Bank Account Setup
Connect your bank account to receive payouts from ContentSellify. Follow this guide to link your account securely and start receiving earnings.
๐ Prerequisites
- โSeller Account: Registered and verified on ContentSellify
- โBank Account: Active savings or current account in your name
- โAccount Details: Account number, IFSC code, and account holder name
- โVerification: Cancelled cheque or bank statement (for verification)
1. Navigate to Bank Settings
- 1
Log in to your ContentSellify seller account
- 2
Go to Dashboard โ Settings
- 3
Click on Bank Account tab
2. Add Bank Account Details
Fill in the following information carefully:
Account Holder Name
Full name as per bank records (must match bank statement)
Swapnil ShelkeAccount Number
Your bank account number (10-18 digits)
1234567890123456IFSC Code
11-character code found on your cheque or bank statement
SBIN0001234Account Type
Select account type
Bank Name
Your bank name (auto-filled from IFSC code)
State Bank of Indiaโ ๏ธImportant: Ensure all details match your bank records exactly. Incorrect information will cause payout failures.
3. Account Verification
ContentSellify uses RazorpayX to verify bank accounts. Verification happens automatically:
๐ Penny Drop Verification
- โขA small amount (โน1 or less) is deposited to your account
- โขSystem verifies account holder name matches
- โขVerification typically completes in 30 seconds
- โขYou can keep the deposit amount (not deducted)
Verification Status
4. Configure Payout Preferences
Minimum Payout Amount
Set the minimum balance required before requesting a payout:
Auto-Payout Settings
Enable automatic payouts when balance reaches threshold:
When enabled, payouts will be processed automatically on the 1st of every month if balance โฅ minimum amount
๐งช Testing Your Setup
Verify your bank account setup is working correctly:
- 1.Make a test sale (or upload a product and purchase it with a test account)
- 2.Wait for the sale to complete (instant for digital products)
- 3.Check your earnings in Dashboard โ Earnings
- 4.Request a payout (if balance meets minimum threshold)
- 5.Check bank account for deposit (test payouts arrive in 1-3 business days)
๐ง Troubleshooting
Verification Failed - Name Mismatch
Problem: Account holder name doesn't match bank records
Solution:
- Check for typos or extra spaces in name
- Use full name as per bank records (avoid nicknames)
- Match capitalization and spacing exactly
- Check your bank statement or passbook for correct spelling
Invalid IFSC Code
Problem: IFSC code is invalid or not recognized
Solution:
- Verify IFSC code from your bank cheque or statement
- Use the Razorpay IFSC lookup tool
- Ensure it's 11 characters (no spaces or special characters)
- Contact your bank if IFSC is still invalid
Payout Not Received
Problem: Payout was processed but amount not received
Solution:
- Wait 1-3 business days (standard processing time)
- Check transaction status in Dashboard โ Payouts
- Verify bank account is active and not frozen
- Check with your bank for pending deposits
- Contact support with transaction ID if issue persists
Can I Update Bank Account?
Answer: Yes, you can update or change your bank account anytime.
Steps:
- Go to Dashboard โ Settings โ Bank Account
- Click "Update Bank Account"
- Enter new bank details and verify
- Note: Pending payouts will still go to old account
- New payouts will use updated account after verification
๐ก๏ธ Security Best Practices
- ๐Never share: Bank account details, OTPs, or passwords with anyone
- ๐Only use: Your own bank account (not friend's or relative's)
- ๐Verify URL: Always check you're on the official ContentSellify domain
- ๐Enable 2FA: Add two-factor authentication to your account
- ๐Monitor transactions: Regularly check payout history for unauthorized activity
Next Steps
Request Your First Payout
Learn how to withdraw your earnings once you've made sales
Learn more โUpload Products
Start selling digital content and earning money
Learn more โPayment Testing
Test the full payment flow with Razorpay test cards
Learn more โDashboard Overview
Track earnings, sales, and manage your products
Learn more โNeed Help?
Having trouble setting up your bank account? Our support team is here to help.