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greytHR vs RazorpayX Payroll

Compared on ₹ pricing, GST/UPI fit, features, and pros & cons for Indian businesses.

RazorpayX Payroll has the lower starting cost — ₹1,000/month vs ₹1,495/month (normalized monthly).

RazorpayX Payroll scores higher on India-specific signals (3/4 vs 2/4).

Verified 2026-08-15T00:00:00.000ZSite
Verified 2026-08-16T00:00:00.000ZSite

Pricing

  • Starter (up to 25 employees)₹1,495/month
  • Essential Plan₹3,495/month
  • Growth Plan₹5,495/month
  • No free tier
  • Standard Plan (₹100/employee/mo, min ₹1,000)₹1,000/month
  • Enterprise Custom₹2,500/month
  • No free tier

India fit

GST e-invoicing Yes
GST e-invoicing Yes
UPI native No
UPI native Yes
India data residency Yes
India data residency Yes
Hindi support No
Hindi support No

Features

  • 25+ years of Indian statutory compliance depth
  • Comprehensive PF, ESI, Gratuity, Bonus, and PT calculation
  • Automated Form 16, Form 24Q, and electronic ECR filing exports
  • Leave & attendance management with biometric sync
  • Geo-mark mobile attendance for field workers
  • Employee self-service portal (greytHR ESS)
  • Audit-ready statutory compliance vault
  • Fully automated salary disbursal directly into employee accounts
  • Automated TDS, PF, ESI, and PT payments & challan generation
  • Contractor and intern payments with TDS deduction (Section 194C/194J)
  • Group health insurance integration for startups
  • Slack/WhatsApp notifications for payslips
  • Employee self-service tax declaration portal
  • Sync with accounting software (Zoho Books, QuickBooks)

Pros & cons

Pros

  • Most trusted payroll engine among Indian CAs, tax auditors, and payroll consultants
  • Flawless handling of complex multi-state statutory rules (state-specific PT, LWF slabs)
  • Affordable entry starter plan for small establishments (₹1,495/mo)
  • Rock-solid payroll generation for companies with hundreds or thousands of workers

Cons

  • UI aesthetics and workflow feels dated compared to Keka and RazorpayX
  • Configuration menus can be overwhelming with hundreds of legacy settings
  • Mobile app user experience has room for visual polish

Pros

  • Unrivaled 1-click execution: calculates and physically executes tax challan payments and bank deposits automatically
  • Affordable entry barrier for small startups (₹100 per employee/month)
  • Seamlessly handles both full-time employees and freelance contractors
  • Clean, minimalist UI designed specifically for fast-growing technology startups

Cons

  • Lacks advanced enterprise HRMS features like complex shift rostering and recruitment pipelines
  • Requires RazorpayX current account setup for the full automated disbursal power
  • Less suited for heavy manufacturing plants with complex overtime calculation rules

Detailed Strengths & Limitations Analysis

Best Suited For:Indian businesses needing 25+ years of indian statutory compliance depth
Why businesses choose greytHR
  • Most trusted payroll engine among Indian CAs, tax auditors, and payroll consultants
  • Flawless handling of complex multi-state statutory rules (state-specific PT, LWF slabs)
  • Affordable entry starter plan for small establishments (₹1,495/mo)
  • Rock-solid payroll generation for companies with hundreds or thousands of workers
Limitations & Trade-offs
  • UI aesthetics and workflow feels dated compared to Keka and RazorpayX
  • Configuration menus can be overwhelming with hundreds of legacy settings
  • Mobile app user experience has room for visual polish
Best Suited For:Indian businesses needing fully automated salary disbursal directly into employee accounts
Why businesses choose RazorpayX Payroll
  • Unrivaled 1-click execution: calculates and physically executes tax challan payments and bank deposits automatically
  • Affordable entry barrier for small startups (₹100 per employee/month)
  • Seamlessly handles both full-time employees and freelance contractors
  • Clean, minimalist UI designed specifically for fast-growing technology startups
Limitations & Trade-offs
  • Lacks advanced enterprise HRMS features like complex shift rostering and recruitment pipelines
  • Requires RazorpayX current account setup for the full automated disbursal power
  • Less suited for heavy manufacturing plants with complex overtime calculation rules

Why people switch to greytHR

significantly cheaper starter pricing and deeper confidence in statutory compliance accuracy across Tier-2/3 factories

Review platform

richer standalone HRMS capabilities and dedicated field attendance without needing multiple ecosystem subscriptions

Review platform

Why people switch to RazorpayX Payroll

much lower price for early startups (<30 employees) and fully automated TDS/PF challan filing without external CA dependency

Review platform

modern zero-friction UI, 10-minute monthly payroll run, and native contractor TDS handling

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greytHR vs RazorpayX Payroll: Frequently Asked Questions

Real answers on pricing, compliance, and migration between greytHR and RazorpayX Payroll.

RazorpayX Payroll offers a more budget-conscious starting plan at ₹1,000/month normalized, compared to ₹1,495/month.