Sahara India Refund List 2024: How to Get Your Money Back

In the wake of Sahara India’s bankruptcy, investors who trusted the company with their hard-earned money found themselves in a precarious situation. Following protests and demands, Sahara India has initiated a refund process for investors, but it’s limited to four cooperative societies. Here’s everything you need to know about the refund process, required documents, and how to check if your name is on the list.

Selected Cooperatives for Refund:

The company has specified four cooperative societies eligible for refunds:

– Sahara Credit Cooperative Society Ltd.

– Saharayn Universal Multipurpose Society Ltd.

– Hamara India Credit Cooperative Society Ltd.

– Stars Multipurpose Cooperative Society Ltd.

 

Required Documents:

To apply for a refund, investors need to provide:

– Membership number

– Deposit proof

– Aadhaar card

– PAN card (mandatory for refunds over Rs. 50,000)

 

Official Website:

– Refund Registration: http://mocrefund.crcs.gov.in

– Resubmission:  http://mocresubmit.crcs.gov.in

 

Refund Timeline:

Refunds are processed within 45 days after verification of the application.

Step-by-Step Refund Application Process:

1. Registration:

– Visit the official registration website: http://mocrefund.crcs.gov.in

– Click on “Depositor Registration.”

– Enter the last four digits of your Aadhaar card and phone number.

– Complete the captcha code and click “Get OTP.”

– Enter the OTP received on your phone and submit.

2. Application:

– After registration, log in to the refund application section.

– Enter your CRN number and captcha code, then proceed with OTP validation.

– Accept UIDAI terms and complete e-KYC verification.

– Upload necessary documents and generate a re-submission form.

– Download, print, and sign the re-submission form.

– Upload your passport-sized photo and signature.

– Verify the information on the receipt page and submit.

Checking Your Name on the Refund List:

1. Visit the Sahara India website or use the direct link to the refund list.

2. On the homepage, locate and click on “Sahara India Refund List 2024.”

3. Log in with your ID and password to access the list.

4. Search for your name in the list. If found, expect the refund in your bank account within 45 days.

Important Note:

The application process is free of charge. Ensure all information is accurate to avoid rejection. If your application is rejected, you can reapply.

The Sahara India refund process is designed to return investments to those affected by the company’s financial troubles. By following the outlined steps and using the required documents, investors can secure their refunds efficiently. For further assistance, refer to the official websites provided.