CRCS Sahara Refund Portal: How to Register, Get Refund from Sahara India – Important Details

financialexpress.com:

CRCS Sahara Refund Portal Registration Process, How to Get Refund: If your money has been stuck in Sahara India’s cooperative societies for years, you can now apply to claim it back through the recently launched CRCS Sahara Refund Portal by Union Minister of Home and Cooperation Amit Shah.

The following are details of how to register and claim a refund through the CRCS Sahara Refund Portal. But first, let’s understand why this portal has been launched and what it intends to serve.

The CRCS Sahara Refund Portal has been launched following a Supreme Court order date 29th March 2023. The apex court had directed the transfer of Rs 5000 crore from the ‘Sahara-SEBI Refund Account’ to the Central Registrar of Cooperative Societies (CRCS) for “disbursement against the legitimate dues of the genuine depositors of the Sahara Group of Cooperative Societies”.

In view of this order, the Government has developed Sahara Refund Portal where genuine depositors can claim refunds online. Initially, only Rs 10,000 of the total claim would be disbursed to each depositor. But the depositors are required to submit their total claim on the online CRCS Refund Portal along with necessary proofs (see below).

Genuine depositors of the following four cooperative societies of Sahara Group can apply for a claim on the refund portal:

Sahara Credit Cooperative Society Limited Saharayan Universal Multipurpose Society Limited Hamara India Credit Cooperative Society Limited Stars Multipurpose Cooperative Society Limited.

Eligibility: According to the Government, the depositors must have made deposits and outstanding dues receivable before the following dates, for filing a claim request:

22nd March 2022 for:

a. Humara India Credit Cooperative Society