Marking a significant advancement, the Sahara Refund Portal was inaugurated on July 18, 2023, under the patronage of the Central Registrar of Cooperative Societies (CRCS), a division of the Ministry of Cooperatives within the Government of India. This pioneering initiative seeks to allocate a substantial sum of Rs 5000 crore to duly authorized members of Sahara Group’s esteemed cooperative societies. The esteemed Hon’ble Union Minister for Home & Cooperation, Shri Amit Shah, stands at the forefront of this transformative launch. The portal, seamlessly accessible via the official website https://mocrefund.crcs.gov.in, serves as a digital avenue for eligible depositors to conveniently submit their applications online.
At its core, this visionary initiative is a direct outcome of a landmark Supreme Court ruling, underscoring the judiciary’s commitment to financial fairness. This verdict has paved the way for the introduction of the Sahara Refund Portal, offering Sahara depositors an unparalleled opportunity to reclaim their investments in a hassle-free manner.
In a resounding step towards transparency and accessibility, the Sahara Refund Portal comes to life. On the momentous date of July 18, 2023, Union Cooperative Minister Amit Shah will unveil this groundbreaking platform, heralding a new era of financial empowerment. This portal holds a special significance for Sahara’s 10 crore depositors, providing them with a streamlined avenue to retrieve their investments as they reach the culmination of their investment periods.
Union Minister Amit Shah introduced the 'CRCS-Sahara Refund' portal in New Delhi, following the Supreme Court's directive to disburse Rs. 5000 Crores from the "Sahara-SEBI Refund Account" to authentic depositors of Sahara Group’s Cooperative Societies. The portal provides a unique chance for one crore investors, who deposited Rs. 10,000 or more, to claim an initial payment of up to Rs. 10,000. After distributing Rs. 5,000 crore, further efforts will be undertaken to reimburse the remaining amount to other eligible investors, seeking the Supreme Court's intervention if needed. Eligible depositors who invested in Sahara Group’s Cooperative Societies before specified cut-off dates can apply for claims.
The user-friendly Sahara India Refund Portal simplifies the application process for depositors. To begin, depositors must register on the portal, entering essential details. Connecting their Aadhaar number with their mobile phone number and bank account is crucial. Additionally, depositors are required to upload important documents, including the certificate of deposit and PAN card (if applicable).
To access the Sahara Refund Portal CRCS Login, simply visit the official website: https://mocrefund.crcs.gov.in/Depositor/Login. Depositors can utilize this platform to log in and initiate their refund applications, guided by the provided instructions. Eligible individuals can seamlessly access the portal and submit their refund requests with ease. By inputting their Aadhaar number, mobile number, and required information, depositors can navigate the portal efficiently. The portal's objective is to simplify the refund procedure, offering investors a seamless and convenient way to claim their rightful dues.
On July 18, 2023, the Sahara Refund Portal emerged as a pivotal measure, aimed at resolving the legitimate concerns of depositors who had entrusted their funds to Sahara Group's cooperative societies. This undertaking aligns with a significant verdict from the Supreme Court, mandating the allocation of Rs. 5000 crore from the "Sahara-SEBI Refund Account" to CRCS for the purpose of disbursing rightful dues to eligible depositors.
Q. What is the official Website for Sahara Refund Portal CRCS Registration Online for Claim Form 2023 ?
Ans. The official website to check the Sahara Refund Portal CRCS Registration Online for Claim Form 2023 is https://mocrefund.crcs.gov.in.
Q. How to check Sahara Refund Portal CRCS Registration Online for Claim Form 2023 ?
Ans. To check the all information for Sahara Refund Portal CRCS Registration Online for Claim Form 2023, you must visit the official website at https://mocrefund.crcs.gov.in. Alternatively, they can also find the relevant information through direct links provided on this page.
Q. Which Department has Relesed the Sahara Refund Portal CRCS Registration Online for Claim Form 2023 ?
Ans. The Sahara Refund Portal CRCS Registration Online for Claim Form 2023 has been released by the Sahara Refund Portal - CRCS , which is a department responsible for conducting various recruitment processes.
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