Introduction to the Refund Portal

The Ministry of Corporation has introduced the CRCS Sahara Re-submission Refund Portal aimed at facilitating refunds for investors associated with four cooperative societies of the Sahara Group. This portal is specifically designed for those whose refund claims were previously denied or lacked necessary documentation. It is open for claims up to ₹5 lakh, and investors are encouraged to apply promptly.


Background of the Initiative

This initiative was launched following the Supreme Court's directive on March 29, 2023, which aims to ensure that genuine investors from four Sahara Group cooperative societies—Humara India Credit Cooperative Society Limited (Kolkata), Sahara Credit Cooperative Society Limited (Lucknow), Saharayan Universal Multipurpose Society Limited (Bhopal), and Stars Multipurpose Cooperative Society Limited (Hyderabad)—receive their funds back.


Eligibility for Re-submission

The CRCS Sahara Re-submission Refund Portal is exclusively for investors whose applications were rejected due to payment issues or missing documents. Investors who received a deficiency message on the CRCS Sahara Refund Portal can log in using their 14-digit Claim Request Number (CRN). New investors filing claims for the first time must register at https://mocrefund.crcs.gov.in. Only applications that have surpassed 45 days are eligible for re-submission.


Steps for Re-submission

To initiate the re-submission process, users must visit the CRCS portal. They will need to enter their 14-digit CRN and complete a CAPTCHA to log in. The system will verify the CRN against the linked Aadhaar number. If the CRN is valid, an OTP will be sent to the mobile number associated with the Aadhaar. In cases where the CRN is invalid, investors will be required to enter their 12-digit Aadhaar number.


Read more
Moringa Leaves Uses: Use drumstick leaves in cooking in 5 ways, you will get many health benefits
Newspoint
Liverpool 'reach agreement' on Darwin Nunez exit after dramatic Alexander Isak twist
Newspoint
Eamonn Holmes tears apart Rachel Reeves' 'broken promise' with brutal six words
Newspoint
6 health benefits of pine nuts: Know its nutritional compounds and safety tips
Newspoint
Skip the second coffee: 5 energy-boosting drinks to beat the afternoon slump
Newspoint
Pro Panja League Season 2: Mumbai Muscle Star Brings Out Cristiano Ronaldo's 'Siuuu' Celebration After Winning Arm-Wrestling Bout; Video
Newspoint
Mohammed Siraj breaks into ICC Test top 15 after heroic performance in Anderson-Tendulkar Trophy
Newspoint
Sanju Samson To Be Traded By Rajasthan Royals Ahead of IPL 2026? Franchise's Shut Down Rumours
Newspoint
Fantasy Preview: ZIM vs NZ, 2nd Test – Dream11 Picks, Playing XI Pitch Report
Newspoint
Dunkley, Ecclestone And Lewis Nominated For ICC Women's Player Of The Month Award
Newspoint