The Sahara Refund Portal Registration began in July 2023 after the CRCS launched it on July 18. This online platform set up by the Central Registrar of Cooperative Societies claims to help nearly ten crores members of the Sahara group by refunding approximately Rs. 5000 crores.
The investments of these members were trapped for a prolonged period, and this portal will help them get their money back. If you are an eligible depositor of the Sahara Society, you must register at official website.
There isn’t any fee for submitting your claim. You can also access the portal through the official Ministry of Cooperation’s website, cooperation.gov.in. The portal has an easily navigable interface. So, even those who aren’t tech-savvy can reclaim their investment easily. Find out more about this portal below.
An Overview of the Sahara Refund Portal
Sahara Refund Portal: The CRCS Sahara Refund portal was launched by Minister Amit Shah. It is being strictly overseen by the Ministry of Cooperation, which ensures that each and every claim is carefully reviewed. Thus, it makes way for eligible investors to get the funds they are entitled to.
You can find the refund application form by visiting official website. The Sahara Refund Portal reflects the government’s commitment to safeguard the interests of the investors. Also, it gives a strong message that the government does not tolerate financial fraud.
Through this portal, cooperative societies can give refund requests, verify the details of their members, and determine the refund amount. The instalment of the entire refund amount will be in 10,000 INR. Note that the portal will only accept refund requests from depositors who meet the eligibility criteria.
Major Details About CRCS Sahara Refund Portal
Sahara Refund Portal: This portal will make the entire refund process easy. It will also pave the way for more transparency in the cooperative domain. Here are some significant details about the portal.
|Name of the portal
|Sahara Refund Portal by CRCS
|Shri Amit Shah, Minister of Home and Cooperation
|Central Registrar of Cooperative Societies
|Date of launch
|18th July, 2023
|Contact number and Aadhar card
|Maximum amount of refund
|Total refund sum
|Rs. 5000 crores
|The official website for reference
The Sahara Refund Portal Registration
Registering On the CRCS’s portal needs you to provide a few essential details. Follow this process to complete the registration process so you can log in easily. Depositors can register on the ‘CRCS-Sahara Refund Portal’ portal and submit Sahara Group of Cooperative Societies claims to obtain refunds within 45 days.
Navigate to https://mocrefund.crcs.gov.in/Depositer/Register.
Next, give the last four digits of your Aadhar number followed by your Aadhar-linked mobile number and finally, enter the captcha.
Tap the ‘Submit’ button.
On the ‘Login’ screen, fill out your Aadhar card’s last four digits again.
Also enter the mobile number linked to this card.
Now, tap the button to get OTP.
You will find the OTP on your mobile number. Enter it and tap ‘Verify OTP’ to enter.
Agree to the terms and tap ‘I agree.’
Provide your 12-digit Aadhar number on the next screen.
Now, tap ‘Get OTP.’
Provide your Aadhar details. You can also give your email ID.
Now, list down the details of your certificate of deposit.
After that, tap ‘Submit claim.’
Give correct refund claim details.
Lastly, attach a photo as evidence.
What to Do If You Don’t Receive OTP During Sahara Refund Portal Registration
Sahara Refund Portal: Entering the OTP is essential for the registration process. But if you don’t receive it, there can be multiple reasons.
- Check for network problems – Find out whether your internet connection is working properly so you receive the OTP.
- Check the mobile number you have entered – Review the number to ensure that there is no discrepancy. You must enter only that number that is linked to your Aadhar Card.
- Connect with your mobile network provider to check if they have restricted or have put in place certain filters blocking particular OTP messages.
- Find whether you have adequate storage in your mobile inbox – If the storage is full, you may not receive the message.
- Check whether the OTP message is there in the spam folder.
The Eligibility Requirements for the Sahara Refund Portal
Sahara Refund Portal: This portal will accept the refund requests of only those who are eligible. Depositors who have invested in Saharayan Universal Multipurpose Society Limited, Sahara Credit Cooperative Society Limited, as well as Humara India Credit Cooperative Society Limited prior to March 22, 2022, are eligible for getting a refund. Also, those who have invested before March 29, 2023, in Stars Multipurpose Cooperative Society Limited are also eligible for a refund.
Key Documents to Enroll in Sahara Refund Portal
Sahara Refund Portal: Depositors need five essential documents to submit the refund request. These include the following:
- Deposited account number
- Membership number
- Aadhar connected with your working mobile number.
- Passbook or certificate
- Information about the deposit
If you have a claim of Rs. 50,000 or more, you also need your PAN card.
How Much Time Will it Take to Get Your Amount Reimbursed?
Sahara Refund Portal: The amount of Rs. 10000 will be transferred immediately to your bank account via the reimbursement scheme of CRCS Sahara after 45 days. If you are eligible for the return and have filled out the return application form of CRCS Sahara, you will get Rs. 10000 for sure.
In the first stage, an amount over Rs. 10000 will not be credited. However, depositors will only receive a refund if their Aadhar card is connected to their bank account number.
Frequently Asked Questions
1. How will I know if my claims submission is successful?
Depositors can find out about a successful claims submission by getting an acknowledgement number. This number will be shown on the portal, and a text message will arrive in your registered mobile number.
2. Which documents are necessary to submit a claim to the Sahara refund portal?
The essential documents to submit a claim are your deposit certificate, the claim request form, and a PAN card. A PAN card is necessary if the claim amount exceeds Rs. 50000.
3. What should I do if my money is not refunded?
You may file a case before the consumer forum if your money is not refunded. Alternatively, lodge a complaint with the local police under section 420 IPC.