The Sahara Refund Portal is a website launched by the Central Government in July 2023 to help depositors of Sahara Group claim their money back. The portal can be accessed at https://mocrefund.crcs.gov.in.
To apply for a refund, depositors need to provide their membership number, deposit account number, Aadhaar-linked mobile number, deposit certificates/passbook, and PAN card (if claim amount is Rs. 50,000/- and above). Once the application is submitted, it will be processed by the CRCS and Sahara Societies within 45 days. If the application is approved, the refund will be credited to the depositor’s bank account through the DBT mode.
The status of the refund application can be checked on the Sahara Refund Portal. If the application is still under process, it will show the status as “Pending”. Once the application is approved, the status will change to “Approved” and the refund will be credited to the depositor’s bank account within 7 days (for refunds below Rs. 50,000) or 1-2 weeks (for refunds above Rs. 50,000).
The Sahara Refund Portal is a convenient and hassle-free way for depositors to claim their money back. It is important to note that only depositors who have invested in Sahara Group’s four cooperative societies (Sahara Mutual Benefit Co-operative Society Limited, Sahara India Real Estate Corporation Limited, Sahara Housing Investment Corporation Limited, and Sahara Infrastructure Investment Corporation Limited) are eligible to apply for a refund.
Here are some additional details about the Sahara Refund Portal:
- The portal is available in Hindi and English.
- Depositors can apply for a refund online or offline.
- The offline application form can be downloaded from the Sahara Refund Portal website.
- The portal is accessible 24/7.
- There is no charge for applying for a refund.
If you have any questions about the Sahara Refund Portal, you can contact the CRCS helpdesk at 1800-267-0004.