Remote Device Lock
Soft-lock, full-lock or progressive lock — applied on demand and instantly reversible.
Reptile Finance Locker · via Kirvish
Finance Locker — Built For NBFCs & Finance Companies
Bring portfolio NPA down with device-level controls, integrated collection workflows and audit-grade reporting — designed for lenders financing mobile phones and consumer devices.
12,000+retailers connected
2.4M+devices protected
28states covered
↓71%default-rate reduction
Platform figures as published by Reptile EMI Security.
Overview
What is Finance Locker?
Finance Locker is Reptile's EMI security platform for lenders. It combines remote device controls with collection dashboards, automated reminders and a field recovery app, giving NBFCs and finance companies device-level visibility across their financed portfolio.
Kirvish is an authorised Reptile EMI Security dealer in New Delhi. We supply Finance Locker, help you activate it and train your team.
Built for
Who it's for
- NBFCs
- Finance companies
- Co-operative banks
Features
Finance Locker features
EMI Reminder Automation
Pre-due, due-day and overdue reminders over WhatsApp, SMS and IVR.
Recovery Agent App
Android field app with route optimisation, location tracking and proof-of-visit.
Collection Dashboard
Daily, weekly and monthly visibility into the health of your EMI book.
Customer Portal
Customers see pending EMIs, pay via UPI and get an instant unlock on payment.
Multi-Branch Management
One login for hundreds of stores, with role-based, branch-level permissions.
Device Tracking
Last-known location, last-seen time, SIM-change alerts and bypass-attempt alerts.
Smart Alerts
Proactive notifications that flag payment risk before it becomes a default.
How it works
How Finance Locker works
Sell the device
Your customer picks a phone and the EMI plan is finalised in-store.
Activate security
QR scan or app install completes in under 60 seconds — the device is now protected.
Monitor payments
Every EMI is tracked live, with automatic reminders sent before the due date.
Lock on default
A missed EMI triggers a soft-lock, hard-lock or staged lock with a single tap.
Recover & unlock
Payment auto-unlocks the phone — or dispatch a recovery agent with full device data.
Benefits
Business benefits
Stop EMI defaults before they happen
Lock, monitor and recover devices the moment an EMI is missed. Reptile reports defaults falling by up to 70%.
Boost collection efficiency
Automated reminders, daily dashboards and remote actions — Reptile cites 35–50% better on-time recovery.
Real-time device visibility
Location, last-seen timestamp, SIM-change and tamper alerts for every financed phone.
Effortless for your customer
60-second activation at the counter. Customers who pay on time never feel a thing — only defaulters see the lock.
Built for Indian retail
Hindi, English and 9 regional languages, GST-ready invoices, and offline-first operation for patchy connectivity.
Bank-grade security
End-to-end encrypted control channels, role-based access, audit logs and RBI-aligned data practices.
Finance Locker — FAQs
What is Finance Locker and how does it help my EMI business?
Finance Locker is Reptile's EMI security platform for lenders. It combines remote device controls with collection dashboards, automated reminders and a field recovery app, giving NBFCs and finance companies device-level visibility across their financed portfolio.
Which phones are supported?
Android phones are protected through device-policy integration (Android 7 and above). Apple iPhones are covered separately by Reptile i-Lock, which works through Apple's enterprise device-management framework.
How long does activation take at the point of sale?
Under 60 seconds. Your staff scans a QR code or installs the app, and the device is protected before the customer leaves the counter.
Does the customer see anything different on their phone?
Not while they pay on time. Paying customers use their phone normally — restrictions only apply if an EMI is missed.
How does the lock work?
You choose a soft-lock, a progressive (staged) lock or a full lock with one tap from the dashboard. As soon as the EMI is paid, the device unlocks automatically.
What if a customer pays in cash?
Cash, UPI and wallet payments are all supported. Once the payment is recorded against the EMI, the device can be unlocked immediately.
Do you provide a recovery agent app?
Yes. The Android recovery agent app gives field staff route planning, device location data and proof-of-visit capture.
How much does it cost?
Pricing is customised to your monthly EMI sales volume (brackets range from under ₹5 lakh to over ₹50 lakh a month). Call or WhatsApp Kirvish on +91 98688 85866 for a quote.
Will my staff be trained?
Yes. Onboarding and staff training are included, so your counter team can activate devices confidently from day one.
Is my business and customer data secure?
Reptile uses end-to-end encrypted control channels, role-based access, audit logs and describes its data practices as RBI-aligned. Always take the customer's written consent for device security in your EMI agreement.
Explore other Reptile products
EMI Safe
Complete EMI protection — one-tap activation, remote lock and automated recovery.
Learn moreEMI Locker
Lock, track and recover every financed device with zero friction.
Learn moreQuick Locker
60-second EMI protection for high-volume counters — no paperwork.
Learn moreGet Finance Locker for your business
Book a free demo with Kirvish — authorised Reptile EMI Security dealer in New Delhi. We'll show the platform on your own shop's workflow.