Company Information

Get to know ODFC Maharashtra

Established on September 25, 1998, under the Company Act 1956, the Maharashtra State Other Backward Classes Finance and Development Corporation Ltd. is a Government of Maharashtra undertaking. Its primary mission is to promote the economic and financial development of the Other Backward Classes (OBCs) residing in the state. The corporation functions as a channelizing agency, implementing various loan schemes and welfare programs, often in collaboration with the National Backward Classes Finance and Development Corporation (NBCFDC), to provide financial assistance for self-employment, education, and entrepreneurial ventures among the OBC community, thereby fostering their socio-economic progress.

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ODFC Maharashtra

India

Founded in

2011 (15 Years)

Founded

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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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.