The Central Registrar of Cooperative Societies (CRCS), which is part of the Government of India's Ministry of Cooperatives, has successfully launched the Sahara Refund Portal. As it seeks to reimburse investors whose investments have been imprisoned for a considerable amount of time with around Rs. 5,000 crore, this portal represents a glimmer of hope for the over 10 million Sahara Group members. On July 18, 2023, Shri Amit Shah, the Hon. Union Minister for Home & Cooperation, formally opened the Sahara Refund Portal. Even those with little online experience can utilize the portal's user-friendly layout to easily recover their investments.
Sahara Refund Portal
The Central Registrar of Cooperative Societies (CRCS) created the Sahara Refund Portal as a platform to make refunds for investors of Sahara Group Cooperative Societies easier. It plans to repay about Rs. 5,000 crore to investors whose investments have been inactive for a sizable amount of time. On July 18, 2023, Shri Amit Shah, the Hon'ble Union Minister for Home & Cooperation, officially opened the portal. The Sahara Refund Portal strives to offer a seamless experience for reclaiming investments with a user-friendly interface. In response to the Supreme Court's ruling, it was developed to assure transparency and provide investors with a 100 percent money-back guarantee.
Sahara Refund Portal Status Check Online
Portal Name | Sahara Refund Portal |
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Launch Date | July 18, 2023 |
Login | Last 4 digits of Aadhaar Number |
Refund Amount | Up to ₹10,000 |
Registration By | Aadhaar-linked Mobile Number |
Documents Needed |
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Official Website | https://mocrefund.crcs.gov.in |
Details Required to Check Application Status | Aadhar Card Number and Aadhar Card Linked Mobile Number Etc. |
Registration Mode | Online |
Category | Finance |
Sahara Refund Portal Launch Date
On July 18, 2023, the Central Registrar of Cooperative Societies (CRCS), Ministry of Cooperatives, Government of India, formally inaugurated the Sahara Refund Portal. This website promises to speed up the refund procedure for the almost 10 crore cooperative society investors who have been waiting to receive their money back. In order to help people impacted by the Sahara fraud and provide openness in the refund procedure, the Hon'ble Union Minister for Home & Cooperation, Shri Amit Shah, launched the Sahara Refund Portal.
How Much Can You Claim from Sahara Refund Portal?
Your investment information with the cooperative societies owned by the Sahara Group determines how much you are eligible to receive from the Sahara Refund Portal. A initial payment of up to 10,000 may be made to eligible investors who have made a deposit of 10,000 or more. The allocated sum for refunds is 5,000 crore. The reimbursement is available to depositors with unpaid balances at Humara India Credit Cooperative Society Limited, Sahara Credit Cooperative Society Limited, and Saharayan Universal Multipurpose Society Limited by March 22, 2022. Also qualified for a refund are depositors of Stars Multipurpose Cooperative Society Limited who have unpaid dues as of March 29, 2023.
CRCS Sahara Refund Portal Registration
The Central Registrar of Cooperative Societies (CRCS) has started a simple Registration Process for the Sahara Refund Portal. Investors in the cooperative societies owned by the Sahara Group can easily register on the platform to request refunds. Investors can successfully finish the registration by providing necessary information including their Membership Number, the last four digits of their Aadhaar Number, and an Aadhaar-linked Mobile Number, and then validating through an OTP. You can register by going to https://mocrefund.crcs.gov.in/Depositor/Register, which is the official registration page. Millions of depositors looking to recover their locked savings will have a smooth experience thanks to our user-friendly website.
CRCS Sahara Refund Portal Login
Investors in the Cooperative Societies of the Sahara Group must first log into the CRCS Sahara Refund Portal in order to access their refund claims. Investors must log in using their 10-digit Aadhaar-linked mobile number and last four digits of their Aadhaar number at https://mocrefund.crcs.gov.in/Depositor/Login. Investors will receive an OTP (One-Time Password) after submitting the necessary information for verification. They can access their accounts and continue with the refund process after entering the OTP. Eligible depositors can easily explore the portal and start their refund claims thanks to this secure and user-friendly login mechanism.
Eligibility Criteria for Sahara Refund Portal
- Prior to March 22, 2022, Sahara Credit Cooperative Society Limited, Saharayan Universal Multipurpose Society Limited, and Hamara India Credit Cooperative Society Limited depositors.
- Stars Multipurpose Cooperative Society Limited depositors that make their deposits before March 29, 2023.
Sahara Refund Portal: Documents needed
- Membership Number
- Deposited Account Number
- Aadhaar linked with an active mobile number
- Certificate/Passbook details of the deposit
- PAN card (for claim amounts of Rs 50,000 and above)
How To Apply For Sahara Refund Portal
Follow these procedures to submit a Refund request on the Sahara Refund Portal:
- Go to the Sahara Refund Portal's official website at https://mocrefund.crcs.gov.in/Depositor/Register.
- On the Depositor Registration screen, enter the captcha, your 10-digit Aadhaar-linked Mobile Number, and the last four digits of your Aadhaar Number.
- Press "Submit" to continue.
- On the Depositor Login page of the CRCS Portal, enter your 10-digit Aadhaar-linked Mobile Number and the last four digits of your Aadhaar Number.
- Select "Six-digit Get OTP" to request a One-Time Password (OTP) to be sent to your registered mobile number.
- To log in, enter the SIX-DIGIT OTP that you just received and press the "Verify OTP to Enter" button.
- By selecting "I Agree," you agree to the terms and conditions.
- Enter your 12-digit Aadhaar number on the Personal Details screen, then click "Get OTP" to confirm your information.
- The Aadhaar user's information would be presented, including first name, middle name, last name, date of birth (DOB), and father's or husband's name.
- Entering your email ID is optional.
- Describe the Certificate of Deposit in detail.
- To continue, click "Submit Claim".
- Be sure to enter all of your refund claim information precisely because changes may not be available afterwards.
- Attach a photograph as proof.
Sahara Refund Portal OTP Not Received Problem
There may be technical issues with the recently established website if users are having trouble getting the OTP while inputting their Aadhaar number on the Sahara India Refund Portal. It is advised to wait and try the process again later to fix this problem. Users should eventually be able to successfully register on the portal and obtain the OTP since the developers are probably working to fix the issue.
Why OTP Not Received On Registered Mobile Number
There could be a variety of causes for an OTP (One-Time Password) not being sent to the registered cellphone number during the Sahara Refund Portal registration procedure. Typical explanations include
- Network Problems: There may be brief network problems that prevent the OTP from reaching your mobile number.
- Incorrect mobile number: Make sure you registered with the right 10-digit Aadhaar-linked mobile number by double-checking your entry.
- Mobile Network limits: Certain OTP messages may be blocked by filters or limits applied by some mobile network operators.
- Delivery Delay: On occasion, network congestion or other technical issues may cause a delay in obtaining the OTP.
- Full Inbox: The OTP message might not be delivered if your mobile inbox is full. Once more, make some space.
Check to see if your mobile operator has blocked the OTP message or if it was unintentionally sent to your spam folder.
It is advised to wait a few minutes and try again if you have any problems receiving the OTP. If the issue continues, you can ask for help by contacting the Sahara Refund Portal's support or helpline.
Important Links to Sahara Refund Portal
Direct Link To Check Application Status | Click Here |
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Visit Official Website | Click Here |
Join Us For Regular Updats | Click Here |
Join Our WhatsApp Group | Click Here |
CRCS Sahara Refund Portal Registration Link | Click Here |
FAQ's on Sahara Refund Portal
How do I check the status of my Sahara refund application?
By going to mocrefund.crcs.gov.in and logging in, you should continue checking the application. You can check the status of your Sahara Refund at mocrefund.crcs.gov.in after logging in with your Aadhar Number and Aadhar Linked Mobile Number.
How to apply for Sahara refund 2023?
The official website for the Crcs Sahara Refund Portal is mocrefund.crcs.gov.in. Investors who wish to request a refund from Sahara India may do so online at mocrefund.crcs.gov.in in 2023.
Conclusion
In this article, we not only explained how to check the status of a Sahara refund application to all Sahara investors, but also how to check the status of a Sahara refund application in India, so you may submit your refund application with ease. You can use this feature to check the status and benefit from it.
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