The Sahara Refund Portal, launched on July 18, 2023, by the Central Registrar of Cooperative Societies (CRCS), Ministry of Cooperatives, Government of India, aims to distribute Rs 5000 crore to authorized members of Sahara Group’s cooperative societies. Hon’ble Union Minister for Home & Cooperation, Shri Amit Shah, introduced the portal, which accepts online applications from eligible depositors through its official website, https://mocrefund.crcs.gov.in. This initiative follows a Supreme Court ruling, offering Sahara depositors the opportunity to reclaim their investments through the user-friendly Sahara Refund Portal.
Sahara Refund Portal
On July 18, 2023, Union Cooperative Minister Amit Shah will unveil the Sahara Refund Portal, bringing excitement to Sahara’s 10 crore depositors. Through this portal, investors whose investment time has expired will receive their money back. The launch is a result of the Supreme Court’s ruling, and it aims to provide all relevant information to Sahara investors regarding the Money refund process. The Ministry of Cooperation has taken this step to address the claims of investors who had money deposited with the Sahara Portal and Sahara Group’s cooperative societies, including Sahara Credit Cooperative Society Limited. The Supreme Court has ordered CRCS to allocate Rs 5,000 crore for these claims
|Overview||Sahara India Refund Portal|
|Name of the Portal||Sahara Refund Portal|
|Introduced by||Central Registrar of Cooperative Societies (CRCS)|
|Company Type||Private Company|
|Launch Date||July 18, 2023|
|Introducer||Shri Amit Shah|
|Amount Transferred||Rs 5,000 crore|
|Headquarters||Lucknow, Uttar Pradesh, India|
|Started On||1978 – Gorakhpur|
|Eligibility||Open to Sahara’s 10 crore depositors whose investment time has expired|
CRCS Sahara Refund Portal
The CRCS Sahara refund portal links depositors’ Aadhaar numbers to their mobile phones and bank accounts. After providing receipt details and filling out the form, the refund process begins. Money is deposited into the claimant’s bank account within 45 days.
Sahara Refund Portal Launch Date
The Sahara Refund Portal was introduced on July 18, 2023, as a crucial step to address the genuine claims of depositors who had invested their hard-earned money in Sahara Group’s cooperative societies. This initiative follows a Supreme Court judgment, which directed the transfer of Rs. 5000 crore from the “Sahara-SEBI Refund Account” to CRCS for the disbursement of dues to valid depositors.
Sahara Refund Portal Login
The Sahara Refund Portal CRCS Login can be accessed on the official website: https://mocrefund.crcs.gov.in/Depositor/Login. Depositors can visit this website to log in and apply for their refunds by following the instructions provided on the portal. Through this portal, eligible individuals can log in and apply for their refunds easily. By providing their Aadhaar number, mobile number, and other necessary details, depositors can access the portal and submit their refund requests. The portal aims to streamline the refund process and ensure a smooth experience for the investors, making it convenient for them to claim their dues.
CRCS Sahara Refund Portal Direct Link
To access the Sahara Refund Portal, depositors can visit the official website at https://mocrefund.crcs.gov.in. Here, they can find all the necessary information, instructions, and features to apply for their refunds seamlessly.
|Join Telegram For Latest Update||Join|
|CRCS Sahara Refund Portal Login||Login|
|CRCS Sahara Refund Portal Registration||Register|
CRCS Sahara Refund Portal Gov In
A remarkable step towards ease for depositors, Union Minister Amit Shah unveiled the ‘CRCS-Sahara Refund’ in New Delhi, as directed by the Supreme Court to disburse Rs. 5000 Crores from the “Sahara-SEBI Refund Account” to genuine depositors of Sahara Group’s Cooperative Societies. The portal offers a unique opportunity for one crore investors, who deposited Rs. 10,000 or more, to claim the first payment of up to Rs. 10,000. Following the disbursement of Rs. 5,000 crore, efforts will be made to return the remaining amount to other eligible investors through an appeal in the Supreme Court. Eligible depositors who have invested in Sahara Group’s Cooperative Societies before specific cut-off dates are entitled to apply for claims.
Sahara Refund Portal Website and Form
The Sahara India Refund Portal offers a user-friendly interface, making it easy for depositors to navigate through the application process. Depositors need to register on the portal by providing their essential details, linking their Aadhaar number with their mobile phone number and bank account, and uploading necessary documents such as the certificate of deposit, PAN card (if applicable), and more.
How long will it take to get a refund?
The refund will be credited to the claimant’s bank account within 45 days after the submission of the claim on the CRCS Sahara refund portal.
Sahara Refund Portal Online Apply Process
To apply for a refund on the Sahara Refund Portal, follow these simple steps:
- Visit the official website at https://mocrefund.crcs.gov.in/Depositor/Login.
- Register using your Aadhaar number, mobile number, and other required details.
- Verify your email address for further communication.
- Log in to your account using your Aadhaar number and mobile number.
- Review the portal’s instructions and features for a smooth application process.
- Fill out the online refund request form, providing accurate and complete information.
- Upload the necessary documents, ensuring they meet the specified size limits.
- Double-check all the information and documents before submitting the refund request.
- Submit your refund request on the portal.
Note–>> Once the refund request is submitted, depositors can track its status through the portal and receive updates through SMS/Portal. The Sahara Refund Portal ensures that the refund process is completed within 45 days from the date of registration, offering depositors a hassle-free and transparent experience.
Documents Required For CRCS Sahara Refund Portal
Documents required for applying on the CRCS Sahara Money refund portal:
- Deposit Account Number
- Mobile Number linked with Aadhaar (Mandatory)
- Membership Number
- Certificate of Deposit/Passbook
- PAN Card (if the claim amount exceeds Rs. 50,000)
Sahara India Refund Portal Not Working
As of the latest update, it appears that the Sahara Refund Portal is facing technical issues and is currently not working. Depositors who are trying to access the portal to apply for their refunds may encounter difficulties. It is advisable to keep an eye on official announcements and updates from the Central Registrar of Cooperative Societies (CRCS) or the Ministry of Cooperatives for information regarding the resolution of the issue and when the portal will be functional again.
Sahara Refund Portal OTP Not Received
When you enter your Aadhaar number and request an OTP on the Sahara India Refund Portal, you may not receive the OTP on your mobile number. This issue is being faced by many users. It is possible that this problem is occurring because the Sahara India Refund Portal has recently been launched, and there might be some technical glitches on the website. I suggest waiting for a while until the issue is resolved. After some time, you can try again, and hopefully, by then the problem will be solved.
The Sahara Refund Portal marks a significant step towards ensuring that depositors receive their rightful dues in a timely and transparent manner. With its user-friendly interface and streamlined process, the portal empowers depositors to reclaim their hard-earned money without any unnecessary hassles. So, if you are an eligible depositor of Sahara Group’s cooperative societies, don’t wait any longer. Head to the Sahara Refund Portal, register, and apply for your refund today!