The Central Government created the CRCS Sahara Refund Portal to facilitate the reimbursement of investors who had issues with their investments in Sahara India. The portal aimed to simplify the process of getting their money back, especially for those whose investments had matured.
To participate in this process, investors had to register through the Sahara Refund Portal. The Central Registrar of Cooperative Societies (CRCS), an agency under the Ministry of Cooperatives in the Government of India, created and operated the portal. The Govt. of India launched the CRCS Sahara Refund Portal on 18th July 2023. Over one lakh people who are seeking the return of their invested funds have already registered on the portal.
CRCS Sahara Refund Portal
If you are also in a situation where your funds are tied up with Sahara India, you can visit the official website www.mocrefund.crcs.gov.in to use the CRCS Sahara Refund Portal 2023. It is important to have the original documents related to the funds you have invested in Sahara to facilitate the refund process. With these documents, you can start the application process to get your money back.
On 18 July 2023, the government launched the CRCS Sahara Refund Portal. The goal was to complete the money return process within 45 days. The government has taken a significant step by reimbursing eligible investors up to ₹10,000 despite the complexities involved. Further coverage extension is possible.
CRCS Sahara India Refund Portal 2023
|Ministry of Co-operation
|CRCS Sahara Refund Portal
|Central Registrar of Cooperative Societies
|Home Minister Mr. Amit Shah
|All Sahara Group Investors
|NEWS / Schemes
|Portal Launched on
|18th July 2023, Tuesday
|10 Crore+ Investors (₹50,000 Crore)
|Up to ₹10,000
|Toll Free Number
Investors can register on the CRCS Sahara Refund Portal at www.mocrefund.crcs.gov.in to avail of this opportunity. The four cooperative societies covered by this initiative are Sahara Credit Cooperative Society Ltd., SUMSL, HICSL, and SMCSL. These societies have a combined deposit base of about 2.5 crore people, each with deposits up to ₹30,000.
CRCS Sahara India Refund Status 2023
The launch of the CRCS-Sahara Refund Portal by the Central Government is a positive development that will bring relief to depositors who have entrusted their funds with Sahara. The portal aims to simplify the process of returning invested money to Sahara Group cooperative societies’ investors.
The portal was launched on July 18, 2023, at 11:00 AM at the Atal Akshay Urja Bhawan in New Delhi. The launch was attended by Union Home Minister Amit Shah. The portal is a user-friendly web-based platform that has been designed to help eligible Sahara India depositors reclaim their funds.
To apply for a refund, depositors can visit the website mocrefund.crcs.gov.in. They will need to provide their PAN number, name, address, and other relevant details. In addition, they will be required to upload a copy of their investment certificate.
The application will then be reviewed by the Sahara Refund Committee. If the application is approved, the refund amount will be deposited into the depositor’s bank account. This is a major step forward in the process of resolving the financial problems of Sahara India depositors.
How to Check Sahara India Refund List 2023?
- Visit the official portal of the Sahara Refund Portal, www.mocrefund.crcs.gov.in
- On the home page, you will see the option to check your refund list.
- Enter your registration number and Aadhaar card number in the required fields.
- Please complete the captcha and then click on the submit button.
- You will be able to check the sahara refund list.
Steps to Apply for CRCS Sahara Refund Portal 2023
- Go to the website of the CRCS Sahara Refund Portal, www.mocrefund.crcs.gov.in
- Find the link to apply for a refund online.
- Before you can apply, you need to register on the portal.
- To do this, you will need to provide your Sahara Membership Number and Aadhaar Card Number.
- Once you have registered, you will receive an OTP on your mobile phone. Enter the OTP to verify your identity.
- Follow the instructions on the portal to submit your refund claim.
- Once your claim has been submitted, you will receive an acknowledgment number. Please ensure to keep this number secure for future use.
- You can track the status of your refund on the portal using your acknowledgment number.
CRCS Sahara Refund Portal Registration & Login
The Sahara Refund Portal is a ray of hope for investors who have been waiting for their money for a long time. The Supreme Court has ordered that the money be returned to these investors, and the Sahara Refund Portal provides a way for them to get their money back. The portal guarantees a 100% refund.
To apply through the portal, you need to log in and provide your 12-digit membership number, the last four digits of your Aadhaar card number, and the ten digits of your Aadhaar-linked mobile number. Once you have registered, you will be given a unique identifier that you can use to access the portal for any future interactions.
The CRCS Sahara Refund Portal is a convenient and reliable way for investors to get their money back. It is a positive development that will help to resolve the long-standing issue of Sahara investors waiting for their refunds.