How can I refund the security deposit money?

You can refund the security deposit by initiating the refund and then approving it through the refund process.

1. Initiate the Refund

1. Navigate to Finance > Fee > Cancel/Refund Payment.
2. Select Security Deposit.
3. Search the student using Class & Section, or by Receipt Number / Student Name / Admission Number.
4. Click Refund against the required student.
5. Enter the refund amount and remarks, then click Save.

Now proceed to complete the refund using Refund Process tab.

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2. Approve and complete the Refund

1. Navigate to Finance > Fee > Fee Refund Process.
2. Click Refund for the pending request.
3. Select the mode of refund, add remarks, and click Confirm Refund.
4. Print the refund receipt for records.

This will successfully refund the security deposit to the student.

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Video Tutorial :