Sahara Refund Portal: 38 FAQs, Login Link, Claim Process Online, Who Will Benefit?

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CRCS Sahara refund portal: On Tuesday, the ‘Central Registrar of Cooperative Societies (CRCS)-Sahara Refund Portal’ was officially launched in New Delhi by Union Home Minister and Minister of Cooperation, Amit Shah. This significant step comes in response to a Supreme Court judgment on March 29, which mandated the transfer of Rs. 5000 Crores from the “Sahara-SEBI Refund Account” to CRCS. The purpose of this transfer is to facilitate the timely disbursal of dues to legitimate depositors of the Sahara Group of Cooperative Societies.

Depositors have the option to sign up on the ‘CRCS-Sahara Refund Portal’ and submit claims for refunds from the Sahara Group of Cooperative Societies. Once registered, they can expect to receive their refunds within 45 days.

CRCS Sahara refund portal: FAQs

The CRCS Sahara Refund Portal is an online platform designed for processing refunds of depositors of four Sahara Group Co-operative Societies as per the Hon’ble Supreme Court directive dated 29th March 2023.

Yes, the CRCS Refund Portal is a secured online platform with SSL Certificate.

The genuine and legitimate Depositors of following four Sahara Societies are eligible for refund through the CRCS Sahara Refund Portal:
a. Humara India Credit Cooperative Society Limited, Kolkata.
b. Sahara Credit Cooperative Society Limited, Lucknow.
c. Saharayan Universal Multipurpose Society Limited, Bhopal.
d. Stars Multipurpose Cooperative Society Limited, Hyderabad.

The Depositors must have made deposits & have outstanding dues receivable before the following dates, for filing a claim request:
22nd March 2022 for:
a. Humara India Credit Cooperative Society Limited, Kolkata.
b. Sahara Credit Cooperative Society Limited, Lucknow.
c. Saharayan Universal Multipurpose Society Limited, Bhopal.
29th March 2023 for:
a. Stars Multipurpose Cooperative Society Limited, Hyderabad

No, it’s free of cost.

  • Step 1 Depositor Registration:
    Visit the Home Page of CRCS Sahara Refund Portal and click on “Depositor Registration.” Fill in the details like last 4 digits of your Aadhaar Card, and mobile number linked with Aadhaar, on the Registration Page accurately. Click on “Get OTP” and enter the OTP received. Click “Verify OTP” to complete the mandatory registration process.
  • Step 2: Depositor Login:
    Visit the Home Page of CRCS Sahara Refund Portal and click on “Depositor Login” Fill in the details like last 4 digits of your Aadhaar Card, and mobile number linked with Aadhaar, on the Depositor Login Page accurately. Click on “Get OTP” and enter the OTP received. Click “Verify OTP” to login.

The Depositor should have:
a. Membership no.
b. Deposit Account no.
c. Aadhaar linked Mobile no. (Mandatory)
d. Deposit certificates/ Passbook
e. PAN card (if claim amount is Rs. 50,000/- and above) (Mandatory).

Yes, the Depositor has to provide details of PAN card mandatorily, if claim amount is Rs. 50,000/- and above, across all Sahara Societies.

Depositor must have PAN card, if claim amount is Rs. 50,000/- and above.

Yes, the Depositor should have Aadhaar linked mobile No. and Aadhaar seeded Bank account mandatorily without which, the claim request cannot be filed on the Portal.

Kindly visit the nearest Aadhaar Seva Kendra for linking Aadhaar with Mobile number.

No, without Aadhaar seeded bank account Depositor cannot file a Claim. The Aadhaar seeding shall facilitate secure fund transfer to the genuine Depositor’s Bank account.

Aadhaar seeded Bank account refers to a Bank Account that is linked or connected to the Aadhaar no. of the account holder.

Kindly visit UIDAI website link https://resident.uidai.gov.in/bank-mapper to check the status of Aadhaar seeding with Bank account.

The Depositor basis the facility available with their respective Bank can undertake Aadhaar seeding with Bank account through below options:
1. Registration through Internet Banking
2. Registration through the Bank’s Mobile App
3. Registration through visiting Bank and submitting physical form.
4. Registration through the Bank’s ATM
5. Registration through the SMS
6. Registration through phone Banking

No, the Depositor’s Aadhaar information is not stored on the Portal. It is encrypted as per UIDAI norms.

The Depositor should attach following documents:
a. Deposit certificate/ Passbook
b. Claim Request Form
c. PAN Card (if claim amount is Rs. 50,000/- and above)

The Depositor can upload the documents in PDF/JPEG/PNG/JPEG2.

Yes, the Depositor has to provide details of all the deposits across all Sahara societies where Depositor has outstanding dues receivable by adding all the claim details, one by one, in a single claim form.

If the Depositor has multiple deposit accounts, Depositor needs to fill out a single Claim Application Form for all of them. However, Depositors must scan and upload the original certificate of deposit (CD) or passbook individually for each account.

Yes, the submitted documents, including the Deposit Certificate/Passbook, will be verified by the respective Sahara Societies and the verification process will be carried out as per the guidelines prescribed by CRCS.

No, Depositor cannot add further claims once the Claim Form is submitted. Therefore, ensure that all the details are accurately entered and verified before submission.

After verifying the claimed data, download and print the Claim Form. Affix your recent photograph and duly sign across the photo as well as the Form. Finally scan, upload and submit the Claim Form.

Upon successful submission of the claim, an acknowledgement number will be visible on the Portal and a SMS will be sent to the registered mobile number of the Depositor for confirmation.

The Sahara Societies will verify the claim and process in 30 days after successful submission of the claim.

After verification by the Sahara Societies, the Authorized verifier and CRCS will process your claim in the next 15 days.

Depositor will receive a notification via SMS/Email in this regard.

The refund of claimed amount will be directly credited to Depositor’s Aadhaar seeded bank account only after 45 days from the date of successful claim submission.

For any queries during the filing process related to the following Sahara Co-operative Societies, kindly contact Toll-Free Numbers: 1800-103-6891 and 1800-103-6893.

  1. Humara India Credit Cooperative Society Limited
  2. Sahara Credit Cooperative Society Limited
  3. Saharayan Universal Multipurpose Society Limited
  4. Stars Multipurpose Cooperative Society Limited

The Depositor can contact respective Sahara Societies branch for queries regarding the claim only after 45 days of submitting the claim on the CRCS Sahara Refund Portal.

Yes, the Depositor will receive a communication when the claim request is approved.

No, the Depositor cannot change the Aadhaar seeded bank account details after submission.

No, it’s an end to end online process.

An acknowledgement number is generated after the final submission of the claim application. Accordingly, no updations/changes can be made after the generation of the acknowledgement number.

This website works best with the latest version of Google Chrome browser and Microsoft Edge.

Yes, Depositor can exit the Portal by clicking on the logout button. Depositor can come later and login to continue the claim application.

The documents uploaded should be on grayscale or color scale, vertically aligned. The size of the document should be restricted to 200KB for Deposit Certificate/Passbook; 2 MB for Completed pre-filled and executed Claim Application Form and 50 KB for PAN Card.

The Depositor should refresh the page and try to download the Claim Request Form again.

CRCS Sahara refund portal

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