Company Information

Get to know HRYN Mutual Benefits Nidhi Ltd

Incorporated under the Companies Act, 2013, HRYN Mutual Benefits Nidhi Ltd operates as a non-banking financial company (NBFC) with the primary objective of cultivating the habit of thrift and savings among its members. The company accepts deposits from and lends to its members for their mutual benefit, functioning on the principle of mutual cooperation. Its services are designed to be similar to those of a traditional bank but are restricted to its enrolled shareholder-members.

Industry

Financial BankingPRIMARY
Financial Other Service

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HRYN Mutual Benefits Nidhi Ltd

India

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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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.