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NAYAG Today > Latest Updates > Technology > Sahara Refund Portal Link: Sahara Refund Portal CRCS Login Steps
Technology

Sahara Refund Portal Link: Sahara Refund Portal CRCS Login Steps

Amardeep Singh
Last updated: 2023/07/19 at 9:39 AM IST
Amardeep Singh Published July 19, 2023
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Sahara Refund Portal Link
Sahara Refund Portal Link
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Sahara Refund Portal Link: The Union Government has introduced the CRCS-Sahara Refund Portal to assist depositors of the Sahara Group in reclaiming their money.

Contents
What is Sahara Refund Portal?Sahara Refund Portal Crcs Login StepsSahara Refund Portal LinkWhat is the eligibility criteria for filing a claim on CRCS-Sahara Refund Portal?FAQs related to Sahara Refund Portal1. How much money will be refunded?2. How long will it take to get a refund?3. What will CRCS Sahara Refund Portal do?4. How many depositors are eligible to claim up to Rs 10,000?5. Will further decisions be taken to address larger claims?

With the launch of this portal, crores of depositors can now initiate the process of retrieving their funds from the four cooperative societies of Sahara Group.

Let’s delve into the details of this new portal and understand how depositors can file their refund claims.

Sahara Refund Portal Link
Sahara Refund Portal Link

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What is Sahara Refund Portal?

The Union Government has recently launched the CRCS-Sahara Refund Portal to facilitate the return of money to depositors of the Sahara Group.

This portal aims to help crores of depositors claim their money back, which was stuck in four cooperative societies of Sahara Group. The launch of the Sahara Refund Portal marks the beginning of the process to return the money of depositors.

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Sahara Refund Portal Crcs Login Steps

To access the Sahara Refund Portal, depositors need to follow a few simple steps:

  1. Visit the official website of the CRCS-Sahara Refund Portal.
  2. Click on the login or registration option.
  3. Enter your credentials, including your Aadhaar-linked mobile number and bank account details.
  4. Provide the necessary receipt details.
  5. Download the form, fill it, and re-upload it on the portal for further processing of the refund.

Sahara Refund Portal Link

The link to access the Sahara Refund Portal online is https://mocrefund.crcs.gov.in. Depositors can visit this website to initiate their refund claims. It is essential to ensure that you access the official portal to safeguard your information and prevent fraud.

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

To file a claim on the CRCS-Sahara Refund Portal, depositors need to meet the following eligibility criteria:

  1. Depositors must be eligible members of four Sahara Group societies: Sahara Credit Cooperative Society Ltd., Saharayan Universal Multipurpose Society Ltd., Humara India Credit Cooperative Society Ltd., and Stars Multipurpose Cooperative Society Ltd.
  2. The depositor’s Aadhaar should be linked to their mobile number and bank account.
  3. Receipt details of the investment should be provided.
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It is crucial to fulfill these eligibility requirements to ensure a smooth refund process.

FAQs related to Sahara Refund Portal

Here are some frequently asked questions regarding the Sahara Refund Portal:

1. How much money will be refunded?

In the initial phase, the refund portal aims to disburse up to Rs 5000 crore to depositors. However, each depositor will be eligible to receive only Rs 10,000 in the first phase. The refund amount may be increased gradually if the trial succeeds.

2. How long will it take to get a refund?

The Union Home Minister, Amit Shah, has assured depositors that the money will be deposited into their bank accounts within 45 days of filing a claim on the Sahara Refund Portal.

3. What will CRCS Sahara Refund Portal do?

The CRCS-Sahara Refund Portal aims to protect the interests of members of the Sahara Group’s cooperative societies. It provides a platform to address the genuine claims of depositors who had invested money in Sahara Group’s cooperative societies, namely Sahara Credit Cooperative Society Ltd., Saharayan Universal Multipurpose Society Ltd., Humara India Credit Cooperative Society Ltd., and Stars Multipurpose Cooperative Society Ltd.

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4. How many depositors are eligible to claim up to Rs 10,000?

As per Amit Shah’s statement, approximately 1 crore and 7 lakh investors can register on the refund portal and claim up to Rs 10,000 in the initial phase. Overall, there are 4 crore depositors who are eligible to receive up to Rs 10,000.

5. Will further decisions be taken to address larger claims?

Amit Shah stated that once the initial phase succeeds, further decisions will be made to address the claims of depositors who have higher amounts stuck in the Sahara Group’s cooperative societies. The entire refund process will be conducted online for convenience and transparency.

YouTube video

The launch of the CRCS-Sahara Refund Portal provides hope for the depositors of Sahara Group, enabling them to claim their hard-earned money.

With the online portal and streamlined process, the government aims to ensure a hassle-free and transparent refund mechanism.

By adhering to the eligibility criteria and following the necessary steps, depositors can make their claims and anticipate the return of their funds within a reasonable timeframe.

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