multiple accounts through their efficient tool. And I also liked the features like, Unified Dashboard, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Shubham

VP Strategy & Operations

Maybe add more banks to partner with. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

Ranjit Sundaram

Founder

Good work And I also liked the features like, Unified Dashboard, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

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Santhosh C

Business Development Manager

Castler teams are well co-ordinated & have been standing on feet when support needed during our business peak. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support .

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Vidhi Bhatt

Co-Founder & Director

Liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support .

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Varun Varada

Finance Manager

Representatives works with a problem solving attitude. And I also liked the features like, Multi-Bank Option, 100% Security through Escrow Agreement, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Gaurav Jhajharia

General Manager Business Finance

We are an NBFC, so making payouts used to be a huge challenge for us. However, ever since we started using Castler’s Escrow Services, all our payouts have been automated which saves us time and resources. Also, the team is extremely responsive and are available to solve issues raised almost immediately. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Anish Bhojani

COO

amazing tech and ux ui. And I also liked the features like, Unified Dashboard, 100% Security through Escrow Agreement, Efficient & Effective .

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Shreyaan Daga

Founder

Castler Product is unique and easy to use, it’s easy to customise as per any use case makes it different from other escrow service .And I also liked the features like,Unified Dashboard, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort .

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Yash Goyal

Head-Product and Marketing

I think the team behind this is phenomenal and excellent after services after onboarding as well. And I also liked the features like, Unified Dashboard, Multi-Bank Option, Efficient & Effective .

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Gunjan Sangoi

Investment Manager

Making Escrows Easier !. And I also liked the features like, Unified Dashboard, Multi-Bank Option, Modular Product, Fully Customizable, Any Industry Any Use-Case, Efficient & Effective .

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Jyoti Rai

Lead Banking Ops

It’s Wow. And I also liked the features like, Unified Dashboard, Multi-Bank Option, 100% Security through Escrow Agreement, Modular Product, Fully Customizable, Any Industry Any Use-Case, Standardized Pricing, Team Responsiveness, End-to-End Support, Efficient & Effective, Help you Save Time, Money & Effort.

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Dr.Joy Shah

CEO

Good Team. And I also liked the features like, Unified Dashboard, Team Responsiveness, End-to-End Support .

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Anandan B

Anandan B

Very good service and quick response . And I also liked the features like, Multi-Bank Option, 100% Security through Escrow Agreement, Efficient & Effective .

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Nitin Srivastava