Good news for investors! The CRCS Sahara Refund Portal is here to make your refund process hassle-free.
Important Dates and No Application Fee
Mark your calendars! The portal was launched on July 18, 2023, and there’s no application fee.
Who Can Apply?
Find out who’s eligible to apply for refunds through this portal.
Documents You’ll Need
Learn about the essential documents required for your refund application.
CRCS Sahara Refund Portal: A Game-Changer
Discover how this user-friendly portal is changing the game for investors.
The Inauguration Day
Recall the inauguration day when Shri Amit Shah graced the event.
A Hopeful Future
Understand how this portal is giving hope to countless investors waiting for their funds.
Boosting Confidence in Cooperatives
See how the portal is not just about refunds but also about confidence in cooperatives.
Conclusion
Summing up the article’s main points.
Article:
Great news for investors! The Central Registrar of Cooperative Societies (CRCS) has introduced the CRCS Sahara Refund Portal, a dedicated platform that aims to expedite refunds for investors associated with Sahara Group’s Cooperative Societies. This portal is designed to help investors get back approximately Rs. 5,000 crore that has been delayed in reaching them.
On July 18, 2023, Shri Amit Shah, the Honorable Union Minister for Home & Cooperation, graced the inauguration of the Sahara Refund Portal. The best part? The portal is incredibly user-friendly, making it easy for people with limited internet experience to reclaim their investments.
CRCS Sahara Refund Portal Registration Process
Let’s dive into the registration process for the CRCS Sahara Refund Portal. This platform is here to make it as simple as possible for investors to get their money back.
Who Can Apply?
Not everyone can apply. You need to be a legitimate depositor, and there are four Sahara Group societies eligible for refunds:
- Humara India Credit Cooperative Society Limited, Kolkata.
- Sahara Credit Cooperative Society Limited, Lucknow.
- Saharayan Universal Multipurpose Society Limited, Bhopal.
- Stars Multipurpose Cooperative Society Limited, Hyderabad.
Eligibility Criteria for Filing a Claim
You must have made deposits and have outstanding dues receivable before specific dates, depending on the society you’re part of. For detailed information, check the User Manual and the Official Website.
The Online Application Process
Now, let’s get into the nitty-gritty of applying for a refund through the Sahara Refund Portal. It’s easier than you think.
- Go to the official website: https://mocrefund.crcs.gov.in/Depositor/Login.
- Complete the registration process by entering your Aadhaar number, mobile number, and other essential details.
- Verify your email address to facilitate future communication.
- Log in to your account using your Aadhaar number and mobile number.
- Familiarize yourself with the portal’s instructions and features to ensure a seamless application process.
- Provide accurate and comprehensive information by filling out the online refund request form.
- Upload the required documents, ensuring they meet the specified size limits.
- Double-check all the information and documents for accuracy before proceeding to submit the refund request.
- Finally, submit your refund request through the portal.
How Much You Can Get
In its initial phase, the refund portal is set to distribute a total sum of Rs 5,000 crore among depositors. During this phase, each depositor will have the opportunity to claim a maximum amount of Rs 10,000. This is a trial run, and depending on its success, there might be more in the future.
What if You Don’t Receive the OTP
Sometimes, the OTP might not arrive when you need it. This can be due to technical glitches in the website. If that happens, don’t worry. The development team is actively working on it, and soon, you should have a seamless experience receiving the OTP.
Useful Links
Here are some important links for your convenience:
- Apply Online
- [Download User Manual (English)](insert link)
- [Download User Manual (Hindi)](insert link)
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- [Check Process in Video](insert link)
- [Download Mobile App](insert link)
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Common FAQs
Here are some common questions answered:
Q1. What is CRCS Sahara Refund Portal?
Ans. The CRCS Sahara Refund Portal is an online platform established to facilitate the processing of refunds for depositors belonging to four Sahara Group Co-operative Societies, in accordance with the directive issued by the Hon’ble Supreme Court on March 29, 2023.
Q2. Is the CRCS Sahara Refund Portal secured?
Ans. Indeed, the CRCS Refund Portal is a secure online platform that employs an SSL Certificate for enhanced security.
Q3. Who are eligible for refund through the CRCS Sahara Refund Portal?
Ans. Legitimate depositors of the following four Sahara Societies are eligible to initiate refund requests via the CRCS Sahara Refund Portal:
- Humara India Credit Cooperative Society Limited, Kolkata.
- Sahara Credit Cooperative Society Limited, Lucknow.
- Saharayan Universal Multipurpose Society Limited, Bhopal.
- Stars Multipurpose Cooperative Society Limited, Hyderabad.
Q4. What is the eligibility criteria for filing a claim on the CRCS Sahara Refund Portal?
Ans. Depositors can file claim requests if their deposits were made and outstanding dues were accrued prior to specific dates.
Q5. Are there any applicable charges for filing the Claim form?
Ans. No, the submission of the Claim form is free of charge.
Q6. What are the steps to register on the CRCS Sahara Refund Portal?
Ans. Step 1 is Depositor Registration, and Step 2 is Depositor Login. Follow the simple instructions to get started.
Q7. What details does a Depositor need to provide with the Claim Request form/Application?
Ans. A Depositor should possess the following: Membership number, Deposit Account number, Aadhaar linked Mobile number (Mandatory), Deposit certificates/Passbook, PAN card (if claim amount is Rs. 50,000/-