Is GeM Sahay Loan App Safe? RBI DLA Directory Verdict
Directory checked 2026-09-01
- ✅ Listed in RBI's DLA directory as “GeM Sahay”
- 🏛️ Deployed by: 3 regulated entities (see below)
- 📧 Grievance officer: executive-admingr3@gem.gov.in
- 🛡️ Complaint route: RBI CMS portal (free)
🔍 GeM Sahay — What RBI's DLA Directory Records
| Regulated entity | 121 FINANCE PRIVATE LIMITED (OLD NAME YERROW FINANCE AND INVESTMENTS PRIVATE LIMITED) (NBFC) |
| Entity website | https://121finance.com |
| Grievance officer | Anil Kumar |
| Grievance contact | executive-admingr3@gem.gov.in · 1140733550 |
| Regulated entity | GETGROWTH CAPITAL PRIVATE LIMITED (NBFC) |
| Entity website | https://getgrowthcapital.co/ |
| Grievance officer | Anil Kumar |
| Grievance contact | executive-admingr3@gem.gov.in · 1140733550 |
| Regulated entity | PUNJAB NATIONAL BANK (BANK) |
| Entity website | https://www.pnb.bank.in/ |
| Grievance officer | Manuj Pratap Singh |
| Grievance contact | sme.digital@pnb.bank.in · 1128073057 |
📱 Distributed via: Google Play · iOS App Store · Website · Gem Portal
Source: RBI — Digital Lending Apps deployed by Regulated Entities (public directory), checked 2026-09-01. Listings are reported by the regulated entities on RBI's CIMS portal without further validation by RBI — a listing is not an RBI endorsement. Always confirm the lender named inside the app matches the entity above before sharing documents.
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Is GeM Sahay loan app safe?
GeM Sahay is listed in RBI's public directory of Digital Lending Apps, deployed by 3 regulated entities including 121 FINANCE PRIVATE LIMITED (OLD NAME YERROW FINANCE AND INVESTMENTS PRIVATE LIMITED) (NBFC). The listing is reported by the regulated entity on RBI's CIMS portal — always confirm the lender named inside the app matches one of these entities before sharing KYC.
Which lender is behind GeM Sahay?
GeM Sahay is deployed by 3 RBI-regulated entities: 121 FINANCE PRIVATE LIMITED (OLD NAME YERROW FINANCE AND INVESTMENTS PRIVATE LIMITED), GETGROWTH CAPITAL PRIVATE LIMITED, PUNJAB NATIONAL BANK. Your loan agreement names the specific entity for your loan — check it there.
GeM Sahay customer care / grievance contact?
The grievance redressal officer on record for 121 FINANCE PRIVATE LIMITED (OLD NAME YERROW FINANCE AND INVESTMENTS PRIVATE LIMITED) is Anil Kumar — executive-admingr3@gem.gov.in, 1140733550. Use this official contact, not helpline numbers found via Google search (scam helplines target loan-app users).
How do I complain against GeM Sahay?
Step 1: raise the issue inside the app. Step 2: email the grievance officer (executive-admingr3@gem.gov.in). Step 3: no resolution in 30 days — escalate free to the RBI Ombudsman at cms.rbi.org.in.
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