{
  "id": 7315055,
  "title": "Sahara Refund Gets Major Update, Know- Who Can Claim Up To ₹10 Lakh?",
  "url": "https://urgent.news/2026/09/14/sahara-refund-gets-major-update-know-who-can-claim-up-to-10-lakh",
  "topic": "world",
  "section": "World",
  "published": "2026-09-14T11:59:13.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/sahara-refund-gets-major-update-who-can-claim-up-to-10-lakh"
  },
  "original_language": "en",
  "account": "New Delhi: The Indian government has reactivated the CRCS-Sahara Refund Portal, providing relief to depositors whose funds are still trapped in cooperative societies associated with the Sahara Group. This development has also reignited attention on claims of nearly 20 lakh legitimate depositors whose applications were previously delayed due to minor technical issues or missing documents.\n\nEligible applicants are now being notified about the renewed processing via SMS on their registered mobile numbers. The refund limit under the CRCS-Sahara Refund Portal now varies between ₹50,000 and ₹10 lakh, contingent on the type and status of the claim. For depositors submitting a new claim through the portal, the maximum refund is capped at ₹50,000 per depositor, a significant increase from the previous ₹10,000 limit, which benefited smaller depositors.\n\nInvestors whose previous applications encountered technical errors or required corrections are eligible for a separate mechanism, allowing them to submit claims of up to ₹10 lakh under the resubmission process. Refunds for these larger claims will be processed in stages, potentially benefiting those with substantial deposits who were previously unable to claim the full eligible amount through the portal.\n\nTo apply for a refund, depositors must first register on the CRCS-Sahara Refund Portal, providing their Aadhaar number and a mobile number linked to Aadhaar for OTP-based verification. Uttar Pradesh residents impacted by Sahara India's financial woes must furnish their membership number and proof of the deposited amount with the corresponding cooperative society. A PAN card is mandatory for claims exceeding ₹50,000.\n\nThe claim settlement timeline is projected to be approximately 45 days. After a claim is filed, the relevant Sahara cooperative society is expected to verify the application and supporting documents within 30 days. The Central Registrar of Cooperative Societies will process the validated claim within the subsequent 15 days. Once a claim is approved, the eligible refund amount will be directly deposited into the depositor's Aadhaar-linked bank account.",
  "summary": "New Delhi: The Centre has restarted the CRCS-Sahara Refund Portal, offering relief to depositors whose money remains stuck in cooperative societies linked to the Sahara Group. The move has also revived scrutiny of applications from nearly 20 lakh genuine depositors whose claims were earlier held up because of minor technical errors or missing documents. Eligible applicants are being informed…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}