₹10000 each into their bank accounts today, soon all the investors will get their money back, read the Ministry of Cooperation press release Once the claim is submitted, Sahara Society will verify and process the claim within 30 days. The authorised verifiers and CRCS will process the claim in the next 15 days after the verification is completed.
The refund will be credited to depositors' bank accounts within 45 days after filing their online claims, subject to fund availability and verification. They will be intimated of the status through SMS/Portal.
Once the refund is credited to the depositors' account, they will be intimated of the status through SMS or email. They can also check the Sahara portal for the same.
As per the Sahara refund portal website, an acknowledgment number will be displayed on the portal upon the successful filing of the claim, and a confirmation SMS will also be sent to the depositor's registered mobile number, The link to the website to apply for Sahara Refund online is https://mocrefund.crcs.gov.in The portal has been developed for the submission of claims by genuine depositors of Cooperative Societies of Sahara Group -- Sahara Credit Cooperative Society Limited, Saharayan Universal Multipurpose Society Limited, Hamara India Credit Cooperative Society Limited, and Stars Multipurpose Cooperative Society Limited. On July 18, Cooperation Minister Amit Shah launched the 'CRCS-Sahara Refund Portal' to facilitate the return of the money of investors stuck in four cooperative societies of Sahara Group.
Read more on livemint.com