The Sahara Refund Portal has been successfully launched by the Central Registrar of Cooperative Societies (CRCS), a division of the Ministry of Cooperatives in the Government of India. For over 100 million Sahara Group members, this is a fantastic news. The platform seeks to repay roughly 5,000 crore rupees to investors whose money has been sitting idle for a very long time.
Shri Amit Shah Ji, Minister of Home Affairs of India, formally opened the Sahara Refund Portal on July 18, 2023. People who are not particularly familiar with the internet can quickly and hassle-free retrieve their investments thanks to the portal’s user-friendly design.
Sahara Refund Portal Login Overview
|Portal Name||Sahara Refund Portal|
|Launch Date||July 18, 2023|
|Beneficiaries||All Sahara Group Investors|
|Total Investors||Approx 10 Crore|
|Refund Amount||Up to ₹10,000|
|Official Website for Registration & Login||mocrefund.crcs.gov.in|
|Registration||Through Aadhaar-linked Mobile Number|
|Login||Last 4 digits of Aadhaar Number|
10-digit Aadhaar-linked Mobile Number
|Documents Needed||Membership Number, Deposited Account Number, Aadhaar linked with a valid mobile number, Certificate/Passbook, details of the deposit, PAN card (for claim amounts of Rs 50,000 and above)|
Sahara Refund Portal Claim Amount
Sahara Refund Portal enables nearly 100 million investors of the cooperative societies owned by the Sahara Group to get their money back. In addition to assisting those impacted by the Sahara fraud, this guarantees a fair and transparent refund procedure. Depending on how much you invested in the Sahara Group’s cooperative societies, you can receive a certain amount via the Sahara Refund Portal. You might be given an initial payment of up to 10,000 if you invested 10,000 or more. Refunds are available for a total of 5,000 crore.
You may receive your money back if you invested in Humara India Credit Cooperative Society Limited, Sahara Credit Cooperative Society Limited, or Saharayan Universal Multipurpose Society Limited and you are still in debt as of March 22, 2022. You may also be eligible for a refund if you invested in Stars Multipurpose Cooperative Society Limited and have outstanding debts as of March 29, 2023.
Sahara Refund Portal Registration
The Central Registrar of Cooperative Societies (CRCS) has made the Sahara Refund Portal registration a straightforward procedure. Investors in the Cooperative Societies of the Sahara Group can easily register on the portal to collect their reimbursements. Millions of depositors can easily recover their stranded savings thanks to our user-friendly service.
The only necessary information to register is your Membership Number, your Aadhaar Number’s last four digits, and your Aadhaar-linked mobile number. You will complete the registration once you have confirmed with an OTP. To get started, go to https://mocrefund.crcs.gov.in/Depositor/Register, which is the official registration page.
Sahara Refund Portal Login
For investors in the Sahara Group’s cooperative societies, logging into the CRCS Sahara Refund Portal is a critical step in the refund process. 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 be given a unique password (OTP) to validate their identification after providing these credentials. They can access their accounts and start the process of getting their money back after entering the OTP. This safe and straightforward login approach is intended to make it easy for qualified users to access the website and begin the refund process.
Sahara Refund Portal not working issue
At times it may happen that Sahara Refund Portal may not work due to technical issues. For depositors attempting to access the platform to apply for their refunds, there can be difficulties. To learn about the problem’s resolution and when the portal will be operational once more, it is advisable to follow official statements and updates from the Central Registrar of Cooperative Societies (CRCS) or the Ministry of Cooperatives.
Sahara Refund Portal OTP not received
At times if you enter your Aadhaar number on the Sahara India Refund Portal and request an OTP, you might not receive it on your mobile device. This problem is causing a lot of users to struggle. Given that the Sahara India Refund Portal just went live, it is likely that there are some website-related technical challenges at play. I suggest delaying till the issue is resolved. Later, hopefully the problem may be fixed, so you can try again after a few days.