Refund process of Sahara India – A brief overview
Sahara India which was once reliable and trusted company shut down and the common investors were left in a state of worry of their money being stuck in Sahara India. The government intervened where it was concluded that Sahara India was to refund invested money to its investors. A key element that takes a lot of time is the registration of the investors on the official refund portals that is why investors should complete this procedure successfully.
Latest Information about Refund Lists
Sahara India has proved to be very active in matters of refund list as it has released the refund list. If you registered to receive your refund, here is the list of the people to look for on the list. This is the list to show the first set of investors who will be refunded their money back. It is necessary to pinpoint the fact that not all the refunds will be issued at the same time.
How to Monitor the Status of Your Tax Refund
To check your refund status, follow these steps
- Go to the official Sahara India website.
- On the first page, look for the “Depositor Login” tab and click on it.
- Type in the necessary information and press the “Submit” button.
- Here you will see your refund status including the amount of money being refunded to you.
Current Status of Refunds
After opening the refund portal on 18th July 2023, about more than 3. 5 crore applications have been filed. Of these, 2. 5 crore application have been accepted and refund cheques have been despatched to 1. 5 crore investors.
The procedure is continuous and there will be other refunds given in the future in the process.For more help or additional information, always refer the Sahara India official website.
