How to Successfully Claim on Sahara Refund Portal-13 Easy Steps

“Unlocking the Sahara Refund Portal: Essential Documents and Rules for a Successful Refund Application”

If you have invested in a scheme or deposit offered by Sahara but have now decided to seek a refund, you’re in the right place. Government of India a convenient and user-friendly refund portal that allows investors to claim their refunds with ease. This article will guide you through the process of successfully claiming a refund on Sahara Refund Portal.

Understanding Sahara’s Refund Portal

Questionnaire	Details Answer
Starting date for online application	18 July 2023
Name of the Portal	Sahara Refund Portal
Category	Finance
Introduced by	Central Registrar of Cooperative Societies (CRCS)
Company Type	Non Government Company
Announcement By	Home Minister Shri Amit Shah
Amount Recovered By Govt	Rs 5,000 crore
Company Owned By	Mr.Subrata Roy
Area served	Pan India
Headquarters	Lucknow, Uttar Pradesh, India
Incorporated	1978 – Gorakhpur
Eligibility Criteria	Open to Sahara’s 10 crore depositors whose investment tenure has expired.
Refund Portal	https://mocrefund.crcs.gov.in
Download User Manual	Click Here

Sahara’s Refund Portal is an online platform facilitate refund claims for its investors. It serves as a one-stop solution for individuals who wish to redeem their investments or deposits with the company. The portal is designed to simplify the refund process and ensure a smooth experience experience for all users.

Unveiling the Enigmatic Sahara Refund Portal

In a momentous feat, the Central Registrar of Cooperative Societies (CRCS), an esteemed body under the Ministry of Cooperatives, Government of India, has auspiciously launched the Sahara Refund Portal. The primary purpose behind this pioneering initiative is to facilitate the seamless refund of a staggering sum of Rs. 5,000 crore to the deserving members of the esteemed Sahara Group, who had been entangled in a prolonged financial quagmire.

The inauguration of the Sahara Refund Portal was an event of grandeur, graced by the esteemed presence of Shri Amit Shah, the Hon’ble Union Minister for Home & Cooperation, who officiated the launch. Aspirants seeking reparation can avail themselves of the portal’s services conveniently by visiting its official website at https://mocrefund.crcs.gov.in/. Reference Link Click Here

Let us now embark on an enlightening journey to unravel the intricate workings and the mystique surrounding the Sahara Refund Portal, delving into its multifaceted dimensions and the transformative implications it holds for the beneficiaries.

Please follow the steps below to claim from the Sahara Refund Portal

1.  Visit the Sahara Refund Portal at https://mocrefund.crcs.gov.in.

2. To register, enter the last 4 digits of your Aadhaar Number along with your 10-digit Mobile Number. Receive an OTP on the mobile number linked with your Aadhaar, and complete the registration process.

3. Click on the “Depositor Login” link.

4. Enter the OTP received on your mobile number.

5. Once logged in, you will see the Aadhaar consent link. Click on the “I Agree” button after accepting the terms and conditions, and proceed to the next page.

6. On the “Personal Details” screen, enter your 12-digit Aadhaar Number and click on “Get OTP Number.” You will receive an OTP on the mobile number linked with your Aadhaar.

7. Enter the OTP and click on the “Verify OTP” button.

8. After OTP verification, the system will provide you with Aadhaar user details such as First Name, Middle Name, Last Name, Date of Birth, and Father/Husband Name.

9. In the next step, you can provide an email address and click on the “Next” button.

10. On the claim details page, furnish the required information and upload the necessary certificates. Ensure that all the provided details on the website are correct. If not, use the edit link to make corrections before proceeding to the next step.

11. Once all the claim details are entered, the pre-filled claim request form will be prepared.

12. Affix your latest photograph and duly sign the claim form along with the photograph. If the claimed amount is above Rs. 50,000, also upload a PAN card copy using the “Upload Documents” button.

13. “Thank You” page will appear, displaying your claim request number. Please note down this number for future reference.

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Important information which is published by Govt. Portal

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In pursuit of these endeavors and to redress the concerns of veritable members/depositors of Sahara Group Cooperative Societies regarding payment of their valid deposits, the Ministry of Cooperation has lodged a petition in the Hon’ble Supreme Court.

The Hon’ble Supreme Court, in its order dated 29.03.2023, has decreed the quantification of valid dues owed to bonafide depositors of Sahara Group Cooperative Societies. It has directed the transfer of Rs 5,000 crore from the “Sahara-SEBI Refund Account” to the Central Registrar of Co-operative Societies (CRCS) for disbursement, which shall be executed directly into their respective bank accounts.

This process shall be conducted in the utmost transparent manner, contingent on the proper identification and submission of depositors’ identity and proof of deposit, duly substantiating their claims.

Consequently, the development of this portal has been undertaken by four cooperative societies, namely, Sahara Credit Cooperative Society Ltd., Saharayan Universal Multipurpose Society Ltd., Hamara India Credit Cooperative Society Ltd., and Stars Multipurpose Cooperative Society Ltd.

The primary aim is to present the valid claims of the bona fide depositors. The portal boasts user-friendliness, efficiency, and transparency, with the entire process being digitally facilitated. The website of the Ministry of Cooperation can be accessed at https://cooperation.gov.in. By logging into this portal, bonafide depositors of these societies can seamlessly submit their claims through the online application form available on the portal, and they are further required to furnish the necessary documentation.

Depositors are earnestly urged to ensure their Aadhaar-linked mobile number and bank account information, along with the requisite documents validating their claims and deposits. Within 30 days of the application submission, the Sahara Group of Co-operative Societies shall undertake verification.

The final decision shall be communicated via SMS or the portal, within 15 days, i.e., within 45 days from the date of submitting the online claim. It is of paramount importance that depositors submit all claims pertaining to the four societies in a single claim application form. Please note that only claims submitted online through the portal shall be entertained, and no fee is levied for the submission of claims.

Conclusion

Successfully claiming a refund on Sahara’s Refund Portal (Government of India’s Website) is a straightforward process if you meet the eligibility criteria and follow the step-by-step guide outlined in this article. Make sure to create an account, gather the necessary documents, and fill out the refund claim form accurately to expedite the process.

In case of any queries or concerns, don’t hesitate to reach out to customer support for assistance Toll Free Number ( 1800 103 6891 / 1800 103 6893 ). 

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