Company Information

Get to know BOB Financial Solutions Limited

BOB Financial Solutions Limited (BFSL), formerly known as Bobcards Limited, was established in 1994 as a subsidiary of Bank of Baroda, one of India's largest public sector banks. As a Non-Banking Financial Company (NBFC), BFSL's core business revolves around issuing Bank of Baroda credit cards to a diverse range of customers, including individuals and corporations. In addition to its credit card operations, the company is a significant player in the merchant acquiring business, providing Point of Sale (POS) terminals and payment acceptance solutions to businesses across India.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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BOB Financial Solutions Limited

India

Founded in

1994 (32 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.