The CRCS-Sahara Refund Portal is a platform launched by the Union of India to facilitate the refund process for crores of depositors of Sahara Group's cooperative societies.

How much money will be refunded through the Sahara Refund Portal?

In the initial phase, the refund portal will disburse up to Rs 5000 crore to depositors. Each depositor will be able to claim Rs 10,000 in the first phase. This is part of a trial initiative, and the refund amount may be increased based on the trial's success.

What are the conditions for claiming a refund on the Sahara Refund Portal?

To claim a refund on the Sahara Refund Portal, depositors need to meet two conditions. Firstly, their Aadhaar should be linked to their mobile numbers and bank accounts. Secondly, they will have to provide receipt details and fill out a form, which they will then need to re-upload on the portal for further processing of the refund.
Terming this a historic moment, Shah said depositors will get their refund in 45 days after registering themselves on the portal. “The process of returning the money of depositors, which was stuck in four cooperative societies of Sahara Group, has started with the launch of Sahara Refund Portal,” the Union Home Minister said.

How to claim the money back from the CRCS-Sahara refund portal?

According to Amit Shah, depositors need two important things: Aadhaar registration with mobile and Aadhaar-linking with the bank account where refund is to be deposited.

Depositors will also require to provide receipt details, and that they will need to download a form, fill it and re-upload it on the portal for processing of the refund.

Shah said that the Common Services Centre would also help and guide depositors for online registration on the portal for refund.

Source Of information:-

https://mocrefund.crcs.gov.in/

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