Withdrawals

Withdrawals: Add Bank Account

Updated 2 days ago 2 min read 5 views

How to Add Bank Details for Withdrawals in Bobok (School Dashboard)

Overview

This section allows schools to securely add their bank account details to receive commission earnings from Bobok. Once added, this account will be used for withdrawing your earned commission.

Where to Find This Section

  1. Log in to the Bobok School Dashboard
  2. Navigate to:
     Withdrawals → Bank Account

Why This is Important

  • Enables withdrawal of your commission earnings
  • Ensures payments are transferred to the correct account
  • Mandatory setup before requesting any withdrawal

Step-by-Step: Add Bank Details

Fill in the following details carefully:

1. Account Holder Name (Required)

  • Enter the official name linked to the bank account
  • Example: School Name or Authorized Person

📌 Must match the bank records exactly

2. Bank Account Number (Required)

  • Enter your account number
  • Double-check for accuracy

📌 Incorrect entry may result in failed or delayed payments

3. IFSC Code (Required)

  • Enter the correct IFSC code of your bank branch
  • Example: SBIN0001234

📌 Ensures money is routed to the correct bank branch

4. Save Details

  • Click “Save Details”
  • Your bank account will now be linked for withdrawals

Updating or Removing Bank Details

  • To update → Edit the fields and click Save Details again
  • To remove → Click “Delete Bank Account”

⚠️ Use delete option carefully—this will remove your withdrawal setup

Best Practices

  • Always verify details before saving
  • Use an official school account (recommended)
  • Keep IFSC and account number error-free
  • Avoid frequent changes unless necessary

Common Mistakes to Avoid

  • Entering incorrect account number
  • Using wrong IFSC code
  • Using personal account instead of official school account (if policy requires otherwise)
  • Not saving after entering details

Security Note

  • Your bank details are securely stored in the system
  • Only authorized users should access or modify this section

What Happens Next?

After adding your bank details:

  • You can proceed to withdraw your commission earnings
  • Payments will be processed to this account

Outcome

By completing this setup, your school will be able to:

  • Receive commission payments smoothly
  • Track earnings and withdrawals efficiently
  • Maintain proper financial flow within Bobok
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