GS Finance : Personal Loan

G. S. LEASING AND FINANCE PRIVATE LIMITED

About this app

GS Finance is a digital loan app offered by GS Leasing and Finance Private Limited, an RBI-registered Non-Banking Financial Company (NBFC) (RBI Registration No.: B-03.00124).

The app provides personal loans with transparent charges, clear EMI schedules, secure digital KYC, and responsible lending practices.
All loans are offered strictly subject to eligibility, verification, and internal credit assessment, in accordance with RBI guidelines and Google Play loan policies.

📌 Loan Details

Loan Amount: ₹1,000 to ₹2,00,000

Repayment Tenure: 61 days to 365 days

✅ Processing Fee
A one-time loan processing fee of 1% to 5% of the loan amount (plus applicable taxes) may be charged at the time of loan disbursement. The exact processing fee is clearly shown to the user in the app before loan confirmation.

✅ Late Payment Fees

If an EMI is not paid on or before the due date, late payment fees may be applicable as per the loan agreement. Any such charges, along with applicable taxes, are transparently disclosed in the app. No hidden or compound charges are applied.

Loan Type: Personal Loan

Loan Disbursal : Directly by RBI-registered NBFC

✅ Key Features

100% online and paperless loan process

Transparent loan terms, charges, and EMI schedules

Secure digital KYC and identity verification

eNACH / auto-debit facility for EMI payments

In-app EMI schedule, repayment history, and loan status

Ticket-based customer support and grievance redressal system

👤 Loan Eligibility Criteria

Salaried and self-employed individuals can apply

Age: 21 to 55 years

Documents Required: Valid PAN and Aadhaar

Active bank account with income proof required

Loan approval depends on eligibility, credit score, and verification

📊 Representative Loan Example

Loan Amount: ₹10,000
Repayment Tenure: 3 Months (91 Days)
Interest Rate (APR): 18% to 36% per annum

Charges Breakdown
Processing Fee: ₹300

GST @18% on Processing Fee: ₹54

Total Processing Charges: ₹354

Disbursement Details

Loan Amount: ₹10,000

Less: Processing Charges (including GST): ₹354

➡ Net Disbursed Amount: ₹9,646

✅ Repayment Details

Total Interest (for 3 months): ₹404

Total Repayment Amount: ₹10,404
(Repayment through EMIs as per agreed schedule)

⏰ Loan Disbursement Timing

Timing: 10:00 AM to 6:00 PM

Days: Monday to Saturday (excluding bank holidays)

Loans approved outside business hours are disbursed on the next working day

🔐 Payment SDK Usage Disclosure

This app uses the PayU Payment Gateway SDK only for authorized EMI repayments related to active loans.

Used only when the user initiates an EMI payment

Not used for loan disbursement or background transactions

No card, UPI, or banking credentials are stored by the app or the SDK

All transactions are processed securely as per RBI guidelines and Google Play policies

🛡️ Payments & Security

EMI repayments are processed only through authorized payment gateways

User consent is required for every payment transaction

The app does not access or store sensitive payment credentials

🔎 KYC & Data Privacy

KYC is conducted using secure and authorized verification partners

Personal data is collected only for loan processing, servicing, and regulatory compliance

The app does not access contacts, photos, media files, call logs, or device storage

🎧 Customer Support & Grievance Redressal

Contact Details

Email: [e-mail]

Phone: [phone]

Website: https://gsfinance.in

✅ Loan Disbursement , KYC, and recovery are handled directly by
GS Leasing and Finance Private Limited in accordance with RBI guidelines.
✅GS Finance adheres to RBI’s Fair Practices Code, applicable Indian data protection laws, and Google Play’s personal loan app guidelines.