Sahara Refund Portal: CRCS Login, Direct Link, Claim your disbursed, Registration And Online Apply @mocrefund.crcs.gov.in

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The Central Registrar of Cooperative Societies (CRCS), Ministry of Cooperatives, Government of India, has recently launched the Sahara Refund Portal. This online portal, introduced on July 18, 2023, by the Hon’ble Union Minister for Home & Cooperation, Shri Amit Shah, aims to distribute Rs 5000 crore to authorized members of Sahara Group’s cooperative societies. The purpose of this initiative is to provide an opportunity for eligible depositors to reclaim their investments.

With the official website, https://mocrefund.crcs.gov.in, eligible depositors can easily apply for the refund through the user-friendly Sahara Refund Portal. This portal was created following a Supreme Court ruling that allows Sahara depositors to reclaim their funds.

Sahara Refund Portal

On July 18, 2023, the Union Cooperative Minister, Amit Shah, will introduce the Sahara Refund Portal, generating excitement among the 100 million Sahara depositors. This portal will enable investors, whose investment periods have ended, to receive their funds. The launch of the portal is in response to a ruling by the Supreme Court and aims to provide Sahara investors with all the necessary information regarding the refund process. The Ministry of Cooperation has taken this initiative to address the claims of investors who had deposited money with the Sahara Portal and Sahara Group’s cooperative societies, including Sahara Credit Cooperative Society Limited. The Supreme Court has directed the CRCS to allocate Rs 5,000 crore for these claims.

Sahara India Refund Highlights 2023

Overview	Sahara India Refund Portal
Name of the Portal	Sahara Refund Portal
Category	Finance
Introduced by	Central Registrar of Cooperative Societies (CRCS)
Company Type	Private Company
Launch Date	July 18, 2023
Introducer	Shri Amit Shah
Amount Transferred	Rs 5,000 crore
Chairman	Subrata Roy
Area served	Worldwide
Headquarters	Lucknow, Uttar Pradesh, India
Started On	1978 – Gorakhpur
Eligibility	Open to Sahara’s 10 crore depositors whose investment time has expired
Portal Website	https://mocrefund.crcs.gov.in

CRCS Sahara Refund Portal 

The CRCS Sahara portal connects individuals’ Aadhaar numbers with their mobile phones and bank accounts. Once the necessary receipt details are provided and the form is completed, the refund process is initiated. The claimed amount is transferred to the claimant’s bank account in a maximum of 45 days.

The Launch Date of Sahara Refund Portal 2023

Introducing the Sahara Portal on July 18, 2023, was an important measure taken to address the legitimate claims of depositors who had invested their hard-earned money in Sahara Group’s cooperative societies. This step was taken in response to a Supreme Court ruling that instructed the transfer of Rs. 5000 crore from the “Sahara-SEBI Refund Account” to CRCS for the payment of dues to eligible depositors.

Refund Portal CRCS Login 2023

The Sahara Refund Website CRCS Login is available on the official website: https://mocrefund.crcs.gov.in/Depositor/Login. Depositors can access this website to log in and apply for their refunds by following the instructions provided on the portal. This Website makes it easy for eligible individuals to log in and apply for their refunds. To access the portal, depositors need to provide their Aadhaar number, mobile number, and other necessary details. The portal is designed to simplify the refund process and provide a hassle-free experience for investors, allowing them to easily claim their dues.

CRCS Sahara Refund Portal Link 

To utilize the Sahara Refund Portal, depositors can simply go to the official website at https://mocrefund.crcs.gov.in. On this platform, they will discover all the essential details, guidelines, and functionalities to easily apply for their refunds.

Sahara Refund Portal CRCS Gov.In

Union Minister Amit Shah has introduced the ‘CRCS-Sahara Refund’ initiative in New Delhi, following the Supreme Court’s order to distribute Rs. 5000 Crores from the “Sahara-SEBI Refund Account” to genuine depositors of Sahara Group’s Cooperative Societies. This step aims to make it easier for depositors to receive their refunds. The newly launched portal provides an exclusive opportunity for one crore investors who had deposited Rs. 10,000 or more to claim an initial payment of up to Rs. 10,000. Once the Rs. 5,000 crore has been disbursed, further efforts will be made to return the remaining amount to other eligible investors through an appeal in the Supreme Court. Depositors who have invested in Sahara Group’s Cooperative Societies before specific cut-off dates can apply for their claims.

How will the CRCS portal work?

To ensure seamless functionality, your Aadhaar number needs to be linked with your mobile number, bank account, and the CRCS-Sahara Refund Portal. Additionally, it is important to provide receipt information. Once these steps are completed, you can download a form, fill it out, and upload it back to the portal. This will initiate the refund process.

Who Can Claim through the CRCS Sahara Refund Portal?

Union Minister Shah has announced that the first payment of up to Rs. 10,000 will be given to one crore investors who have donated Rs. 10,000 or more through this platform. Once the payment of Rs. 5,000 crore has been distributed, a further request will be made to the Supreme Court to refund the remaining investors.

The refund will be credited to the claimant’s bank account within 45 days after the submission of the claim on the CRCS Sahara refund portal.