Sahara India Refund:The process of Sahara India Refund has come as a big good news for lakhs of investors whose money was stuck in the four cooperative societies of Sahara Group for the last several years.
In this news we will tell you how Sahara India Refund is happening, which investors are taking advantage of it and what problems have been faced so far. If your money is also stuck in Sahara, then this information is useful for you.
The money stuck in Sahara India for years has now started coming back. Lakhs of families who were worried about their hard-earned money can now heave a sigh of relief. The government has made the Sahara India Refund process completely digital and easy, so that every eligible investor can get his money back without any hassle. If you have also invested in any co-operative society of Sahara, then this news is very important for you.
Complete information about Sahara refund
The Supreme Court had given a major decision on 29 March 2023. The court ordered to transfer Rs 5,000 crore from Sahara-SEBI Refund Account to the Central Registrar (CRCS – Central Registrar of Cooperative Societies). This money is to be returned to the original depositors of the four cooperative societies of Sahara Group. The entire Sahara India Refund process is being monitored by former Supreme Court Justice R Subhash Reddy and other experts.
Sahara India Refund Scheme is being run by the government, the objective of which is to get back their rights to those who have invested money in Sahara Group societies. Investors’ money was stuck for more than 23 years and they were repeatedly waiting for refund.
Now the government has started this process through CRCS portal, so that both transparency and ease are maintained. Money has been returned to thousands of investors in the first phase and the pace of Sahara India Refund will continue to be fast in future also.
Application and Eligibility
To claim Sahara India Refund, investors have to apply online on the official refund portal of CRCS. Required documents include Aadhar card, bank account details and valid proof of investment. If the claim amount is more than Rs 50,000, then it is necessary to produce PAN card.
Refund amount and payment
In the first installment, amounts ranging from Rs 10,000 to Rs 50,000 are being transferred directly to their Aadhaar linked bank accounts of eligible depositors. Identification, verification and payment of claims submitted on CRCS portal is being done completely digitally. According to the Central Government, payments are being made with speed and transparency, so that no one has to wait.
progress so far
Till March 31, 2025, about Rs 16,138 crore were deposited in Sahara-SEBI Account. By the same time, CRCS had disbursed more than Rs 2,314 crore to about 12.97 lakh depositors. On September 12, 2025, the Supreme Court allowed the release of another Rs 5,000 crore from the Sahara-SEBI Account, so that more and more investors can get Sahara India Refund.
Challenges and controversies
Many investors are facing ‘deficiencies’ while making claims, such as mismatch in name, membership number or bank details. Some people are complaining that the facility to edit information is not available on the re-submission portal. Apart from this, other disputed refund claims to SEBI (like the case of OFCD investors) are still pending. But the government is trying to solve these problems soon.
