Sahara Refund: If the depositor has died, who will get the money? Know which documents will be required

There was a time when many people in the country invested their money in Sahara. You or a family member may have deposited money in Sahara societies. Now, the important thing is that information related to refunds is crucial for you. The scrutiny of refund applications has resumed, and a large number of people have received their money back. But if the original depositor has passed away, family members are wondering who can claim the deposited amount.

Who can claim after the depositor's death?
If the original depositor has passed away, the deposit amount can be claimed through their legal heir or nominee. However, it's crucial to have the correct documentation when applying, as missing documents can delay the claim process.

What documents should you keep ready for a refund claim?
Death certificate of the original depositor
Valid identity proof of the claimant, such as Aadhaar card or PAN card Original bond membership number
with Sahara Society Receipt or passbook related to the deposited amount Mobile number linked to Aadhaar Bank account of the claimant

PC- moneycontrol.com