Scores of depositors have welcomed the launch of the Sahara India Refund Portal Link-mocrefund.crcs.gov.in.

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 depositors. However, each depositor will receive Rs 10,000 in the first phase. If the first phase proves successful, the refund will be increased.

The portal can be used by investors who had not got the fund they had deposited on a monthly basis despite completing maturity. With the launch of the portal, they can be involved in the online claim process.

“We are extremely happy. It will help us get the fund deposited in the Sahara account soon”, said Radha Devi who had deposited Rs 20,000 two years ago. Her opinion is indicative of the general opinion of the 23 Sahara scheme.

The Union Government has launched CRCS-Sahara Refund Portal today. The portal was launched by Union Home Minister and Minister of Cooperation Amit Shah in Delhi. The portal will help crores of depositors of Sahara Group claim their money back. 

“The process of returning the money of depositors, which was stuck in four cooperative societies of Sahara Group, has started with the launch of Sahara Refund Portal,” Union Minister Amit Shah said while launching the refund portal.