The Sahara Refund Portal 2024 was created by the Indian government. The CRCS Sahara Refund Portal 2024 was launched by the Indian government in order to reimburse all investors who lost money in the Sahara fraud. The government has announced that Sahara Group depositors have received payment of Rs 370 crore through the CRCS-Sahara refund portal. On July 18, 2023, the CRCS-Sahara refund site became live in order to make it easier for Sahara depositors to get their money back. In this article you get every necessary information regarding this portal such as objective, benefits, eligibility, documents and apply online.
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CRCS Sahara Refund Portal
The CRCS Sahara Refund Portal was launched by the Union Home Minister and Minister of Cooperation to assist all Indian nationals whose money is entangled in the Sahara fraud. This sum is intended to pay actual members of the Sahara Group of Cooperative Societies their outstanding dues.
In order to receive their money back straight into their bank account, depositors need to provide documentation supporting their claims and confirmation of identification. The authorities state that the resubmission of the application will be handled within 45 days after it is received. Applicants can also log in and track the status of their applications online by visiting the official website.
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Overview Of CRCS Sahara Refund Portal
| Name of the portal | CRCS Sahara Refund Portal |
| Launched by | Government of India |
| Beneficiaries | Investors in Sahara fund |
| Objective | Refund portal |
| Application mode | Online |
| Official website | mocrefund.crcs.gov.in |
Objective Of CRCS Sahara Refund Portal
The main objective of the portal is to distribute the funds to all investors who lost money in the Sahara fraud.
Benefits Of CRCS Sahara Refund Portal
Investors don’t need to leave their homes to submit an online application for a refund claim.
Many investors would benefit from this arrangement, which will allow them to receive their return 45 days after applying.
The online application mechanism for the website saved both the government and applicants a great deal of time and effort.
All investors who lost money in the Sahara scam would be able to obtain their money back with the aid of this website.
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Eligibility Criteria Of CRCS Sahara Refund Portal
- The depositors need to have made their deposit before 22 March 2022, and they need to owe money to Sahara Credit Cooperative Society Limited, Humara India Credit Cooperative Society Limited, and Saharayan Universal Multipurpose Society Limited.
- The depositors must have deposited before 29 March 2023 and they must still owe Stars Multipurpose Cooperative Society Limited money.
Required Documents Of CRCS Sahara Refund Portal
- Aadhaar card
- Membership number
- PAN card
- Deposit account number
- Passbook
- Deposit certificate
- Mobile number
Applying Procedure Of CRCS Sahara Refund Portal
- First you have to visit the Official Website of the portal.
- The homepage will appear on your screen.
- Click on the Depositor Register option.
- A new page will appear on your screen.
- Enter your Aadhaar card and mobile number.
- Click on the GET OTP option.
- Enter the received OTP on the registered number.
- Click on the submit button.
Login Procedure
- First you have to visit the Official Website of the portal.
- The homepage will appear on your screen.
- Click on the Depositor Register Login option.
- A new page will appear on your screen.
- Enter your Aadhaar card and mobile number.
- Enter the received 6 digit OTP on your mobile number.
- You have to accept the UIDAI terms and conditions and tick the agree box.
- The details will appear on your screen.
Check Status Procedure
- First you have to visit the Official Website of the portal.
- The homepage will appear on your screen.
- Click on the Login option.
- After verifying the OTP.
- A new page will appear on your screen.
- Click on the NEXT option.
- The applicant can examine and amend their claims on the claim details page, which will appear up on your screen.
FAQ’s
What is CRCS full form?
Central Registrar of Cooperative Societies(CRCS) Refund Portal.
What is the main objective of this CRCS Sahara Refund Portal?
The primary goal of the CRCS Sahara Refund Portal 2024 launch is to distribute the funds to all investors who lost money in the Sahara fraud.
If the entire claim amount is Rs. 50,000 or above, is the PAN number required?
Yes, in all Sahara Societies, if the claim amount is Rs. 50,000 or above, the depositor is required to furnish PAN card information.
What is the most amount of money I can get using the portal?
The maximum reimbursement amount is limited to Rs. 10,000 or less, based on the total value of all of your claims that you have filed through the CRCS-Sahara Refund Portal.