CRCS Sahara Refund Portal Registration Online Process, Login, Eligibility, Required Documents, Portal Launch Date, Refund Amount, Refund Amount.
On the 18th July 2023, the Sahara Refund Portal has been launched by the Central Registrar of Cooperative Societies, Ministry of Cooperatives, Government of India. It has been started to give out Rs. 5000 crores to permitted members of Sahara Group’s Cooperative Societies. The Official Website i.e., https://mocrefund.crcs.gov.in. has been introduced by the Shri Amit Shah. This beginning follows a supreme court ruling, giving Sahara Depositors the chance to regain their investments via the user-friendly Sahara Refund Portal.
CRCS Sahara Refund Portal Registration Online
The Union Cooperative Minister Amit Shah on 18th July 2023 will unveil the Sahara Refund Portal. With the help of this portal, the investors whose investment time has finished will acquire their money back the launch is a result of the supreme court’s ruling. And its purpose is to provide all appropriate information to the 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, adding Sahara Credit Cooperative Society Limited. The supreme court has ordered CRCS to assign the 5,000 crore Rupees for these claims.
Overview of the CRCS Sahara India Refund Portal Registration
| Article About | Sahara India Refund Portal |
| Year | 2023 |
| Portal Name | Sahara Refund Portal |
| Introduced By | CRCS (Central Registrar of Cooperative Societies) |
| Launch Date | 18th July 2023 |
| Company Type | Private Company |
| Amount Transferred | Rs. 5000 Crore |
| Introduced By | Shri Amit Shah |
| Area Served | Worldwide |
| Chairman | Subrata Roy |
| Started On | 1978 – Gorakhpur |
| Headquarters | Lucknow, Uttar Pradesh, India |
| Eligibility Criteria | Open to Sahara’s 10 Crore Depositors whose Investment Time has Expired |
| Official website | https://mocrefund.crcs.gov.in |
A notable step regarding facility for depositors, Union Minister Amit Shah disclose the CRCS-Sahara Refund in New Delhi, as directed by the supreme court to expend Rs. 5000 Crores from the Sahara-SEBI Refund Account to genuine depositors of Sahara Group’s cooperative societies. The Portal provides a distinctive chance for one crore investors, who deposited Ten Thousand Rupees or more, to claim the 1st payment of up to Ten Thousand Rupees. Following the disbursement of Rs. 5,000 crore, attempts will be made to return the resting amount to other eligible investors via an appeal in the supreme court. Eligible depositors who have invested in Sahara Group’s Cooperative Societies before specific cut-off dates are authorized to apply for claims.
Eligibility
For the CRCS Sahara Refund of Rs. 10,000, the following groups are eligible: –
- Humara India Credit Cooperative Society Limited.
- Saharayn Universal Multipurpose Society Limited.
- Sahara Credit Cooperative Society Limited.
- Stars Multipurpose Cooperative Society Limited.
Required Documents
- Deposit Account Number,
- Membership Number,
- Mobile Number linked with Aadhar Card,
- Pan Card is also necessary if the claim amount is more than Rs. 50,000,
- Certificate of Deposit/Passbook.
Portal Launch Date
The Sahara Refund Portal was announced on 18th July 2023, as a major step to address the genuine claims of depositors who had invested their hard-earned money in Sahara Groups’s Cooperative Societies. This portal follows a supreme court judgment, which guided the transfer of Rs. 5000 crore from the Sahara-SEBI Refund Account to CRCS for the disbursement of dues to accurate depositors.
Login
The Sahara Refund Portal CRCS Login can be acquired on the official website i.e., https://mocrefund.crcs.gov.in/Depositor/Login. Depositors can go this website to login and apply for their refunds by pursuing the details given on the portal. Via this portal, eligible people can login and apply for their refunds very simply. By giving their Aadhar Number, Mobile Number and other details, depositors can use the portal and submit their refund requests. The portal purpose to consolidate the refund process and make sure a smooth experience for the investors, making it appropriate for them to claim their dues.
Online Apply Process of Sahara Refund Portal
- Go to the Official Website i.e., https://mocrefund.crcs.gov.in/depositor/Login.
- You have to register by using your Mobile Number, Aadhar Number etc.
- Verify your email address.
- Login to your account by using your Mobile Number, Aadhar Number.
- Once again review the instructions and features of the portal for correct application process.
- Fill the online refund request form correctly and give the correct details.
- Upload the required documents.
- The documents must be of right size limit.
- Once you are sure that every detail and document is correct that you have provided then you have to submit your refund request on the portal.
- Then the depositors can track the status via the portal and receive updates via SMS/Portal. The Sahara Refund Portal make sures that the refund process is fulfilled within fourty five days from the registration date, offering depositors a hassle-free and transparent experience.
Refund Amount
One Crore Seven Lakh Plus Investors who were looted by the Chit Fund Company will acquire the amount refund that they have lost. The CRCS Sahara Refund Amount is 10,000 Rupees. And the person will acquire this in the 1st phase. There are four crore plus depositors who are eligible to acquire the Rs. 10,000 amount. The total amount of Rs. 5000 crores will be given to all the depositors.
What If Sahara Refund Portal Not Working?
According to the current update, It seems that the Sahara Refund portal is facing technical problems and is presently not working. Depositors who are trying to use the portal to apply for their refunds may experience issues. It is preferable to look after on official declaration and updates from the centra registrar of cooperative societies or the ministry of cooperatives for details related the resolution of the problem. And when the portal will be working again.
If Sahara Refund Portal OTP Not Received
When you provide your Aadhar Number and request an OTP on the Sahara India Refund Portal, you might not obtain the OTP on your mobile number. This problem is being faced by many users. It is possible that this issue is happening due to the Sahara India Refund Portal has lately been begun, and there might be some technical problem on the website. I propose waiting for some time until the issue is solved. After some time, you can try again, and probably, by then the issue will be resolved.
FAQs
By whom the Sahara Refund Portal has been Introduced?
- The Sahara Refund Portal has been introduced by the Hon’ble union Minister for Home and Cooperation, Mr. Amit Shah on the 18th July 2023.
How the Eligible Depositors can Apply for their Refunds?
- The eligible depositors who want to apply for their refunds, they have to visit to the official website of the Sahara Refund Portal which is https://mocrefund.crcs.gov.in. They just need to give their Aadhar Number, Mobile Number and other details. And they will be able to login and submit their refund requests.
Total days it take to acquire refund via the Sahara Refund Portal?
- Within the 45 days after the claim submission on the official portal, the money will be deposited into the claimant’s bank account.
How much Amount a depositor needs to invest in the Sahara Group Cooperative Societies to claim a refund via the CRCS Sahara Refund Portal?
- All those Depositors who invest Rs. 10,000 or more than that in the Sahara Group’s Cooperative Societies are eligible to acquire the 1st Payment of up to Rs. 10,000 via this portal.
What are the Required Documents to apply under the CRCS Sahara Refund Portal?
- The depositors need to provide the documents such as deposit account number, membership number. Phone number linked with Aadhar, certificate of deposit / passbook. A pan card is also necessary if the claim amount is more than Rs. 50,000.
Online Registration Category Link: – Click Here