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India
2011 (15 Years)
Last online: No recent activity
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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.
Get to know zayd chit funds pvt. ltd.
Company Information
Get to know zayd chit funds pvt. ltd.
Zayd Chit Funds Private Limited is a non-government company incorporated on August 3, 2018, and registered with the Registrar of Companies, Coimbatore, India. As a chit fund company, its primary business is to manage, conduct, and supervise chit schemes (a type of rotating savings and credit association). The company facilitates a system where a group of individuals contributes money into a pool for a specific period, with members able to bid for and draw the lump-sum prize amount during the tenure of the scheme.
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