In this article, we know about Sahara Refund Portal Apply Online, @mocrefund.crcs.gov.in, mocrefund.crcs.gov.in refund online, Eligible. On July 18, 2023, the Central Registrar of Cooperative Societies (CRCS), Ministry of Cooperatives, Government of India, unveiled the Sahara Refund Portal. This launch aims to deliver Rs 5000 crore to Sahara Group cooperative societies that have authorized members. Sahara Refund Portal was unveiled by Hon. Union Minister for Home & Cooperation Shri Amit Shah. The Sahara Refund Portal accepts online applications from qualified people on its official website, https://mocrefund.crcs.gov.in.
Sahara Refund Portal
mocrefund.crcs.gov.in refund online: The Union Cooperative Minister Amit Shah will reveal the Sahara Refund Portal on July 18, 2023, much to the delight of Sahara’s 10 crore depositors. With the use of our Sahara Refund Portal, the funds will be returned to Sahara depositors whose investment time has expired. On the Sahara Refund Portal, investors in the Sahara will find all pertinent information. We would like to let you know that this Sahara Refund Portal Launch activity is being carried out as a result of the Supreme Court’s decision.
 Industry | Conglomerate |
 Name | Sahara India Parivar |
 Founded In | 1978 (Gorakhpur, India) |
 Type | Private |
 Founder | Subrata Roy |
 Launch date | 18 July 2023 |
 Headquarters | Lucknow, Uttar Pradesh, India |
 Key people | Subrata Roy (Chairman) |
 Area served | Worldwide |
 Owner | Subrata Roy (100%) |
 Divisions | 80 plus |
 Number of employees | 12 lakhs (salaried, consultants, field workers, agents, and business associates) |
 Sahara Refund Portal | https://mocrefund.crcs.gov.in |
On behalf of investors who had money deposited through the Sahara Refund Portal, the Sahara Group’s Sahara Credit Cooperative Society Limited, and several other cooperative societies, the Ministry of Cooperation filed a petition with the Supreme Court. For their claims, the Supreme Court mandated that CRCS be paid Rs 5,000 crore.
mocrefund.crcs.gov.in Objectives of the Sahara Refund Portal
These cooperative societies go under the titles Sahara Credit Cooperative Society Limited, Saharayn Universal Multipurpose Society Limited, Hamara India Credit Cooperative Society Limited, and Stars Multipurpose Cooperative Society Limited. On March 29, the government pledged to refund the 10 crore investors in the four cooperative societies of the Sahara Group within nine months. The Sahara-SEBI refund account was ordered to transfer Rs 5,000 crore to the CRCS by the Supreme Court. To support Sahara Group cooperative society investors, the Ministry of Cooperation petitioned the Supreme Court. The Supreme Court mandated payment of Rs 5,000 crore to CRCS.
How to Apply for Sahara Refund Portal?
- Mocrefund.crcs.gov.in is the Sahara Refund Portal’s URL.
- Register with your details.
- your email address is verified.
- Register with your account.
- Review the features and instructions for the portal.
- assemble the necessary paperwork for your refund request.
- Complete the online form to seek a refund.
- Upload the required paperwork.
- Check all of your information and paperwork again.
- Send in your refund application.
- You can follow refund requests on the website.
- Please submit any documents or information needed.
- Get updates on refund requests.
- After approval, adhere to the refund procedures on the portal.
How will the portal work?
Your bank account, cell phone number, and the CRCS-Sahara Refund Portal will all be linked to your Aadhaar number for functionality. You will also need to supply receipt details. After completing a form, you can download it, complete it, and re-upload it to the site. The refund procedure will then begin.
Who is Eligible to Claim through the CRCS Sahara refund portal?
The first payout of up to Rs. 10,000 will be given to one crore investors who donated Rs. 10,000 or more through this platform, according to Union Minister Shah. He stated that when the Rs. 5,000 crore payment has been paid, the Supreme Court will receive another petition requesting that the money be restored to the other investors.
How long will it take to get a refund?
According to Mr. Shah, the money will be deposited into the claimant’s bank account within 45 days. The Home Minister advised using the Common Services Centers’ (CSC) digital services if there was any uncertainty.
What will CRCS Sahara Refund Portal do?
For the purpose of defending the interests of cooperative members, the CRCS-Sahara Refund Portal was developed. In particular, the Sahara Credit Cooperative Society Ltd, Saharayn Universal Multipurpose Society Ltd, Humara India Credit Cooperative Society Ltd, or the Stars Multipurpose Cooperative Society Ltd., as well as other cooperative societies owned by the Sahara Group, the portal will help in handling the legitimate claims of depositors who had money invested in them.
Documents required to Apply on the CRCS Sahara refund portal
- Deposit account number
- Mobile Number linked with Aadhaar (Mandatory)
- Membership number
- Certificate of Deposit/Passbook
- PAN Card (if the claim exceeds Rs.50,000)
