Tuesday, 25 July 2023

Sahara Refund Portal Launch

 

Sahara Refund Portal Launch 

The Sahara Refund Portal was officially launched on July 18, 2023, by the Central Registrar of Cooperative Societies (CRCS), Ministry of Cooperatives, Government of India. This portal aims to facilitate the refund process for almost 10 crore investors of Sahara Group’s Cooperative Societies, who have been waiting to get their investments back. The launch of the Sahara Refund Portal by Hon’ble Union Minister for Home & Cooperation, Shri Amit Shah, marked a significant step towards providing relief to those affected by the Sahara scam and ensuring transparency in the refund process.


Sahara Refund Portal


The Sahara Refund Portal is a platform launched by the Central Registrar of Cooperative Societies (CRCS) to facilitate refunds for investors of Sahara Group’s Cooperative Societies. It aims to return approximately Rs. 5,000 crore to those whose investments have been stuck for a considerable period. The portal was inaugurated by Hon’ble Union Minister for Home & Cooperation, Shri Amit Shah, on July 18, 2023. With a user-friendly interface, the Sahara Refund Portal aims to provide a seamless experience for reclaiming investments. It was created in response to the Supreme Court’s decision to ensure transparency and offer a 100% guarantee for investors to get their money back.


OverviewSahara Refund Portal
Portal NameSahara Refund Portal
CategoryFinance
Launch DateJuly 18, 2023
Refund AmountUp to ₹10,000
Registration & Login Linkhttps://mocrefund.crcs.gov.in/Depositor/Register
RegistrationAadhaar-linked Mobile Number
Loginlast 4 digits of Aadhaar Number
10-digit Aadhaar-linked Mobile Number
OTP Not ReceivedClick on “Resend OTP”
Documents Needed
  1. Membership Number
  2. Deposited Account Number
  3. Aadhaar linked with an active mobile number
  4. Passbook details of the deposit
  5. PAN card (for claim amounts of Rs 50,000 and above)
Official WebsiteHttps://mocrefund.crcs.gov.in


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

Users encountering difficulties with receiving the OTP on the Sahara India Refund Portal while entering their Aadhaar number might be due to technical glitches on the recently launched website. To resolve this issue, it is recommended to be patient and attempt the process again later. The developers are likely working to fix the problem, and with time, users should be able to receive the OTP and complete their registration on the portal smoothly.


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