RazorpayX Payroll alternatives · India · 2026
For a team under 100, the cheapest RazorpayX Payroll alternatives are free up to 10 employees. RazorpayX Payroll is still the better pick if you want salaries and statutory dues paid for you from one dashboard.
Seven payroll and HR options for Indian companies, compared on published prices checked on 5 October 2026, including where RazorpayX Payroll is still the better choice.
Why companies look for RazorpayX Payroll alternatives
RazorpayX Payroll is part of Razorpay’s business banking suite, and its product page says more than 10,000 companies use it. It does something most payroll software does not: it pays salaries and statutory dues on your behalf. Teams that look elsewhere usually have one of three reasons.
The entry price is high for a small team
The Prime plan is ₹3,499 a month on annual billing, or ₹3,999 on semi-annual billing, for up to 20 employees, plus 18% GST. No free plan is listed on the pricing page. A five-person company pays the same as a twenty-person one, and the price is several times what some alternatives charge for that headcount.
₹150 for every employee above the base
Prime supports a maximum of 20 employees. Elite is ₹6,499 a month on annual billing (₹6,999 semi-annual) for 50 employees and supports up to 100, with ₹150 per additional employee a month. At 100 employees that is ₹13,999 a month before GST. Above 100, the Enterprise plan is quoted on request.
Some modules sit in higher plans
On Prime, the pricing page marks customisable roles, NPS, multiple deductions, loan management, approval workflows, “Hold Salary, Pay Compliance”, resettlement and API and webhooks as unavailable, with the note “Module unavailable. Access it at an extra cost.” Custom expense rules, a dedicated account manager and on-demand custom reports are listed only on Enterprise. And if your finance team prefers to release salaries and challans itself from your existing bank, the automated payouts you pay for may go unused.
RazorpayX Payroll alternatives compared
Starting prices as each vendor’s pricing page states them, checked 5 October 2026. Monthly unless noted.
| Product | Best for | Starting price (as published) | Free plan | Pricing model |
|---|---|---|---|---|
| HivePayroll | Teams up to 100 wanting payroll, leave and attendance at a flat price | Free up to 10 employees; ₹500 billed yearly with every feature (excl. 18% GST) | Yes, up to 10 employees | Flat price by team-size band; ₹25 per extra employee above 100 |
| Zoho Payroll | Companies on Zoho Books or Zoho One that want salaries paid through a partner bank | Standard ₹1,000 for 25 employees, billed annually (excl. GST) | Yes, up to 10 employees | Base fee per organisation + ₹40 per extra employee |
| greytHR | Teams of about 50 wanting a long-established vendor | Essential ₹2,495, 50 employees included | Not on pricing page; 7-day free trial | Base fee for 50 + ₹45 per extra employee |
| Keka | 100–2,000 employees wanting HR, performance and payroll in one suite | Not published; quoted on request | No; free trial | Third parties report a base fee for 100 employees + per extra employee |
| HROne | Startups and mid-market firms wanting a broad HRMS | Launchpad ₹2,900 for 25 users; Basic ₹4,950 for 50 users | No; free trial | Base fee + ₹75–130 per extra user |
| Pocket HRMS | Teams of 50+ wanting a mobile-friendly HRMS | Standard ₹2,995 for 50 employees, billed annually | No; free demo | Base fee + ₹60 per extra employee; one-time implementation fee |
| Saral PayPack | CA firms and companies that want desktop software | Standard ₹53,700 a year, single user, 2 companies (+18% GST) | No; limited free trial | Annual licence by edition and number of users |
| RazorpayX Payroll (for reference) | Companies that want salaries and statutory payments made from the payroll tool | Prime ₹3,499 for up to 20 employees, billed annually (+18% GST) | None listed | Base fee + ₹150 per extra employee |
Seven RazorpayX Payroll alternatives
1. HivePayroll
- Best forIndian companies up to about 100 employees
- PriceFree up to 10; ₹500–₹2,500 a month billed yearly
- Free planYes, no time limit, no credit card
Strengths: Free covers payroll with PF, ESI, PT, LWF and TDS, payslips and Form 16 (Form 130), leave, the employee self-service app, loans, expenses and reimbursements, flexible benefits, letters, salary revisions and statutory reports. Paid plans add phone check-in with selfie and location, biometric machine integration, shifts and attendance corrections, and every paid plan includes every feature: ₹500 a month for up to 10 employees, ₹1,000 for 11–25, ₹1,500 for 26–50 and ₹2,500 for 51–100, billed yearly. Above 100 it is ₹30,000 a year plus ₹25 per extra employee a month. Monthly billing is about 20% more. Prices exclude 18% GST, and there is no setup fee.
Limits: HivePayroll does not move money. It produces the bank advice file for your bank, the PF ECR to upload to EPFO, the ESIC return and the quarterly TDS statement; you make the payments and uploads. There is no performance management or recruitment. Live GPS tracking, multiple companies, REST API access and SSO are add-ons priced separately. And we are a much smaller company than Razorpay.
Sources: hivepayroll.co.in/pricing and statutory compliance, checked 5 October 2026.
2. Zoho Payroll
- Best forCompanies already on Zoho Books or Zoho One
- PriceStandard ₹1,000 a month billed annually, 25 employees
- Free planYes, up to 10 employees
Strengths: the closest alternative if you want salaries paid from the payroll tool. The pricing page lists online salary payments through HSBC on Free and through ICICI Bank from Standard. Standard is ₹1,000 a month per organisation billed annually (₹1,250 monthly), then ₹40 per extra employee; Professional is ₹3,000 and Premium ₹4,000, each for 50 employees. Prices exclude GST, and paid plans have a 14-day free trial.
Limits: leave and attendance management are listed only in Premium, and each legal entity needs its own licence.
Source: zoho.com/in/payroll/pricing, checked 5 October 2026. More in our Zoho Payroll alternatives guide.
3. greytHR
- Best forTeams near 50 wanting a long-established Indian vendor
- PriceEssential ₹2,495 a month, 50 employees included
- Free planNot on pricing page; 7-day free trial
Strengths: deep Indian payroll and compliance experience; every plan includes payroll, leave management and employee self-service. Essential is ₹2,495 and Growth ₹4,495 a month, each including 50 employees, then ₹45 or ₹85 per extra employee. Growth adds advanced attendance and shift management. Premium is custom-priced.
Limits: companies well under 50 still pay for 50 employees, and SSO, API and multi-company are add-ons. The pricing page does not say whether GST is included.
Source: greythr.com/pricing, checked 5 October 2026. More in our greytHR alternatives guide.
4. Keka
- Best forCompanies of 100 or more wanting HR, performance and payroll together
- PriceNot published; quoted on request
- Free planNo; free trial
Strengths: a full HR suite. Foundation covers core HR, leave, attendance, payroll, statutory compliance, expenses and a mobile app; Growth adds OKRs, performance reviews and calibration. Hiring and Project Services are separate products. Keka says it is chosen by more than 12,500 companies.
Limits: no prices on the pricing page. Third-party sites report ₹9,999 a month for Foundation covering up to 100 employees, plus ₹90 per additional employee (hr.software, updated 15 September 2026); Keka has not confirmed this, so get a quote.
Source: keka.com/pricing, checked 5 October 2026. More in our Keka alternatives guide.
5. HROne
- Best forStartups and growing firms wanting a broad HRMS
- PriceLaunchpad ₹2,900 a month for 25 users
- Free planNo; free trial
Strengths: Launchpad, its plan for startups under 50 employees, covers core HR, time office, payroll and employee self-service at ₹2,900 for 25 users plus ₹75 per extra user. Basic is ₹4,950 for 50 users (₹99 per extra) and Professional ₹6,500 (₹130 per extra). The pricing page says there is no contractual lock-in and the mobile app is included.
Limits: recruitment, performance, expense, asset and helpdesk modules are in the custom-priced Enterprise plan, and the pricing page does not state GST.
Sources: hrone.cloud/pricing and hrone.cloud/startup-launchpad, checked 5 October 2026.
6. Pocket HRMS
- Best forTeams of 50 or more who want a mobile app
- PriceStandard ₹2,995 a month billed annually, 50 employees
- Free planNo; free demo
Strengths: clear published prices, with leave, attendance, geo-tagging and payroll in Standard. Professional is ₹4,495 for 50, then ₹90 per extra employee; Premium for 100+ is quoted.
Limits: plans start at 50 employees, and the page says a one-time implementation fee applies, varying with company size and customisation.
Source: pockethrms.com/pricing, checked 5 October 2026.
7. Saral PayPack
- Best forCA firms and teams that want installed desktop software
- PriceStandard ₹53,700 a year, single user
- Free planNo; free trial with limits
Strengths: a different model from a cloud subscription. Standard covers 2 companies with up to 300 employees each (₹81,600 multi-user); Corporate is ₹1,15,800 for 3 companies and 2,000 employees each. The price is an annual subscription including AMC and support, plus 18% GST.
Limits: employee self-service, the mobile app and biometric integration are listed under the custom-quoted Premium edition. The free trial “saves only 5 details at a time”.
Source: saralpaypack.com/desktop-pricing, checked 5 October 2026.
What 10 to 100 employees could cost
Published monthly prices, both billed yearly, excluding 18% GST. RazorpayX Prime supports up to 20 employees, so from 21 the Elite plan is used.
| Headcount | RazorpayX Payroll | HivePayroll |
|---|---|---|
| 10 | ₹3,499 (Prime) | ₹0 (Free) or ₹500 |
| 20 | ₹3,499 (Prime) | ₹1,000 |
| 50 | ₹6,499 (Elite) | ₹1,500 |
| 75 | ₹10,249 (₹6,499 + 25 × ₹150) | ₹2,500 |
| 100 | ₹13,999 (₹6,499 + 50 × ₹150) | ₹2,500 |
These are not like-for-like: RazorpayX Payroll pays salaries and statutory dues for you, which HivePayroll does not. Put a value on that work before comparing the totals.
When RazorpayX Payroll is still the better choice
Any comparison that says RazorpayX Payroll loses on everything is not worth reading. Based on Razorpay’s own payroll and pricing pages, it is the stronger pick when:
How to choose a RazorpayX Payroll alternative
- Decide who moves the money. If you want the payroll tool to pay salaries and challans, shortlist products that do, such as Zoho Payroll’s partner-bank payments, or stay. If your accountant or finance team pays from your own bank, a tool that prepares the bank file and returns is enough.
- Price at next year’s headcount. Base fees that include 20, 25 or 50 employees and per-employee charges above them change the ranking as you grow.
- Check what the quoted price includes. GST, implementation fees, extra companies and modules marked as add-ons all change the total. Ask each vendor in writing.
- Test your hardest rule in the demo. A mid-year joiner’s pro-rated leave or a full and final settlement shows more than a standard monthly run.
- Time the switch. April is the clean cut-over. Mid-year, carry year-to-date earnings and TDS across so Form 16 and the quarterly TDS returns reconcile.
Frequently asked questions
How much does RazorpayX Payroll cost?
As of 5 October 2026, Prime is ₹3,499 a month on annual billing (₹3,999 semi-annual) for up to 20 employees. Elite is ₹6,499 a month on annual billing (₹6,999 semi-annual) for 50 employees and supports up to 100. Additional employees are ₹150 a month each, 18% GST is added, and Enterprise above 100 employees is quoted.
Does RazorpayX Payroll have a free plan?
No free plan is listed on its pricing page. Its product page currently advertises one month free and 20% off semi-annual plans, subject to terms. HivePayroll and Zoho Payroll both have free plans for up to 10 employees.
What is the cheapest RazorpayX Payroll alternative in India?
For up to 10 employees, HivePayroll and Zoho Payroll both have free plans. From 11 to 100 employees, HivePayroll is ₹1,000–2,500 a month billed yearly and Zoho Payroll Standard starts at ₹1,000 for 25 employees, both excluding GST. Compare what each includes, not only the price.
Which alternatives pay salaries directly?
Zoho Payroll’s pricing page lists online salary payments through HSBC on its Free plan and through ICICI Bank from Standard. HivePayroll does not move money; it produces a bank advice file for your bank. For the others, ask the vendor how salary payments work.
Can I move from RazorpayX Payroll to another payroll software mid-year?
Yes. Carry across employee details, salary structures, year-to-date earnings and deductions, tax declarations and leave balances so Form 16 reconciles. HivePayroll does not charge for setup or moving your data.
Do these prices include GST?
HivePayroll, Zoho Payroll, RazorpayX Payroll and Saral PayPack state their prices exclude GST. greytHR’s, HROne’s and Pocket HRMS’s pricing pages do not say either way, and Keka does not publish prices.
Sources
- RazorpayX Payroll pricing: razorpay.com/payroll/pricing (annual and semi-annual prices, plan feature table)
- RazorpayX Payroll features: razorpay.com/payroll
- Zoho Payroll: zoho.com/in/payroll/pricing
- greytHR: greythr.com/pricing
- Keka pricing: keka.com/pricing (no prices shown)
- Keka reported prices: hr.software/reviews/keka, updated 15 September 2026
- HROne: hrone.cloud/pricing and hrone.cloud/startup-launchpad
- Pocket HRMS: pockethrms.com/pricing
- Saral PayPack: saralpaypack.com/desktop-pricing
- HivePayroll: hivepayroll.co.in/pricing
All vendor pages checked 5 October 2026. Vendors change pricing often; confirm current figures directly before deciding.
Try HivePayroll freeFree for up to 10 employees, then one flat price by team size. Questions? Email support@hivepayroll.co.in.
