Sahara Refund Portal: Your Gateway to Recovering Investments

Sahara refund portal

The Indian government has made great progress toward assisting depositors of the Sahara Group of Cooperative Societies in receiving their refunds by initiating this program. All qualified investors have to do is apply through the platform and monitor their claims for refunds. For the benefit of depositors, the government has transferred Rupee 5,000 crore from the “Sahara-SEBI Refund Account” to CRCS by a ruling by the Supreme Court. Refunds for investments made in Sahara Cooperative Societies may be easily obtained through the Sahara refund portal login website.

Sahara Refund Portal

Highlight of Sahara Refund Portal

Name Portal Sahara refund portal
Authority Ministry of Cooperation         
Beneficiaries All Sahara Group Investors
Launched on 18th July 2023             
Started by Home Minister Sh Amit Shah             
Total Investors 10 Crore Investors               
Total Investments ₹50,000 Crore              
Documents Required for Sahara Refund portal portal Claim Form Bank Passbook, Aadhar Card, PAN Card, Membership Number     
Time Taken for Refund 7-10 Days              
Application mode Online                 
Toll-Free Number 1800-103-6891                          
Website mocrefund.crcs.gov.in           

Known About Sahara Refund Portal

CRCS Sahara Refund Portal is an online platform created by a directive from the Hon’ble Supreme Court dated March 29, 2023, to process refunds for depositors of the four Sahara Group Cooperative Societies.

Eligibility Criteria for CRCS Sahara Refund Portal

The CRCS Sahara refund portal allows refunds to be made to the following four Sahara Societies’ valid and authentic depositors:

  • Humara India Credit Cooperative Society, Kolkata.
  • Sahara Credit Cooperative Society, Lucknow.
  • Saharayn Universal Multipurpose Society, Bhopal.
  • Stars Multipurpose Cooperative Society, Hyderabad.

Documents Required for CRCS Sahara Refund Portal

The list of documents needed to implement the CRCS Sahara refund portal policy is as follows:

  • Deposit Account Number: The unique account number assigned by Sahara for the deposited funds.
  • Mobile Number connected to Aadhaar (Mandatory): The cellphone number associated with your Aadhaar card is a required need for the reimbursement procedure.
  • Membership Number: The number assigned by Sahara Cooperative Societies for identifying purposes.
  • Certificate of Deposit/Passbook: An official document or passbook outlining the details of your deposit with Sahara.
  • PAN Card (if the claim exceeds Rs. 50,000): If the refund exceeds Rs. 50,000, a PAN card is necessary for verification and taxation.

Procedure to Register for the Sahara Refund Portal

By following these easy steps, you can apply for a refund on the Sahara refund online portal login:

  • The official website address is https://mocrefund.crcs.gov.in/Depositor/Login.
  • Enter the needed information, including your Aadhaar number and telephone number, to register.
  • Please confirm your email address so they may contact you later.
  • Examine the features and instructions on the site to ensure a simple application process.
  • Please fill out the online refund request form with accurate information.
  • Verify that the required files are uploaded and that their sizes don’t exceed those that are permitted.
  • Before filing the refund request, double-check all the information and the accompanying files.
  • To seek a refund, click SUBMIT now.

Process for logging in to the Sahara Refund Online Portal

After creating an account, you can log into the Sahara refund portal login by following the instructions below:

  • You need to visit the portal’s main page once your registration has been accepted.
  • The Refund Application Form will open upon clicking.
  • Once on this page, the Depositor Login section will be visible to you.
  • It is now necessary to accurately fill out this refund application form.
  • You cannot click “Proceed” until you have scanned and submitted the necessary papers.
  • You will notice the software slide open in front of you after clicking.
  • Lastly, you must choose “Submit”. An application receipt will then be sent to you; print this out and save it somewhere secure.

You may quickly and simply apply online for a Sahara India Refund and receive your money back if you follow the following instructions.

The Process to Claim Sahara Refund Online Portal

To obtain the portal’s refund, adhere to the instructions below:

  • After entering the captcha, your cellphone number connected to your Aadhaar, and the last four digits of your Aadhaar number, click “Get OTP” on the “Depositor Login Screen.”
  • Enter the OTP that was issued to your Aadhaar-connected cellphone number.
  • After logging in, the depositor will see the Aadhaar Consent Screen. After clicking “I Agree” to accept the terms and conditions, go to the next page.
  • On the Personal Details Screen, type in your 12-digit Aadhaar number and select “Get OTP”. The depositor’s Aadhaar-linked mobile phone will receive the OTP.
  • Click Verify OTP after entering the OTP.
  • The Aadhaar user data, including First Name, Middle Name, Last Name, Date of Birth, and Father/Husband Name, are shown by the system when the OTP has been verified.
  • The user can also input their email address, select “Save Email,” and then hit the “Next” button.
  • The depositor will input data based on what is shown on the screen.
  • Once the depositor clicks the “Add Claim” button, all of the details are displayed in the grid below. Depositors can put more than one Claim Detail here.
  • After all the claim data has been entered, generate a prefilled claim request form.
  • Attach the most recent photo and sign the claim form appropriately on both the photo and the form.
  • To the “Upload Documents” page, upload a copy of your PAN card along with the Claim Form. (A PAN Card is needed if the claim amount is Rs. 50, OOO or more.

Method to check Sahara India Refund Status

To find out how your refund from Sahara India is progressing right now, use the methods listed below. It is possible to accurately verify your status using any one of the following methods: –

  • SMS: To check the status of your refund from Sahara India, you can utilize SMS. Additionally, you may use your bank passbook, the net banking app, or your nearest common service center to check the progress of your return. Using one of the many alternatives offered, you may ascertain whether you have got the money promptly.
  • Net banking: You can use the net banking software if you haven’t heard anything to indicate that the money has been credited to your account. On the other hand, you have already gotten the money if you have received any notification regarding the Sahara India Refund. To examine the history, you can read the credit card message. You may verify if the funds from the Sahara India Refund have been credited to your account by reviewing the history.

In conclusion

The Sahara Refund Portal is an impressive move on the part of the Indian government, providing investors with a simplified method of retrieving their money from Sahara Cooperative Societies. Ensuring openness and simplicity of access is a major step towards resolving financial concerns for depositors with its efficient online application and speedy returns and for Sahara Refund online.

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