Knorish referral payouts, refunds, bank account updation and auto payout setups

Referral payouts at Knorish are transparent & fully automated. Payments are directed to bank accounts on a monthly basis and may be subject to taxes.

In this FAQ, we will show you how referral payouts, refunds, bank account updation and auto payout is setup:

A. Referral Payouts

This section is about the payouts that have been settled or are yet to be settled. You can customize the view basis the filters available and check the history. Here's how the payout section works.

B2B Referral Program { Payout Dashboard}
  • Access the referral section in your dashboard
  • Click on Referral Payout
  • Add filters - date range, currency, and Status 
  • The report below the section will show the details. 

Should you need it, you can also download the report by clicking on CSV, Excel or print. You can also click on copy to copy the data and paste it into the desired file.

B. Setup Auto Payouts

B2B Referral Program {Enabling Auto Payouts}

You can also enable auto payouts when the threshold completes by checking the box in the 'Enable auto payout section'. Here's how: 

      1. Go to Referral>Dashboard
      2. Click on Referral Payout
      3. Scroll down to Auto Payout Setting
      4. Check the Enable Auto Payout when Threshold is reached
      5. Fill in the Threshold Amount in INR & USD 
      6. Click on Save 

 Important points:
  1. You must add a bank account to receive payouts.
  2. Make sure the bank account information is complete and correct.
  3. Any payouts failing or wrongly credited to the wrong bank account due to incorrect information cannot be claimed back.

C. Update Bank Account Details For Payouts

This section must be updated with your bank account details for the payouts to be processed. You can choose to use a separate bank account or the same one that is already listed in your knorish site for course sales' earning payouts. 

Here’s how you get to update and Save the Bank Details on this Page:

  • Fill in the bank name: 
  • Account holder’s name: 
  • PAN/Taxpayer Identification Number
  • Account number, and
  • IFSC Code

      Important Considerations : 

      • You must add a bank account to receive payouts. Make sure the bank account information is complete and correct.
      • Any payouts failing or wrongly credited to the wrong bank account due to incorrect information cannot be claimed back.
      • 10,000 INR  & 100 USD is the minimum threshold to process a payout.


        2.  Referral Refunds 

        Once requested, payouts are processed on a monthly basis on the condition that the minimum threshold is achieved. 

        In case the referral (academy you had referred to Knorish) opts out & the subscription amount is refunded by Knorish, your earned commission will also be reversed. However, this will be applicable only for the first 90 days from the referral's sign-up on the platform. 

        Here’s how to access the information in steps : 

        Knorish Referral Refund

        1. Go to Referral>Dashboard
        2. Click on Referral Refund 
        3. Select the period, currency, for settled or not settled amount 
        4. View the Report 

        Additionally, below this section, you will also get access to individual academy data where refunds have been processed, 

        Important Considerations : 

        1. The Report reads as Settled or Not Settled (In Currency Denominations ) & the Total Settled No.of Refunds, Unsettled No. of Refunds. 
        2. The Refund Report will display Academy Name, Amount, Initiated On, and Status