Company Information

Get to know Ujala Credit Co-operative Society

Ujala Credit Co-operative Society Ltd. is a financial entity established under the principles of co-operation to promote thrift, self-help, and mutual aid among its members. Registered under the Multi-State Co-operative Societies Act, 2002 (Registration No: MSCS/CR/648/2012), its primary objective is to encourage savings by offering various deposit schemes like Fixed Deposits and Recurring Deposits. The capital raised is then utilized to provide loans to its members for various purposes, thereby fostering their financial well-being and economic development.

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Ujala Credit Co-operative Society

India

Founded in

2002 (24 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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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.