Kredily vs RazorpayX Payroll: Payroll Platform vs Payroll-Banking — 2026
RazorpayX bundles payroll with banking-integrated salary payouts. Kredily is a free, full-featured HRMS + payroll platform. Different strengths — here's how to choose.
RazorpayX Payroll is a payroll automation product that integrates tightly with RazorpayX banking for direct salary payouts — strong if you're already on Razorpay's payment stack. Pricing is around ₹29,988/year with no permanent free plan. Kredily is a free, full HRMS + payroll platform with the same statutory compliance (PF, ESI, PT, TDS) but no banking payout integration. Choose Kredily if cost and breadth of HRMS features matter most; choose RazorpayX if you're on the Razorpay banking stack and direct payout automation is the primary need.
Kredily vs RazorpayX Payroll — side by side
| Kredily | RazorpayX Payroll | |
|---|---|---|
| Free plan | ✅ Free forever, unlimited employees | ✗ No permanent free plan (~₹29,988/yr) |
| Indian compliance (PF/ESI/PT/TDS) | ✅ Built in | ✅ Auto-filing of TDS, PF, PT, ESIC |
| Banking-integrated salary payouts | Via your existing bank account | ✅ Direct payouts via RazorpayX banking |
| Full HRMS (leave, attendance, appraisals) | ✅ Complete HRMS included | Limited — payroll-focused product |
| AI co-pilot | ✅ Payroll Agent, KredEYE, Magic Upload | Workflow automation (not payroll AI) |
| Razorpay ecosystem | Independent (API integrations) | Deep integration with Razorpay payments + banking |
| Pricing | Free; Payroll OS ₹1,249/mo, Professional ₹1,749/mo (₹50–70/emp beyond 25) | ~₹29,988/yr (no free tier) |
| Best for | Full HRMS + payroll, any team size, cost-conscious | Razorpay-stack businesses prioritising banking payout automation |
RazorpayX pricing from 2026 third-party reports — verify at razorpay.com/payroll before deciding.
An honest assessment
Banking-integrated salary payouts is a real differentiator
RazorpayX Payroll's key strength is its direct integration with RazorpayX banking: salary disbursements happen from the same account you use for business payments, with automated TDS, PF, PT and ESIC filing triggered alongside each pay run. If you're already processing payments through Razorpay and want one unified fintech stack for payments + payroll, RazorpayX is a compelling option. It's a focused payroll-banking automation product, not a broad HRMS.
Free, full-featured, broader HR platform
Free for unlimited employees
RazorpayX has no permanent free plan — around ₹29,988/year. Kredily is free for unlimited employees, forever.
Full HRMS included
RazorpayX is a payroll-banking product. Kredily gives you leave management, attendance, appraisals, hiring/ATS, and org management — all on the same platform.
AI payroll co-pilot
Kredily's AI Payroll Agent, KredEYE face-recognition attendance, and Magic Upload are built specifically for Indian payroll — not general fintech automation.
Bank-agnostic
Kredily works with any Indian bank account for salary disbursement — no lock-in to a specific banking stack or payment processor.
Choose based on your situation
You need full HRMS + free payroll
- Cost-conscious — don't want to pay ₹30K/year for payroll-only
- Need leave, attendance, appraisals alongside payroll
- Not locked into the Razorpay banking stack
- AI automation for payroll setup and attendance
Razorpay banking + payroll automation
- Already using RazorpayX for business banking
- Direct payout automation from your business account is the priority
- Razorpay's unified fintech stack matters strategically
- Payroll-focused needs — don't need broad HRMS
4-step migration to Kredily
Export from RazorpayX
Download your employee list, salary structures, payroll history and statutory filing records from RazorpayX.
Import with Magic Upload
Kredily's Magic Upload reads your export and auto-configures employees, salary components and PF/ESI/PT settings.
Set up HRMS & attendance
Configure leave policies, attendance rules and the org chart — features you didn't have in RazorpayX, now available from day one.
Connect your bank account
Add your business bank account for salary disbursements. Run one parallel pay cycle, then go live.
The AI stack you get with Kredily
Whichever way the feature tables lean, this layer comes standard with Kredily — not as a paid add-on.
Payroll Agent, auto-run
The AI Payroll Agent runs the monthly cycle on its own — salaries, LOP, arrears and statutory checks — and hands you a reviewed run to approve.
AI Copilot, 110+ skills
AI Copilot answers and acts across 110+ HR, payroll and leave skills in plain English — role-gated to each user’s permissions, with human approval on anything irreversible.
Workforce Intelligence
Workforce Intelligence turns your HR and payroll data into explainable, early-warning insights — headcount, cost, attrition and flight risk, with the drivers behind each.
Kredily also disburses salaries in-product over ICICI-powered rails — see Payout.
Kredily vs RazorpayX — questions answered
Does RazorpayX Payroll have a free plan?
Does Kredily handle salary payouts like RazorpayX?
Does RazorpayX Payroll auto-file PF, ESI and TDS?
Is Kredily a good RazorpayX alternative if I don't use Razorpay banking?
Can Kredily replace both RazorpayX Payroll and a separate HRMS?
Explore Kredily
Full HRMS + payroll. Free. No ₹30K/year price tag.
PF, ESI, TDS handled. AI co-pilot + full HRMS included. No banking lock-in. Start free today.