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Is PAN-Aadhaar Linking Mandatory To Claim CRCS Sahara Refund? All Your FAQs Answered

In a much-needed relief to crores of depositors who have their money stuck in Sahara Group, the central government announced the launch of 'The CRCS Sahara Refund Portal'.

The new online platform aims to help crores of depositors associated with the Sahara Group claim their money back.

Is PAN-Aadhaar Linking Mandatory To Claim CRCS Sahara Refund? All Your FAQs Answered

However, you need to follow several terms and conditions to claim deposits.

According to a government press release, the Depositor has to provide details of PAN card mandatorily, if the claim amount is Rs. 50,000/- and above, across all Sahara Societies.
To avail the benefits, the applicant must ensure their Aadhaar and mobile number are linked with the bank account where the refund is to be deposited.

What is CRCS Sahara Refund Portal?

The CRCS Sahara Refund Portal is an online platform designed for processing refunds of depositors of four Sahara Group Co-operative Societies as per the Hon'ble Supreme Court directive dated 29th March 2023.

Is the CRCS Sahara Refund Portal secured?

Yes, the CRCS Refund Portal is a secured online platform with SSL Certificate.

Is PAN number mandatory to claim Sahara refund?

Yes, the Depositor has to provide details of PAN card mandatorily, if claim amount is Rs. 50,000/- and above, across all Sahara Societies.

What if I do not have a PAN card?

Depositor must have a PAN card, if the claim amount is Rs. 50,000/- and above.

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    Are Aadhaar-linked mobile numbers and Bank Accounts mandatory?

    Yes, the Depositor should have Aadhaar linked to mobile No. and Aadhaar seeded Bank account mandatorily without which, the claim request cannot be filed on the Portal.

    How to link Aadhaar with Mobile number?

    Visit the nearest Aadhaar Seva Kendra for linking Aadhaar with Mobile number.

    Can a Depositor file a claim request, if he/she does not have an Aadhaar seeded bank account?

    No, without Aadhaar seeded bank account Depositor cannot file a Claim. The Aadhaar seeding shall facilitate secure fund transfer to the genuine Depositor's Bank account.

    What is Aadhaar seeded Bank account?

    Aadhaar seeded Bank account refers to a Bank Account that is linked or connected to the Aadhaar no. of the account holder.

    How to check Aadhaar seeding with Bank account?

    Visit the UIDAI website link https://resident.uidai.gov.in/bank-mapper to check the status of Aadhaar seeding with a Bank account.

    How to seed Aadhaar with a Bank account?

    The Depositor basis the facility available with their respective Bank can undertake Aadhaar seeding with a Bank account through the below options:

    1. Registration through Internet Banking
    2. Registration through the Bank's Mobile App
    3. Registration through visiting Bank and submitting a physical form.
    4. Registration through the Bank's ATM
    5. Registration through the SMS
    6. Registration through phone Banking

    Will Depositor's Aadhaar information be stored on the Portal?

    No, the Depositor's Aadhaar information is not stored on the Portal. It is encrypted as per UIDAI norms.

    Can the Depositor change Aadhaar seeded bank account details after submission?

    No, the Depositor cannot change the Aadhaar-seeded bank account details after submission.

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