The Sahara Refund Portal was launched by the Central Registrar of Cooperative Societies (CRCS) on July 18, 2023. The portal is designed to help eligible depositors of Sahara Group companies claim their refunds.
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Sahara Refund Portal 2023 Latest Update as on 04 Sep 2026
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Checked on 04 Sep 2026
The Sahara Refund Portal, launched by CRCS (Central Registrar of Cooperative Societies) in 2023, allows depositors to claim refunds; no fresh official update has been confirmed as of 04 Sep 2026.
| Exam | Sahara Refund Portal 2023 |
|---|---|
| Status | Portal likely remains operational for eligible depositors as of Sep 2026 (based on CRCS's ongoing refund mandate; unconfirmed) |
| Next expected | Higher refund tranches (beyond Rs 10,000 initial limit) expected to be progressively released as Supreme Court-monitored funds are disbursed (tentative, no official date set) |
| Official website | mocrefund.crcs.gov.in |
| Last verified | 04 Sep 2026 |
The Sahara Refund Portal was launched in mid-2023 by the Central Registrar of Cooperative Societies (CRCS) under a Supreme Court directive to facilitate refunds to Sahara depositors across four societies — Sahara Credit Cooperative Society, Saharayan Universal Multipurpose Society, Humara India Credit Cooperative Society, and Stars Multipurpose Cooperative Society. Eligible depositors were required to register on the portal, upload KYC documents, and submit their passbook or certificate details to claim amounts up to Rs 10,000 in the first phase, with higher tranches to follow. As of 04 Sep 2026, no fresh official update has been fetched from the CRCS or the Supreme Court to confirm a new disbursement phase, portal deadline, or procedural change. Based on prior year patterns, additional tranches and Supreme Court review hearings are expected periodically. Depositors who have not yet submitted claims should do so promptly and track updates on mocrefund.crcs.gov.in to avoid missing any future disbursement windows.
- Portal likely remains operational for eligible depositors as of Sep 2026 (based on CRCS's ongoing refund mandate; unconfirmed)
- Higher refund tranches (beyond Rs 10,000 initial limit) expected to be progressively released as Supreme Court-monitored funds are disbursed (tentative, no official date set)
- Depositors who have not yet uploaded KYC documents may still be able to do so — portal closure date not officially announced
- CRCS may issue fresh notifications regarding next disbursement phase in late 2026 (based on prior disbursement pattern; unconfirmed)
- Supreme Court review of Sahara refund progress expected periodically — next hearing date unconfirmed as of 04 Sep 2026
- Depositors with pending claims advised to monitor mocrefund.crcs.gov.in for any new instructions (tentative guidance based on CRCS's earlier advisories)
Sources: CRCS Sahara Refund Portal (Official)
- The total number of depositors eligible for refunds through the portal is estimated to be around 3.3 crore.
- The total amount of money that will be refunded is estimated to be around Rs 5,000 crore.
- The refund portal will allow depositors to claim refunds of up to Rs 10,000 in the first phase.
- The refund portal will also allow depositors to choose how they want to receive their refunds. They can choose to have their refunds credited to their bank accounts, or they can choose to have them sent by cheque.
| Term | Definition |
|---|---|
| Sahara Refund Portal | A website launched by the Central Registrar of Cooperative Societies (CRCS) to help eligible depositors of Sahara Group companies claim their refunds. |
| CRCS | The Central Registrar of Cooperative Societies is a statutory body under the Ministry of Cooperation, Government of India. It is responsible for the registration and regulation of cooperative societies in India. |
| SEBI | The Securities and Exchange Board of India is the regulator of the securities market in India. It was established in 1992 to protect the interests of investors in securities. |
| Depositor | A person who deposits money in a bank or other financial institution. |
| Refund | The return of money that has been paid. |
Sahara Refund Portal: How to Claim Your Refund
To claim your refund, you will need to create an account on the Sahara Refund Portal and provide the following information:
- Your Aadhaar number
- Your mobile number
- Your bank account details
- Your PAN number (optional)
Once you have created an account, you will be able to log in and view your refund status. If your refund is approved, it will be credited to your bank account within 45 days.
Here are the steps on how to claim your refund through the Sahara Refund Portal:
- Visit the Sahara Refund Portal website at https://mocrefund.crcs.gov.in/.
- Click on the “Create Account” button.
- Enter your Aadhaar number, mobile number, and other required details.
- Click on the “Submit” button.
- Verify your email address by clicking on the link sent to your email address.
- Log in to your account using your Aadhaar number and mobile number.
- Click on the “Claim Refund” button.
- Enter your PAN number (optional) and other required details.
- Click on the “Submit” button.
- Your refund status will be displayed on the screen.
Government Announcement
Major Changes This Year
No officially confirmed change to the Sahara Refund Portal claim process has been announced as of today; portal functionality and eligibility criteria are expected to remain as originally notified by CRCS.
No major change to the Sahara Refund Portal 2023 claim process has been officially confirmed as of 04 Sep 2026, as no official source material was fetched. When the portal was originally launched, the key features included Aadhaar-based KYC verification, a first-phase refund cap of Rs 10,000 per depositor, and a CRCS-supervised disbursement mechanism backed by a Rs 5,000 crore Supreme Court-directed fund. Any subsequent changes to eligibility, refund cap, or document requirements would be notified by CRCS officially. Students and exam candidates studying this topic for competitive exams should note that all procedural changes remain tentative until CRCS issues a formal notification.
The launch of the Sahara Refund Portal was announced by the Union Home Minister and Minister of Cooperation, Amit Shah, on July 18, 2023. In his announcement, Shah said that the portal would help to ensure that eligible depositors of Sahara Group companies get their refunds in a timely manner.
Official Links
- Sahara Refund Portal website: https://mocrefund.crcs.gov.in/
- CRCS website: https://crcs.gov.in/
- SEBI website: https://www.sebi.gov.in/
Four Sahara societies
- The Sahara Refund Portal was launched following a Supreme Court order to refund the money to the depositors of the Sahara Group’s cooperative societies.
- The four Sahara societies that are covered by the refund portal are:
- Sahara Credit Cooperative Society Limited
- Saharayan Universal Multipurpose Society Limited
- Humara India Credit Cooperative Society Limited
- Stars Multipurpose Cooperative Society Limited
Sahara Group
Some of the key terms related to Sahara Group:
| Term | Definition |
|---|---|
| Sahara Group | A multinational conglomerate based in India. It was founded in 1978 by Subrata Roy Sahara. |
| Subrata Roy Sahara | The chairman and managing director of Sahara Group. He is one of the richest people in India. |
| Sahara India Pariwar | The parent company of Sahara Group. It is a conglomerate with interests in a variety of industries, including finance, real estate, media, and entertainment. |
| Sahara India Real Estate Corporation | The real estate arm of Sahara Group. It is one of the largest real estate developers in India. |
| Sahara India Finance Corporation | The financial services arm of Sahara Group. It offers a variety of financial products and services, including mutual funds, insurance, and loans. |
| Sahara India Media and Entertainment | The media and entertainment arm of Sahara Group. It owns a variety of media assets, including television channels, newspapers, and magazines. |
Here is some information about the history of Sahara Group:
- Sahara Group was founded in 1978 by Subrata Roy Sahara.
- The company started out as a small investment firm, but it quickly grew into a major conglomerate.
- Sahara Group’s business interests now span a variety of industries, including finance, real estate, media, and entertainment.
- Sahara Group is one of the largest conglomerates in India, with a net worth of over $10 billion.
- The company has been involved in a number of controversies, including allegations of financial fraud and money laundering.
- In 2012, Sahara Group was ordered by the Supreme Court of India to refund over Rs 24,000 crore to its investors.
- The company has been slowly repaying its investors, and it is expected to complete the refunds by 2023.
Here is some information about how the government recovered money from Sahara Group:
- The government of India froze Sahara Group’s assets in 2012.
- The government also appointed a receiver to manage Sahara Group’s assets.
- The receiver sold some of Sahara Group’s assets, and the proceeds were used to repay investors.
- The government also negotiated a settlement with Sahara Group, and the company agreed to repay the remaining investors in installments.
FAQ
Q: Who is eligible for the Sahara Refund Scheme?
A: The Sahara Refund Scheme is open to all depositors of Sahara Group companies who have invested money in the four Sahara societies that are covered by the scheme.
Q: How much money can I claim under the Sahara Refund Scheme?
A: In the first phase, you can claim a refund of up to Rs 10,000. If you have invested more than Rs 10,000, you will be able to claim the remaining amount in subsequent phases.
Q: How do I claim my refund under the Sahara Refund Scheme?
A: You can claim your refund by visiting the Sahara Refund Portal website and creating an account. Once you have created an account, you will be able to submit your refund claim.
Q: How long will it take to get my refund under the Sahara Refund Scheme?
A: The Sahara Refund Scheme is still in the early stages, so it is difficult to say how long it will take to process all of the refund claims. However, the government has said that it is committed to processing all of the claims as quickly as possible.
Q: What if I have any questions about the Sahara Refund Scheme?
A: If you have any questions about the Sahara Refund Scheme, you can visit the Sahara Refund Portal website or contact the Central Registrar of Cooperative Societies (CRCS).
Frequently Asked Questions
What is the Sahara Refund Portal and who manages it?
The Sahara Refund Portal is managed by the Central Registrar of Cooperative Societies (CRCS) under Supreme Court direction to refund deposits to investors of four Sahara cooperative societies.
How can depositors claim a refund through the Sahara Refund Portal?
Eligible depositors must register on mocrefund.crcs.gov.in, complete Aadhaar-based KYC, upload passbook or certificate details, and submit a bank account for direct benefit transfer of the refund amount.
What is the maximum refund amount available through the portal?
In the first phase, refunds were capped at Rs 10,000 per depositor. Higher tranches were to be released progressively, but no official announcement of subsequent phase limits has been confirmed as of 04 Sep 2026.
Is the Sahara Refund Portal still active in 2026?
Based on available information, the portal is expected to remain operational, but no official confirmation of its current status or any portal closure date has been obtained as of 04 Sep 2026.
What documents are needed to claim a refund on the Sahara Refund Portal?
Depositors typically need their Aadhaar number, mobile number linked to Aadhaar, original passbook or deposit certificate, and a valid bank account number for the refund transfer.
Which Sahara societies are covered under the Sahara Refund Portal?
Four societies are covered: Sahara Credit Cooperative Society, Saharayan Universal Multipurpose Society, Humara India Credit Cooperative Society, and Stars Multipurpose Cooperative Society.
Why is the Sahara Refund Portal relevant for competitive exams?
It is frequently asked in government exams as it involves constitutional bodies (Supreme Court), regulatory agencies (CRCS), and key financial/consumer protection concepts relevant to GS and current affairs.
What should I do if my Sahara refund claim is still pending?
Depositors with pending claims should log in to mocrefund.crcs.gov.in, verify their KYC submission status, and check for any new CRCS notifications; no official timeline for pending claim resolution has been confirmed.