Sahara Refund: After the death of Subrata Roy, the concern of people who invested money in Sahara schemes has started increasing whether they will get the money back or not. However, on this, SEBI Chairperson Madhabi Puri Buch has said that it will still continue the case of Sahara Group, because it is not an individual but an entity related issue.
Sahara Refund : After the death of Subrata Roy, the concern of people who invested money in Sahara schemes has started increasing whether they will get the money back or not. However, on this, SEBI Chairperson Madhabi Puri Buch has said that it will still continue the case of Sahara Group, because it is not an individual but an issue related to the entity. Sahara Group founder Subrata Roy died on November 14 after a prolonged illness. A total of Rs 25,000 crore of Sahara-related funds are in the market regulator’s account and this fund is again in focus after Roy’s death. If your money is also stuck then first know whether you are entitled to get this money back. The Central Government has launched a portal for depositors investing money in Sahara Cooperative Societies. Here he can apply for claim.
Investors who invested in these Sahara societies will get their money back.
- Sahara Credit Cooperative Society Limited
- Saharan Universal Multipurpose Society Limited
- Hamara India Credit Cooperative Society Limited
- Stars Multipurpose Cooperative Society Limited.
Money will come to account in 45 days
The way to get your deposited money back through Sahara Refund Portal is very easy and for this you will neither have to pay any charge nor take the help of any agent. Investors themselves can register their names by logging into this portal and after verification the refund process will start. The entire process of refunding the money will be completed within 45 days. In the first 30 days, the documents of investors applying for refund will be verified by the committees of Sahara Group. After that you will get the money within 15 days. You will get this information through SMS.
You will have to apply for Sahara refund here
Depositors have to visit https://mocrefund.crcs.gov.in/. There you will need your 12 digit membership number, last 4 digit Aadhaar number, mobile number linked to Aadhaar number on which OTP can be received. Claim details have to be filled. Now your form is ready and fill all the information in it. Paste your photographs and sign the claim form. Upload the claim form. Along with this, upload the photo of your PAN card along with the document and submit it. PAN card is mandatory to avail claims above Rs 50,000. Refund will be credited to the depositors’ account.
