Sahara Refund Portal Registration, Login Link, Claim Process, Who can Apply ?

 Sahara India Refund Portal Link (mocrefund.crcs.gov.in), Online Claim Process, Documents Required (July 2023): The Union Government launched CRCS-Sahara Refund Portal on Tuesday (July 18). The portal was launched by Union Home Minister and Minister of Cooperation Amit Shah in Delhi. The portal will help crores of depositors of Sahara Group claim their money back.

“The process of returning the money of depositors, which was stuck in four cooperative societies of Sahara Group, has started with the launch of Sahara Refund Portal,” Union Minister Amit Shah said while launching the refund portal.

How Much Can You Claim from Sahara Refund Portal?

The amount you can claim from the Sahara Refund Portal depends on your investment details with Sahara Group’s Cooperative Societies. Eligible investors who had deposited ₹10,000 or more may receive a first payment of up to ₹10,000. The total refund amount allocated is ₹5,000 crore. Depositors of Humara India Credit Cooperative Society Limited, Sahara Credit Cooperative Society Limited, and Saharayan Universal Multipurpose Society Limited with outstanding dues before March 22, 2022, are eligible for the refund. Similarly, depositors of Stars Multipurpose Cooperative Society Limited with outstanding dues before March 29, 2023, are also eligible for a refund.

Eligibility Criteria for Sahara Refund Portal ?

Depositors of Sahara Credit Cooperative Society Limited, Saharayan Universal Multipurpose Society Limited, and Hamara India Credit Cooperative Society Limited before March 22, 2022.

Depositors of Stars Multipurpose Cooperative Society Limited before March 29, 2023.

How to apply for Refund on Sahara Refund Portal ?

Depositors can visit the CRCS refund portal to initiate the application process. They will have to submit details such as:

Registration Link - https://mocrefund.crcs.gov.in/Depositor/Register

• Membership no.
• Deposit Account no.
• Aadhaar linked Mobile no. (Mandatory)
• Deposit certificates/ Passbook
• PAN card (if claim amount is Rs. 50,000/- and above) (Mandatory)
• For making the claim, the depositor’s Aadhaar should be linked to their Mobile numbers and Bank accounts. They will have to provide receipt details also. Shah also said that depositors will have to download a form, fill it and re-upload it on the portal for further processing of the refund.

1. Visit the official website of Sahara Refund Portal at https://mocrefund.crcs.gov.in/Depositor/Register.

2. Enter the last 4 digits of your Aadhaar Number, 10-digit Aadhaar-linked Mobile Number, and captcha on the Depositor Registration page.

3. Click on “Submit” to proceed.

4.Enter the last 4 digits of your Aadhaar Number and the 10-digit Aadhaar-linked Mobile Number on the Depositor Login page of the CRCS Portal.

5. Click “Six-digit Get OTP” to receive a One-Time Password (OTP) on your registered mobile number.

6. Enter the SIX Digit OTP received and click on “Verify OTP to Enter” to log in.

7. Give consent and accept the terms and conditions by clicking on “I Agree.”

8. On the Personal Details screen, provide your 12-digit Aadhaar Number and click on “Get OTP” to verify your details.

9. The details of the Aadhaar user, including first name, middle name, last name, date of birth (DOB), and Father/Husband name, will be displayed.

10. You can optionally enter your Email ID.

11. Provide details of the Certificate of Deposit.

12. Click on “Submit Claim” to proceed.

13. Fill in your refund claim details accurately, as corrections may not be possible later.

14. Attach a photograph as proof.

Why OTP Not Received On Registered Mobile Number

There could be several reasons why an OTP (One-Time Password) is not received on the registered mobile number during the registration process on the Sahara Refund Portal. Some common reasons include:

Network issue , Incorrect Mobile Number, 

Mobile Network Restrictions , Delay in delivery ,Full Inbox.

Supreme Court order 

In its order dated 29th March 2023, the Supreme Court of Inia said that Rs 5000 crore be transferred out of the ‘Sahara-SEBI Refund Account’ to the Central Registrar of Cooperative Societies (CRCS) for disbursement against the legitimate dues of the genuine depositors of Sahara Group of Cooperative Societies.

FAQ:- 

1) How do I claim my Sahara refund?

The depositor has to provide details of PAN card mandatorily, if claim amount is Rs. 50,000 and above, across all Sahara Societies. The depositor should have Aadhaar linked mobile number and Aadhaar seeded Bank account mandatorily without which, the claim request cannot be filed on the Portal.

2) मैं अपने सहारा रिफंड का दावा कैसे करूं?

यदि दावा राशि रुपये है तो जमाकर्ता को पैन कार्ड का विवरण अनिवार्य रूप से प्रदान करना होगा। सभी सहारा सोसायटियों में 50,000 और उससे अधिक । जमाकर्ता के पास आधार से जुड़ा मोबाइल नंबर और आधार से जुड़ा बैंक खाता अनिवार्य रूप से होना चाहिए, जिसके बिना पोर्टल पर दावा अनुरोध दायर नहीं किया जा सकता है।

3) How to apply for Sahara refund 2023 online?

First of all Candidates Need to Visit the Official Website of Central Registrar of Cooperative Societies (CRCS) mocrefund.crcs.gov.in Depositor Registration 2023. You will See Link of Sahara Refund Portal Depositor Registration 2023 Click on the Link.

4) How to apply for Sahara refund online?

Eligible depositors need to register on the Sahara Refund Portal. The registration process involves providing necessary details such as your Membership Number, the last 4 digits of your Aadhaar Number, Aadhaar-linked Mobile Number, and completing a captcha for verification.

5) Is Sahara refunding money?

Sahara Refund Portal has been launched for submission of claims by genuine depositors of Cooperative Societies of Sahara Group. The refund process of Rs. 5,000 crore to investors has already begin.