RazorpayX Account Types

Learn about RazorpayX Virtual Account and Current Account.


To make payouts, you must have a bank account linked to your RazorpayX account. There are two types of accounts available to you:

  • : A digital account created in RazorpayX for businesses to start accepting payments within a short span of time.

  • : An account that offers all standard banking features like cheque book, debit card and account statements.

By signing up for a RazorpayX account, you unlock a varied set of offers and associated features for your financial and banking management. These features are available on both Virtual and Current Account. Few of them include the following:

If your account does not have a sufficient balance, payouts are queued and processed only after you add funds to your account. This could cause delays in processing payouts and a bad experience for your customers or vendors.

To help you avoid low balance scenarios, you can set up email alerts when your account balance falls below the limit set by you.

Watch this video to know how to set up low balance email alerts.

To set up email alerts:

  1. Go to .
  2. Navigate to My Accounts & SettingsBankingLow Balance Alerts.
  3. Enter the amount that you consider is a low balance and want to be alerted about. Select the frequency at which you want to receive those alerts.
  4. Finally, select the email addresses where you want to receive the low balance alerts.

Watch Out!

You can set Low Balance Alerts only in Live mode. It does not work in Test mode.

The following options are available when setting low balance alerts:

You can set up independent limits for each bank account linked to your RazorpayX account. For example, you can set the limit as ₹50,000 for your virtual account and ₹75,000 for your current account.

You must enter the email address to which the email alerts must be sent. You can enter multiple email addresses. You can also send these emails to users who are not part of your RazorpayX team.

You can select how often you want the email alerts to be sent to you. The default is set to 8 hours. The available options are 4, 8, 12 and 24 hours.