Indian HRM + Razorpay Payroll integration

Disburse salaries through Razorpay X directly from Indian HRM. No bank file uploads, no NEFT wait. Net payable hits employee accounts in minutes via IMPS.

Same day salary disbursement for Razorpay X account holders

What the Razorpay integration does

One Click Disbursement

Approve payroll. Click disburse. Salaries hit employee accounts the same day through Razorpay X. No bank file, no NEFT wait.

Pre Disbursement Checks

Validates IFSC and account number before sending. Catches typos. Holds back failed validations and lets you fix and retry the same day.

Reimbursement Payouts

Expense claim approved by manager pays out instantly through Razorpay. No waiting for the next payroll cycle.

Faster Than NEFT

IMPS based. Funds reach in seconds during banking hours. Even on Sunday or bank holiday for IMPS supported destination banks.

Reconciliation

Every payout has a transaction ID. Failed payouts auto-retry with reason logged. Reconciliation report matches Razorpay statement to the rupee.

Webhook Driven

Disbursement status updates flow back into Indian HRM in real time. Employee sees their payslip status flip from "Processing" to "Paid".

Setup in four steps

  1. Connect Razorpay X Account — In Indian HRM, go to Integrations and click Connect Razorpay. Authorise the OAuth handshake. Takes one minute.
  2. Verify Source Account — Pick the Razorpay X current account or wallet that funds payroll. Indian HRM verifies the balance and KYC.
  3. Map Employee Bank Details — Indian HRM employee bank details flow into Razorpay as fund accounts. The system validates IFSC and account numbers in bulk.
  4. Run Payroll — Next payroll cycle, select Disburse via Razorpay instead of Bank File. Approve. Done.

Why customers use this integration

  • Salaries hit accounts in minutes, not next working day
  • No bank file uploads, no SFTP, no NEFT timing wait
  • Failed payouts auto-retry with full audit trail
  • Expense reimbursements disburse same day after manager approval
  • Reconciliation through Razorpay statement is mechanical

Razorpay integration FAQs

Do I need a Razorpay X account specifically?

Yes. Razorpay X is the business banking product. Standard Razorpay payment gateway accounts cannot make outbound payouts. Razorpay X account setup takes 24-48 hours.

Are there per transaction charges?

Razorpay X charges a small fee per payout. Indian HRM does not add markup. Typical cost for salary payouts is ₹3-5 per transaction. Cheaper than the bank charges most companies pay for NEFT bulk uploads.

What happens if an employee bank account is wrong?

Razorpay validates IFSC and beneficiary name at submission. If validation fails, that payout is held. You see the failure in Indian HRM dashboard, can fix the account, and retry instantly.

Can I keep my old bank file workflow as backup?

Yes. Indian HRM continues to generate bank files. You choose per payroll cycle whether to disburse via Razorpay or download bank file. Some customers use Razorpay for monthly payroll and bank file for arrears.

Does this work with statutory payments (PF challan, TDS)?

Statutory remittance must go through EPFO and Income Tax portals as their rules require. Indian HRM generates the challan files. Razorpay handles only the employee net payable and reimbursements.