How to apply on Sahara refund portal, how claim will come in account, know every information related to refund
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CRCS Sahara Refund PortalSahara investors need not worry. A portal has been launched by the Central Government to return the trapped money of the investors. Central Registrar of Co-operative Societies (CRCS) – Sahara Investors can get their money back through Sahara Refund Portal Activated. Through this, the government will return crores of rupees to the investors. At present, Sahara Credit Cooperative Society Ltd., Saharayan Universal Multipurpose Society Ltd., Humara India Credit Cooperative Society Ltd. and STARS are supported by the government. The money of the investors of Stars Multipurpose Cooperative Society Ltd is being refunded through the portal.
You will get your money in 45 days
This portal has been started by the Union Home Minister Amit to return the money of the investors. He has assured that within 45 days of the claim, the refund will come into the bank account of the depositors who claim through the portal. In August 2012, the Supreme Court had ordered about three crore investors to return their money with interest. SEBI said in its annual report that it received 19,650 applications involving 53,687 accounts till March 31, 2023. In this, a total amount of Rs 138.07 crore was refunded along with interest in respect of 17,526 applications related to 48,326 accounts. The rest of the applications were submitted by two firms of the Sahara Group – Sahara India Real Estate Corporation Limited (SIREL) and Sahara Housing Investment Corporation Limited (SHICL) were closed due to non-location of their records in the data.
how to get money back
Through the portal launched by the central government, only the investors of four co-operative societies of Sahara Group will get their money back. Only those investors can apply for refund through the portal who had invested in Sahara Credit Cooperative Society Limited, Saharayan Universal Multipurpose Society Limited, Hamara India Credit Cooperative Society Limited and Stars Multipurpose Cooperative Society Limited. Before applying, the investor has to know in which committee of Sahara group the money is invested. Also, the applicant should have all the documents related to it. In Sahara Credit Cooperative Society Limited, Saharayan Universal Multipurpose Society Limited, Hamara India Credit Cooperative Society Limited, the depositor’s money will be returned which was deposited before March 22, 2022. Whereas, investors of Stars Multipurpose Co-operative Society Limited Hyderabad can apply before 29 March 2023.
What is the complete process of refunding the money
Collect all your documents before applying for Sahara’s investor refund. after this Go to the portal. Register yourself by giving the requested information here. After this enter your Aadhaar number and the mobile number linked to it. After that click on Send OTP given below. Enter the OTP received on the mobile. On completion of registration, again go to investor login. Here again enter the mobile number and Aadhaar number. Enter the OTP received on the mobile. Then click on I agree. Give the complete information sought related to you and being a member of the society. If the claim amount is above 50 thousand, then also enter the PAN number. Explain that the investor can claim only once. So confirm by reading the complete details several times. Download the application and keep it safe.
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