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 crores, 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 2023 Overview
|
Sahara
Overview |
Sahara
Refund Portal |
|
Portal Name |
Sahara Refund Portal |
|
Category |
|
|
Launch Date |
July 18, 2023 |
|
Refund Amount |
Up to ₹10,000 |
|
Registration & Login Link |
Given Below |
|
Registration |
Aadhaar-linked Mobile Number |
|
Login
|
last 4 digits of the Aadhaar
Number |
|
OTP Not Received |
Click on “Resend OTP” |
|
Documents Needed |
Given Below |
|
Official Website |
Https://mocrefund.crcs.gov.in |
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. 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. An 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 the necessary information including their Membership Number, the last four digits of their Aadhaar Number, and an Aadhaar-linked Mobile Number, and then validated 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 Registration Link
Login to the CRCS Sahara Refund Portal
Investors in the Cooperative Societies of the Sahara Group must first log onto 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 the 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
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.
Sahara Refund Portal: Documents needed
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)
Also Read
How To Apply For Sahara Refund Portal
To apply for a refund on the Sahara Refund Portal, follow these steps:
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.
Sahara Refund Portal OTP Not Received
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 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 Issues: There might be temporary network issues that could prevent the delivery of the OTP to your mobile number.
- Incorrect Mobile Number: Double-check that you have entered the correct 10-digit Aadhaar-linked mobile number during registration.
- Mobile Network Restrictions: Some mobile network providers may have restrictions or filters that block certain OTP messages.
- Delay in Delivery: In some cases, there might be a delay in receiving the OTP due to network congestion or other technical reasons.
- Full Inbox: If your mobile inbox is full, the OTP message may not be delivered. Clear some space and try again.
- Spam/Blocked Messages: Check if the OTP message has been mistakenly sent to the spam folder or if your mobile provider has blocked the messages.
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.
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