Stuck with Sahara Investments? Here's How to Claim Your ₹50,000 Refund
| Nov 18, 2024, 13:00 IST
For millions of investors tied up with Sahara Group, the government has announced a significant relief. Small depositors who invested up to ₹5 lakh in Sahara's cooperative societies can now claim refunds of up to ₹50,000. The government has raised the earlier limit of ₹10,000, offering much-needed financial relief to these investors. Over ₹1,000 crore is expected to be disbursed within the next 10 days.
Who is Eligible for the Refund?
- Investors with deposits up to ₹5 lakh can apply for the refund.
- Those who earlier claimed refunds capped at ₹10,000 are now eligible for ₹50,000.
- Separate announcements will be made for investors with deposits exceeding ₹5 lakh.
Step-by-Step Process to Claim Your Refund
1. Online Application
Follow these steps to file your claim:
- Visit the official portal at cooperation.gov.in.
- On the homepage, click the ‘Resubmission Login’ option.
- Enter your Claim Request Number (CRN) and the CAPTCHA code to validate.
- Complete the registration process using the OTP sent to your registered mobile number.
- Fill out the Claim Request Form and upload the necessary documents.
2. Important Steps Before Submission
- Carefully review all the details before submission, as changes cannot be made later.
- Print the submitted form, attach a recent photograph, and sign it.
- Re-upload the signed form on the portal.
Verification and Refund Disbursement
- Submitted claims will be verified within 30 days.
- A secondary verification process will take place over the next 15 days.
- Once approved, the refund amount will be directly credited to the bank account linked with your Aadhaar.
If your investments in Sahara have been causing financial stress, this is your chance to recover up to ₹50,000 effortlessly. Follow the process carefully to claim your rightful refund.

