CRCS Sahara Refund Portal

(Central Registrar of Cooperative Societies (CRCS))

Portal Subject – Refunds of depositors of four Sahara Group Co-operative Societies

IMPORTANT DATES

• Portal Launch Date – 18 July 2023

• Last Date Not Specified

APPLICATION FEE

• No Application Fee

WHO CAN APPLY?

Eligible Depositor (legitimate depositors)

 

DOCUMENTS TO BE REQUIRED

Membership Number

Deposit Account Number

Aadhaar linked Mobile Number (Mandatory)

Deposit certificates / Passbook

PAN card (if claim amount is Rs. 50,000/- and above) (Mandatory)

CRCS Sahara Refund Portal

August 24st Update: If individuals encounter challenges in receiving the OTP from the Sahara India Refund Portal while entering their Aadhaar number, the issue could be attributed to technical glitches within the recently launched website. In such cases, it is recommended to remain patient and try the process again later. The technical team is actively working to resolve this matter. As time progresses, users can expect a smoother receipt of the OTP, allowing them to successfully register on the portal without any hindrances…

The inauguration of the Sahara Refund Portal took place on July 18, 2023, graced by the presence of Shri Amit Shah, the Honorable Union Minister for Home & Cooperation. This event signifies a significant stride towards returning investments to their rightful owners.

What sets the Sahara Refund Portal apart is its user-friendly interface, designed to ensure ease of use even for individuals with limited internet proficiency. Investors can now effortlessly reclaim their investments through a simple process, enhancing the simplicity and convenience of the refund procedure.

The operation of the Sahara Refund Portal has rekindled the hopes of numerous investors who have eagerly awaited the return of their hard-earned funds. This accomplishment underscores the government’s dedication to resolving persistent investment matters and cultivating a transparent and investor-friendly environment.

Beyond its role in providing financial relief to investors, the Sahara Refund Portal also bolsters confidence in the cooperative sector. As it continues to facilitate refunds, it is poised to make a positive impact on the lives of many individuals and families, alleviating financial burdens and offering much-needed respite.

In conclusion, the Sahara Refund Portal stands as evidence of the government’s resolute commitment to safeguarding investor interests and nurturing a robust cooperative ecosystem. Through this portal, the journey towards financial equity and empowerment for millions takes a significant leap forward.

Sahara Refund Portal :

The Central Registrar of Cooperative Societies (CRCS) has introduced the Sahara Refund Portal, a dedicated platform aimed at expediting refunds for investors associated with Sahara Group’s Cooperative Societies. The primary objective of this portal is to facilitate the return of approximately Rs. 5,000 crore to investors who have encountered significant delays in receiving their funds..

The inauguration of the Sahara Refund Portal took place on July 18, 2023, in the distinguished presence of Shri Amit Shah, the Hon’ble Union Minister for Home & Cooperation. The portal’s user-friendly interface has been thoughtfully crafted to provide a smooth and hassle-free experience for investors who wish to recover their investments..

CRCS Sahara Refund Portal Registration

The Sahara Refund Portal has been established by the Central Registrar of Cooperative Societies (CRCS) to facilitate the refund process for investors affiliated with Sahara Group’s Cooperative Societies. The portal’s primary goal is to assist these investors in retrieving their refunds through a straightforward and uncomplicated registration process.

To initiate the registration, investors are required to furnish essential details such as their Membership Number, the last four digits of their Aadhaar Number, and the Aadhaar-linked Mobile Number. The registration procedure incorporates an additional layer of security by utilizing OTP (One-Time Password) verification.

To initiate the registration process, individuals can simply access the official registration page at https://mocrefund.crcs.gov.in/Depositor/Register. This user-friendly platform has been meticulously designed to ensure a smooth experience for the multitude of depositors endeavoring to reclaim their trapped investments. With just a few easy steps, investors can promptly complete the registration on the portal and embark on their journey to recover their refunds.

Eligibility Criteria for CRCS Sahara Refund Portal – The genuine and legitimate Depositors of following four Sahara Societies are eligible for refund through the CRCS Sahara Refund Portal

i) Humara India Credit Cooperative Society Limited, Kolkata.

ii) Sahara Credit Cooperative Society Limited, Lucknow.

iii) Saharayan Universal Multipurpose Society Limited, Bhopal.

iv) Stars Multipurpose Cooperative Society Limited, Hyderabad

Who can apply?

The CRCS Sahara Refund Portal provides a chance for qualified depositors hailing from four Sahara group societies, namely Sahara Credit Cooperative Society Ltd., Saharayan Universal Multipurpose Society Ltd., Humara India Credit Cooperative Society Ltd., and Stars Multipurpose Cooperative Society Ltd., to initiate refund applications.

Eligibility Criteria for Filing a Claim – 

The Depositors must have made deposits & have outstanding dues receivable
before the following dates, for filing a claim request :

22nd March 2022 for – 

1. Humara India Credit Cooperative Society Limited, Kolkata.

2. Sahara Credit Cooperative Society Limited, Lucknow.

3. Saharayan Universal Multipurpose Society Limited, Bhopal.

29th March 2023 for:

1. Stars Multipurpose Cooperative Society Limited, Hyderabad.

(For more details check the User Manual & Official Website)

Online Apply Process for CRCS Sahara Refund –
To request a refund through the Sahara Refund Portal, just follow these straight forward steps
:

1. Go to the official website: https://mocrefund.crcs.gov.in/Depositor/Login.

2. Complete the registration process by entering your Aadhaar number, mobile number, and other essential details.

3. Verify your email address to facilitate future communication.

4. Log in to your account using your Aadhaar number and mobile number.

5. Familiarize yourself with the portal’s instructions and features to ensure a seamless application process.

6. Provide accurate and comprehensive information by filling out the online refund request form.

7. Upload the required documents, ensuring they meet the specified size limits.

8. Double-check all the information and documents for accuracy before proceeding to submit the refund request.

9. Finally, submit your refund request through the portal.

 

 

Refund Process & Amount for CRCS Sahara Refund –
In its initial phase, the refund portal is slated to disburse a total sum of Rs 5,000 crore
among depositors. During this phase, each depositor will have the opportunity to claim a maximum
amount of Rs 10,000. As part of a trial run, the portal will commence refunds of Rs 10,000 to
investors initially. Depending on the success of this trial, there might be a potential increase
in the refund amount in the future.

Sahara Refund Portal : In Case When OTP Not Received

If users encounter challenges in receiving the OTP via the Sahara India Refund Portal while entering their Aadhaar number, this issue could arise from technical glitches in the recently launched website. In such cases, it is advisable to exercise patience and attempt the process at a later time. The development team is actively addressing the matter, and over time, users should expect a seamless reception of the OTP, enabling them to complete their registration on the portal smoothly and without impediments.

Important Links

Apply Online

RegisterationLogin

Download User Manual (English)

Click Here

Download User Manual (Hindi)

CLICK HERE

Download FAQs

Click Here

Check Process in Video

CLICK HERE

Join Our Telegram Channel

Join Here

अब Jobs की अपडेट पाईये Instagram पर

Follow Here

Official website

Click Here

Common FAQs for CRCS Sahara Refund Portal :

Q1. What is CRCS Sahara Refund Portal?

Ans. The CRCS Sahara Refund Portal is an online platform established to facilitate the processing of refunds for depositors belonging to four Sahara Group Co-operative Societies, in accordance with the directive issued by the Hon’ble Supreme Court on March 29, 2023.

Q2. Is the CRCS Sahara Refund Portal secured?

Ans. Indeed, the CRCS Refund Portal is a secure online platform that employs an SSL Certificate for enhanced security..

Q3. Who are eligible for refund through the CRCS Sahara Refund Portal?

Ans. Legitimate depositors of the following four Sahara Societies are eligible to initiate refund requests via the CRCS Sahara Refund Portal :

  1. Humara India Credit Cooperative Society Limited, Kolkata.
  2. Sahara Credit Cooperative Society Limited, Lucknow.
  3. Saharayan Universal Multipurpose Society Limited, Bhopal.
  4. Stars Multipurpose Cooperative Society Limited, Hyderabad.

Q4. What is the eligibility criteria for filing a claim on the CRCS Sahara Refund Portal?

Ans. Depositors can file claim requests if their deposits were made and outstanding dues were accrued prior to the following dates :

22nd March 2022 for:

  1. Humara India Credit Cooperative Society Limited, Kolkata.
  2. Sahara Credit Cooperative Society Limited, Lucknow.
  3. Saharayan Universal Multipurpose Society Limited, Bhopal.

29th March 2023 for:

  1. Stars Multipurpose Cooperative Society Limited, Hyderabad.
Q5. Are there any applicable charges for filing the Claim form?

Ans. No, the submission of the Claim form is free of charge.

Q6. What are the steps to register on the CRCS Sahara Refund Portal?

Ans. Step 1 Depositor Registration:

Visit the Home Page of CRCS Sahara Refund Portal and click on

“Depositor Registration.” Fill in the details like last 4 digits of your

Aadhaar Card, and mobile number linked with Aadhaar, on the

Registration Page accurately. Click on “Get OTP” and enter the OTP

received. Click “Verify OTP” to complete the mandatory registration

process.

 Step 2: Depositor Login:

Visit the Home Page of CRCS Sahara Refund Portal and click on

“Depositor Login” Fill in the details like last 4 digits of your Aadhaar

Card, and mobile number linked with Aadhaar, on the Depositor

Login Page accurately. Click on “Get OTP” and enter the OTP received.

Click “Verify OTP” to login.

Q7. What details does a Depositor need to provide with the Claim Request form /  Application?

Ans. A Depositor should possess the following :

  1. Membership no.
  2. Deposit Account no.
  3. Aadhaar linked Mobile no. (Mandatory)
  4. Deposit certificates/ Passbook
  5. PAN card (if claim amount is Rs. 50,000/- and above) (Mandatory).

Q8. Is PAN number mandatory if the total claim amount is Rs. 50,000 and above?

Ans. Yes, a Depositor must provide PAN card details if the claim amount equals or exceeds Rs. 50,000, across all Sahara Societies.

Q9. What if I do not have a PAN card?

Ans. Yes, a Depositor must provide PAN card details if the claim amount equals or exceeds Rs. 50,000, across all Sahara Societies.

Q10. Are Aadhaar linked Mobile No. and Bank Account mandatory?

Ans. Yes, a Depositor must provide PAN card details if the claim amount equals or exceeds Rs. 50,000, across all Sahara Societies

Scroll to Top