Company Information

Get to know Udhar Bazaar

Udhar Bazaar is a financial technology brand operated by G U Financial Services Pvt. Ltd., a Non-Banking Financial Company (NBFC) officially registered with the Reserve Bank of India (RBI). The company's mission is to leverage technology to provide quick, convenient, and transparent access to credit for India's salaried middle class. Through its mobile application, Udhar Bazaar offers unsecured personal loans with a fully digital application process, from KYC verification to disbursal, aiming to address short-term and emergency financial needs.

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Udhar Bazaar

India

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

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ASIC

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Warning

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.