greytHR vs RazorpayX Payroll: Which is Better?
Compare greytHR and RazorpayX Payroll on free tiers, paid pricing, HR features, payouts and payroll compliance for Indian businesses.
greytHR and RazorpayX Payroll are both popular payroll choices for Indian businesses. greytHR is stronger on HR, attendance and leave. RazorpayX is stronger on banking and payouts. This page compares them honestly, with VetanBandhu as a third option for smaller teams.
Quick comparison
| Factor | greytHR | RazorpayX Payroll | VetanBandhu | |---|---|---|---| | Free tier | Up to 25 employees | Yes | No | | Paid entry | ~₹2,495/mo for 50 | ~₹2,499/mo for 20 | ₹499/mo for 10 | | Product scope | Full HRMS | Payroll + banking | Payroll | | Employee self-service | Yes | Yes | Not yet | | Attendance/leave | Yes | Limited | Leave only | | Salary payouts | Bank advice file | Direct from RazorpayX | Bank advice file | | Best for | 25–100 needing HRMS | RazorpayX users, 20–50 | Owner-led 10–50 |
When to choose greytHR
Choose greytHR if you want payroll, attendance, leave and employee self-service in one product. The free tier for 25 employees makes it especially attractive for growing small businesses that do not yet want to pay.
When to choose RazorpayX Payroll
Choose RazorpayX Payroll if your salary day looks like the rest of your payment workflow. If you already run vendor payouts through RazorpayX and want one ledger for everything, it saves reconciliation time. It also suits businesses that want direct bank transfers without uploading a bank advice file.
VetanBandhu as the honest broker
If you do not need attendance, leave, employee self-service or business-banking integration today, VetanBandhu is a simpler, cheaper alternative. You pay a flat rate by headcount band, and the compliance layer is built for India: PF, ESI, professional tax and TDS.
Pricing check date
greytHR and RazorpayX Payroll prices are directional and were checked on 3 August 2026 from public sources. greytHR's price is directional. RazorpayX's pricing changes frequently, so verify before signing up. VetanBandhu prices are current as of the same date.
Compared options
| Product | Best for | Price |
|---|---|---|
| greytHR | Free up to 25 employees. Full HRMS with payroll, attendance, leave and employee self-service. | 0 |
| RazorpayX Payroll | Payroll tightly integrated with RazorpayX business banking and payouts. A free plan is available. | 0 |
| VetanBandhu | Flat-rate payroll for small teams that want compliance-first simplicity. | 499 |
Frequently asked questions
- Which has a better free tier, greytHR or RazorpayX?
- greytHR is free for up to 25 employees and includes attendance, leave and payroll. RazorpayX has a free plan, but greytHR's free tier is more generous for small teams.
- Which is cheaper at 50 employees?
- greytHR Essential is around ₹2,495 per month for up to 50 employees. RazorpayX Elite is around ₹5,499 per month for up to 50 employees, so greytHR is cheaper.
- Does RazorpayX Payroll include salary payouts?
- Yes. RazorpayX Payroll is built on top of RazorpayX, so salary payouts can be made directly from the business account.
- Does greytHR include attendance and leave?
- Yes. greytHR is a full HRMS, so attendance, leave and payroll are integrated.
- Where does VetanBandhu fit?
- VetanBandhu is a simpler, flat-rate alternative for 10–50 employee teams that do not need a full HRMS or business-banking integration.