We study the joint probability distributions of separation R and radial component of the relative velocity VR of particles settling under gravity in a turbulent flow. We also obtain the moments of these distributions and analyze their anisotropy using spherical harmonics. We find that the qualitative nature of the joint distributions remains the same as no-gravity case. Distributions of VR for fixed values of R show a power-law dependence on VR for a range of VR; the exponent of the power law depends on the gravity. Effects of gravity are also manifested in the following ways: (a) Moments of the distributions are anisotropic; degree of anisotropy depends on particle's Stokes number, but does not depend on R for small values of R . (b) Mean velocity of collision between two particles is decreased for particles having equal Stokes numbers but increased for particles having different Stokes numbers. For the later, collision velocity is set by the difference in their settling velocities.