CRCS Sahara refund portal: The Centre has started the process to refund ₹5,000 crore of depositors whose funds are struck in four cooperative societies of Sahara Group. Launching a 'CRCS-Sahara Refund Portal' to facilitate the refund, Cooperation Minister Amit Shah on Tuesday said: "The process of returning the amount of ₹5,000 crore to the investors is starting today in a transparent manner on a trial basis. This is the beginning of the refund of monies to the depositors (of Sahara Group)".
The portal has been developed by a subsidiary of IFCI. The link to the website to apply for Sahara Refund online is https://mocrefund.crcs.gov.in Eligible depositors of listed below four Sahara group societies can apply for a refund on the CRCS Sahara Refund Portal. 1)Sahara Credit Cooperative Society Ltd.
2)Saharayan Universal Multipurpose Society Ltd. 3)Humara India Credit Cooperative Society Ltd. 4)Stars Multipurpose Cooperative Society Ltd The depositor’s Aadhaar should be linked to their mobile numbers and bank accounts. They will have to provide receipt details also.
Shah assured that the money will be deposited into the bank account of the claimants within 45 days. "The portal will initially benefit about one crore depositors," Amit Shah said on Tuesday. Shah said that approximately 1.78 crore small investors, whose money up to ₹30,000 is stuck, will get their money back and it is a great achievement.
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