Sahara Refund Portal Launched | Direct Link to Apply Online | The central government launched the CRCS-Sahara Refund Portal on Tuesday, aiming to assist over 10 crore depositors of Sahara Group cooperative societies in recovering their money.
Applicants will receive notification of their claim status either through a text message or on the portal within 15 days after the verification process. Sahara Refund Portal Launched | Direct Link to Apply Online
The entire claim processing is expected to take around 45 days. It is important to note that applicants must submit all claims related to the four societies in a single claim application form.
There is no fee for submitting the online form, and refund claims can only be made through the online portal. In the initial phase, a total of Rs 5,000 crore will be disbursed through the portal to genuine depositors. However, each depositor will receive only Rs 10,000 in the first phase. If the first phase proves successful, the refund amount will be increased.
How to claim refund online?
The Sahara Refund Portal can be directly accessed online through the website of the Ministry of Cooperation (https://cooperation.gov.in). Although the link was not operational at the time of publishing this report, it is expected to become functional soon.
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