Gs Finance Loan App Fraud

Name of Complainant Vaishakh Udayakumar
Date of ComplaintFebruary 9, 2026
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Vaishakh Udayakumar:

I have applied for a loan on Dec 16 2025 with Gs 5. They have made me do multiple e mandates saying re do it was not successful while applying for a loan, then after an hour they rejected the loan offer. On Feb 5th today with that multiple e mandates they have debited 571₹ 2 time within 3 minutes and then 1 more time after 30 min, so I have to move all my fund to my other account, when I contacted with bank they helped me deactivate the mandates still it will take 4 days. I tried contacting through mail no response i tried there 2 mobile numbers all are not reachable one not even right number. Such a fraud app, I lost 1713₹ total for a loan that’s not even given.

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