To claim a Sahara refund, eligible depositors of four Sahara Group cooperative societies can apply through the CRCS-Sahara Refund Portal at mocrefund.crcs.gov.in. The portal is managed by the Central Registrar of Cooperative Societies (CRCS), Ministry of Cooperation, following the Supreme Court’s direction to transfer ₹5,000 crore from the Sahara-SEBI refund account to CRCS for depositor refunds. Applicants must use Aadhaar-linked mobile authentication and provide their membership and deposit details.
The refund is available only to depositors of four eligible societies: Humara India Credit, Sahara Credit, Saharayan Universal Multipurpose, and Stars Multipurpose. The current refund limit is ₹50,000 per depositor, with the approved amount transferred directly to the depositor’s Aadhaar-seeded bank account. This guide covers eligibility, required documents, the application process, and refund timelines.
Key Takeaways
- Apply through the CRCS-Sahara Refund Portal, managed by CRCS under the Ministry of Cooperation.
- The scheme covers depositors of four specified Sahara cooperative societies.
- The current refund limit is ₹50,000 per depositor.
- Your Aadhaar must be linked to your mobile number, and your bank account must be Aadhaar-seeded for the refund.
- Claims are filed online, and approved refunds are transferred directly to the eligible depositor’s bank account.
Who is Eligible for the Sahara Refund?
Before applying, confirm that your deposit falls under the four cooperative societies covered by the CRCS-Sahara refund scheme:
- Humara India Credit Cooperative Society Limited
- Sahara Credit Cooperative Society Limited
- Saharayan Universal Multipurpose Society Limited
- Stars Multipurpose Cooperative Society Limited
You can apply if you have:
- A genuine outstanding deposit with one of these four societies.
- Aadhaar linked to your mobile number for OTP authentication.
- An Aadhaar-seeded bank account to receive the refund through DBT.
- Your society membership number and deposit account number.
Note: Depositors of other Sahara entities, including OFCD or bond investors covered under separate SEBI proceedings, are not eligible under this refund portal.
Documents Required to Claim the Sahara Refund
Keep the following details and documents ready before starting your claim:
- Aadhaar card: Must be linked to your active mobile number for OTP verification.
- Bank account details: Use an Aadhaar-seeded bank account to receive the refund.
- Membership number: Your membership number with the eligible Sahara cooperative society.
- Deposit details: Deposit account number and deposit certificate or passbook.
- PAN card: Required if your claim amount is ₹50,000 or more.
- Photograph and signature: Required for completing and submitting the claim form.
How to Claim the Sahara Refund?
Once you have your documents ready, complete the claim through the CRCS-Sahara Refund Portal:
Step 1: Open the CRCS-Sahara Refund Portal
Visit mocrefund.crcs.gov.in and select Depositor Registration to begin your claim.
Step 2: Verify Your Aadhaar and Mobile Number
Enter the last four digits of your Aadhaar and your Aadhaar-linked mobile number. Verify the OTP to proceed.
Step 3: Complete Aadhaar Authentication
Complete the required Aadhaar-based OTP verification. Your basic details will then be fetched for the application.
Step 4: Enter Your Deposit Details
Select the eligible society and enter your
- Membership number
- Deposit account number and amount
- Certificate details
Step 5: Upload the Required Documents
Upload your deposit certificate or passbook and other requested documents. If applicable, provide your PAN details for claims of ₹50,000 or more.
Step 6: Complete and Upload the Claim Form
Download the system-generated claim request form. Affix your photograph and signature as instructed, then upload the completed form.
Step 7: Submit and Save the Claim Number
Review your information carefully and submit the claim. Save the claim or reference number to track its progress.
Step 8: Wait for Verification and Refund
The claim is verified by the concerned society and the designated refund authorities. Once approved, the eligible refund is transferred directly to your Aadhaar-seeded bank account through DBT, subject to the applicable refund limit.
Tip: If your claim is returned for correction, use the portal’s resubmission facility, fix the specified issue, and submit it again promptly.
How to Check the Status of a Sahara Refund Application?
Once you submit your claim, you can track its progress through the CRCS-Sahara Refund Portal:
- Open the portal: Visit mocrefund.crcs.gov.in and select the depositor login or claim-status option.
- Enter your details: Provide your Aadhaar-linked mobile number and complete OTP verification. Enter your claim or reference number if requested.
- Check the status: View whether your claim is under verification, approved, paid, or returned for resubmission.
- Resubmit if required: If the claim is returned, check the reason, correct the details or documents, and use the portal’s resubmission facility.
Benefits of the CRCS-Sahara Refund Scheme
For eligible depositors, the CRCS-Sahara Refund Portal provides an official and structured way to claim eligible deposits from the four covered Sahara cooperative societies. Its key benefits include:
- Official refund mechanism: The Central Registrar of Cooperative Societies (CRCS) administers the scheme under the Ministry of Cooperation and follows the Supreme Court’s directions.
- Direct bank transfer: The authorities transfer approved refunds directly to the depositor’s Aadhaar-seeded bank account through DBT, without requiring intermediaries.
- No claim filing fee: Depositors can register and submit claims through the official portal without paying a claim-processing fee.
- Online application and tracking: Depositors can complete registration, submit claims, track their status, and resubmit claims through the portal without visiting an office.
- Aadhaar-based verification: The portal uses Aadhaar and OTP authentication to verify depositor identity and support secure claim processing.
- Resubmission facility: If the authorities return a claim for correction, the depositor can fix the identified issue and resubmit the claim through the portal.
