Sahara Refund :112 Investors received Rs 10000 each for Sahara Case

Last Updated on August 6, 2023 by Brajesh

Amit Saha on Friday, 4th August 23′ has assured that each and every investors will receive their entire money which has got stucked in the alleged 4 Co-operative society linked with Sahara Group.

Sahara Refund :Will anyone get refund in 2023?

112 Depositors who had requested for refund through CRCS-Sahara Refund Portal has received their first instalments of Rs. 10000 on August 4, 2023. Union Minister for Cooperation Amit Shah transferred the first instalment to these beneficiaries. Till now almost 1.8 million people have registered on the portal, as informed by Union Minister for Cooperation Mr. Amit Shah through his official account on tweeter.

Sahara Refund : How to know the status of refund ?

Depositor will recive a notification for approval of claim which has been lodged through CRCS-Refund Portal and thereafter he/she will receive one SMS for receipt of money in his Bank account. As per the last information shared , first payment of Rs. 10000 will be remitted to 1 crore depositors who has invested Rs 10000 or more in the 4 alleged Co-operative societies of Sahara Group.

Sahara Refund : Where will the amount be credited?

Money to be refunded under this scheme will transferred directly to the bank account of investors. Investors should note that mobile number must be linked with the Aadhar number and similarly Bank Account shall also be linked with the registered mobile number of respective investors.

Sahara Refund :112 Investors received Rs 10000 each for Sahara Case

Click here to know complete registration process

Sahara Refund : Who is eligible to claim for Sahara refund?

First instalments payment is started from 4th August 2023, where 112 beneficiary will receive the first tranche of Rs. 10000, It has been told that 18 Lakhs people have made registration on the portal till date out of which 14 Lakhs people registration have been approved. So approval of registration is the first criteria to become eligible beneficiary of the refund portal. Above depositors must have deposited in 4 alleged Co-Operative bank named as,

  • Humara India Credit Cooperative Society Limited, Kolkata,
  • Sahara Credit Cooperative Society Limited, Lucknow,
  • Saharayan Universal Multipurpose Society Limited, Bhopal
  • Stars Multipurpose Cooperative Society Limited, Hyderabad.

How many days will it take to receive the Sahara refund amount?

Following the successful claim submission, the refund will be processed within 45 Days of submission of claim in CRCS Portal.

Sahara Societies will take 30 Days to verify the claim and submit to authorize representative of Sahara Portal , who will take another 15 Days in remitting the balance amount.


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