Sahara Group depositors have received a major relief update. The government has allowed eligible investors to resubmit their refund claims and now claim up to ₹10 lakh through the official refund process. Once verification is completed successfully, the refund amount may be credited to the applicant’s Aadhaar-linked bank account within approximately 45 days.
This development is especially important for depositors whose earlier claims were either partially settled or rejected due to documentation errors. The resubmission option gives them another opportunity to receive their pending funds.
Government-Backed Refund Mechanism for Sahara Depositors
The refund process is being carried out through the official CRCS-Sahara Refund Portal, launched under the supervision of the Ministry of Cooperation. The platform enables depositors to file claims digitally and track their application status online.
Refunds are transferred directly to the claimant’s bank account after Aadhaar-based authentication and document verification. This ensures transparency and reduces the chances of fraud or manual delays.
Who Is Eligible for the Sahara Refund?
The refund process applies to depositors of the following cooperative societies linked with Sahara:
- Sahara Credit Cooperative Society Ltd
- Saharayan Universal Multipurpose Society Ltd
- Humara India Credit Cooperative Society Ltd
- Stars Multipurpose Cooperative Society Ltd
If your investment was made in any of these societies and you have valid deposit documents, you may apply or resubmit your claim. Those whose earlier claims were rejected can correct errors and apply again under the updated provisions.
Refund Limit Increased to ₹10 Lakh
Earlier, refund amounts were released in smaller phases. With the latest update, eligible investors can now claim amounts up to ₹10 lakh, depending on their verified deposits.
However, approval depends on proper documentation and successful validation. Applicants must ensure that:
Their Aadhaar is linked to an active mobile number
Their bank account is Aadhaar-linked
Deposit certificates are genuine and clearly uploaded
Personal details match official records
Once the claim passes verification checks, the amount is expected to be credited within about 45 days.
Step-by-Step Process to Apply or Resubmit Claim
Visit the official Sahara refund portal.
Complete registration using Aadhaar-based OTP authentication.
Select the concerned cooperative society.
Enter deposit certificate details carefully.
Upload required documents including Aadhaar, PAN, and deposit proof.
Submit the form and save the acknowledgment number for future tracking.
If your earlier claim was rejected, choose the resubmission option and correct the errors before submitting again.
Common Reasons for Claim Rejection
Many applications were previously rejected due to minor but critical mistakes. These include incorrect bank details, mismatch in Aadhaar information, duplicate claims, blurred document uploads, and incorrect deposit data.
Applicants are advised to double-check every detail before final submission to avoid further delays.
What Depositors Should Do Now
Depositors who are still awaiting refunds should gather all necessary documents and verify their Aadhaar and bank linkage status. The resubmission window provides a fresh opportunity to recover long-pending investments.
With the enhanced refund cap of ₹10 lakh and a defined 45-day credit timeline after verification, this update marks a significant step toward resolving the long-standing Sahara refund issue.
Investors are encouraged to act promptly, ensure document accuracy, and regularly track their claim status through the official portal.