Sahara Refund Portal
The Sahara Refund Portal, initiated by the Central Registrar of Cooperative Societies (CRCS), aims to return nearly Rs. 5,000 crore to Sahara Group members. You can apply online through the official website https://mocrefund.crcs.gov.in/. Let’s explore more about this portal.
What is the Sahara Refund Portal?
The Sahara Refund Portal is a user-friendly platform designed to help individuals reclaim their investments from Sahara Group. Launched on July 18, 2023, by Amit Shah, it offers a ray of hope to nearly 10 crore depositors awaiting refunds. It assures a 1000% guarantee for investors, adhering to the Supreme Court’s directive for transparent and accessible refund processes.
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Why is the Sahara Refund Portal Important?
This portal simplifies the refund claim process for investors. Monitored by the Ministry of Cooperation, it ensures thorough examination of claims, offering rightful refunds to eligible investors. By allocating Rs. 5,000 crore from Sahara-SEBI Refund Account to CRCS, the Supreme Court underscores its commitment to depositors’ interests, reinforcing financial accountability.
| Portal Name | Sahara Refund Portal |
| Release Date | 18th July 2023 |
| Total Refund Amount | 5000 Crore |
| Launched By | Hon’ble Union Minister for Home & Cooperation, Shri Amit Shah |
| Official Website | https://mocrefund.crcs.gov.in |
How to Apply on the Sahara Refund Portal?
To apply for a refund:
- Visit the official website: https://mocrefund.crcs.gov.in/Depositor/Login.
- Register using your mobile number, Aadhaar number, and other necessary details.
- Verify your email for future communication.
- Review portal features and instructions for a hassle-free application process.
- Complete the online refund request form with accurate details.
- Upload required documents within the permitted file size limit.
- Verify all details and documentation before submitting the refund request.
- Click on SUBMIT to finalize your refund request.
What to Know About the Sahara Refund Portal?
This portal offers a seamless way for depositors to claim their refunds. It is a proactive measure by the authorities to address depositors’ grievances efficiently. The allocation of funds from the Sahara-SEBI Refund Account to CRCS reflects the court’s commitment to prioritizing depositors’ interests. The user-friendly interface simplifies the application process, requiring minimal details such as Aadhaar number, mobile number, and bank account information.
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