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Business banking beyond payouts with

Business banking beyond
payouts with

Say hello to the next generation of business banking built for tomorrow’s unicorns.

Say hello to the next generation of business banking built for tomorrow’s unicorns.

Current Account Powered By :

Business banking beyond payouts with

Say hello to the next generation of business banking built for tomorrow’s unicorns.

Current Account Powered By :

All the benefits of traditional banking and more

All the benefits of traditional banking and more

All the benefits of traditional banking and more

Enhanced User Experience

Leave your legacy systems and expectations behind and embrace a solution that's built for intuitiveness

Go Spreadsheet-Free

Replace messy spreadsheets with a faster, smarter way to run and scale your business banking operations

Integrated Compliances

Compliance built for every step of the way and not as an afterthought



Business banking shouldn’t be multiple apps, 

endless CSVs, or constant frustration

Business banking shouldn’t be multiple apps, 

endless CSVs, or constant frustration

Business banking shouldn’t be multiple apps, 

endless CSVs, or constant frustration

Pay smarter

Refund or pay instantly with payout links. No account details needed.

Eliminate errors and retries with Smart Bulk Payouts

Automate payouts by plugging banking APIs into your system

Collaborate Seamlessly

Add users and set role-based permissions with ease

Configure multi-level approval workflows on payouts

Invite your CA and stay audit-ready from day one

Banking on-the-go

Stay on top of your Business banking account with the RazorpayX mobile app

Initiate and approve payouts anytime, anywhere

Get actionable Insights

Get real-time visibility into spends, cash flows, and more on the dashboard

Export detailed reports for easy sharing and offline analysis

Simplify tax payments

Get end-to-end TDS compliance, including deduction, payout, and government filing

Rely on system-driven accuracy across sections, rates, filings, and categories

Instantly access filed returns and Form 16s from your dashboard

From idea to IPO, RazorpayX grows with you

From idea to IPO, RazorpayX grows with you

From idea to IPO, RazorpayX grows with you

Go-live in four simple steps

Go-live in four simple steps

Go-live in four simple steps

1

1

2

2

3

3

4

4

Signup with your phone number,

email ID and GSTIN
A RazorpayX representative will

contact you to verify your details
A Relationship Manager will visit

your office for final verifications
Log in to your RazorpayX

Dashboard and get started!

1

1

Sign Up for a Razorpay Account

2

2

Select Payment Page

3

3

Add Business Details

4

4

Add Payment Details

5

5

Share and Start Accepting Payments

Get every payout need covered, with RazorpayX

Get every payout need covered, with RazorpayX

Get every payout need covered, with RazorpayX

Payroll

Get India’s only payroll solution with automated compliances

Payroll
Get India’s only payroll solution with automated compliances

Vendor Payments

Streamline the way you manage invoices and pay vendors

Vendor Payments
Streamline the way you manage invoices and pay vendors

Corporate Card

Get guaranteed savings on SaaS, Marketing, & Tool spends

Corporate Card
Get guaranteed savings on SaaS, Marketing, & Tool spends

Escrow

An escrow management platform bringing
banks, trustees, & RazorpayX as your TSP together

Escrow
An escrow management platform bringing
banks, trustees, & RazorpayX as your TSP together

FDI/Forex

An expert-led, transparent service that helps bring in FDI and make forex payments securely with 100% compliance

FDI/Forex
An expert-led, transparent service that helps bring in FDI and make forex payments securely with 100% compliance

API Payouts

Comprehensive documentation ensures payout APIs plug directly into your tech stack


API Payouts
Comprehensive documentation ensures payout APIs plug directly into your tech stack


Plans for every stage of your growth journey

Everything you need to spend less

Quarterly

Annually

Best suited for you

Core

For businesses just starting out with basic payout needs

Includes:

Lightning-fast payout rails for instant, reliable transfers

Save hours with automated beneficiary onboarding

Smart approvals to track and clear payouts effortlessly.

Business banking on the go with our mobile app

API Payouts Bundle

Access plug-and-play banking APIs

Please note: All monthly subscriptions are in addition to per-payout charges

Pro

For businesses with high payout volumes & established internal controls

Without API Payouts

With API Payouts

Includes everything in Core, plus:

Error-free bulk payments that cut reconciliation time

Send payouts to beneficiaries even without full bank details

Easy team collaboration with flexible user access

Custom approval flows built around your process

API Payouts Bundle

Access plug-and-play banking APIs

Please note: All monthly subscriptions are in addition to per-payout charges

Vendor Payments

For businesses looking to streamline invoice-based vendor payments

Includes everything in Pro, plus:

OCR that extracts details and books invoices instantly

Quick, compliant vendor onboarding in just a few clicks

Clear, centralized visibility for full payout control.

End-to-end automated TDS for effortless compliance.

API Payouts Bundle

Access plug-and-play banking APIs

Please note: All monthly subscriptions are in addition to per-payout charges

Plans for every stage of your growth journey

Everything you need to spend less

Quarterly

Annually

Best suited for you

Core

For businesses just starting out with basic payout needs

Includes:

Lightning-fast payout rails for instant, reliable transfers

Save hours with automated beneficiary onboarding

Smart approvals to track and clear payouts effortlessly.

Business banking on the go with our mobile app

API Payouts Bundle

Access plug-and-play banking APIs

Please note: All monthly subscriptions are in addition to per-payout charges

Pro

For businesses with high payout volumes & established internal controls

Without API Payouts

With API Payouts

Includes everything in Core, plus:

Error-free bulk payments that cut reconciliation time

Send payouts to beneficiaries even without full bank details

Easy team collaboration with flexible user access

Custom approval flows built around your process

API Payouts Bundle

Access plug-and-play banking APIs

Please note: All monthly subscriptions are in addition to per-payout charges

Vendor Payments

For businesses looking to streamline invoice-based vendor payments

Includes everything in Pro, plus:

OCR that extracts details and books invoices instantly

Quick, compliant vendor onboarding in just a few clicks

Clear, centralized visibility for full payout control.

End-to-end automated TDS for effortless compliance.

API Payouts Bundle

Access plug-and-play banking APIs

Please note: All monthly subscriptions are in addition to per-payout charges

Plans for every stage of your growth journey

Everything you need to spend less

Quarterly

Annually

Core

For businesses just starting out with basic payout needs

Save 30%

Includes:

Lightning-fast payout rails for instant, reliable transfers

Save hours with automated beneficiary onboarding

Smart approvals to track and clear payouts effortlessly.

Business banking on the go with our mobile app

Please note: All monthly subscriptions are in addition to per-payout charges

Pro

For businesses with high payout volumes & established internal controls

Without API Payouts

With API Payouts

Includes everything in Core, plus:

Error-free bulk payments that cut reconciliation time

Send payouts to beneficiaries even without full bank details

Easy team collaboration with flexible user access

Custom approval flows built around your process

API Payouts Bundle

Access plug-and-play banking APIs

Please note: All monthly subscriptions are in addition to per-payout charges

Vendor Payments

For businesses looking to streamline invoice-based vendor payments

Save 30%

Includes everything in Pro, plus:

OCR that extracts details and books invoices instantly

Quick, compliant vendor onboarding in just a few clicks

Clear, centralized visibility for full payout control.

End-to-end automated TDS for effortless compliance.

Please note: All monthly subscriptions are in addition to per-payout charges

Compare Plans

Compare Plans

Core
Core

Without API

With API

Pro

Without API

With API

Pro

Without API

With API

Vendor Payments
Vendor Payments

Without API

With API

Add-ons

API Payouts Bundle : ₹4000 / month
API Payments

Access plug-and-play banking APIs with clear, developer-friendly documentation.

Available as an Add-on

Available as an Add-on

Bank Account Validation

Validate beneficiary bank details instantly using our banking APIs with penny-drop verification.

Available as an Add-on

Available as an Add-on

Direct-To-Phone Payouts

Validate beneficiary bank details instantly using our banking APIs with penny-drop verification.

Available as an Add-on

Available as an Add-on

UPI Payouts

Ability to add a single beneficiary, and make a direct payment to the beneficiary via UPI.

Available as an Add-on

Available as an Add-on

Available as an Add-on

Auto-recon for Direct Transfers

Reconcile direct-to-bank collections using unique 'identifiers' — track payments in real time..

Available as an Add-on

Available as an Add-on

ERP integrations

Automate bookkeeping: Connect ERP to RazorpayX, set rules, save time and effort.

Available as an Add-on

Available as an Add-on

Security Enhancements

AI flags risky transactions and auto-verifies payouts, preventing duplicates with AML, blacklist & IP checks.

Available as an Add-on

Available as an Add-on

Vendor Onboarding Module

Invite vendors to complete forms, upload documents, and undergo automated 6-point verification checks.

Available as an Add-on

Partner Bank Capabilities

Cheque Books
In-Branch Banking
Debit Card

Available as an Add-on

Available as an Add-on

Available as an Add-on

Some Heading Here

Advance Payouts

Core Banking Capabilities

Smart Bulk Payouts

Enhanced Collaboration

Payout Links

Invoice Sourcing

Custom Vendor Portal

GST Input Tax Credit Checker

TDS Payments on Invoices

Downloadable Reports

Transactions & Account Statement Only

Transactions & Account Statement Only

Multi-layer Approval Workflows

Simple Maker-Checker
on Payouts

Simple Maker-Checker
on Payouts

RazorpayX Mobile App

Priority RazorpayX Support

Add-ons

Advance Payouts

Core Banking Capabilities

Enhanced Collaboration

Payout Links

Invoice Sourcing

Custom Vendor Portal

GST Input Tax Credit Checker

TDS Payments on Invoices

Downloadable Reports

Transactions & Account Statement Only

Transactions & Account Statement Only

Multi-layer Approval Workflows

Simple Maker-Checker on Payouts

Simple Maker-Checker on Payouts

RazorpayX Mobile App

Priority RazorpayX Support

Partner Bank Capabilities

Cheque Books

In-Branch Banking

Debit Card

Available as an Add-on

Available as an Add-on

Available as an Add-on

Add-ons

API Payouts Bundle : ₹4000 / month

API Payments

Available as an Add-on

Available as an Add-on

Bank Account Validation

Available as an Add-on

Available as an Add-on

Direct-To-Phone Payouts

Available as an Add-on

Available as an Add-on

UPI Payouts

Available as an Add-on

Available as an Add-on

Available as an Add-on

Auto-recon for Direct Transfers

Available as an Add-on

Available as an Add-on

ERP integrations

Available as an Add-on

Available as an Add-on

Security Enhancements

Available as an Add-on

Available as an Add-on

Vendor Onboarding Module

Available as an Add-on

Features

Add-ons

Partner Bank Capabilities

Core

Best Suited

Pro

Best Suited

Vendor Payments

Best Suited

Raising the bar in business payments every day

Raising the bar in business payments every day

$10Billion
Total Payout Volume (TPV) processed in 2024
79.99%
payouts success rate, the best in the industry
0Lakhs
payslips generated monthly through RazorpayX Payroll
0%
of India's IMPS volumes

Trusted by 70% of India’s unicorns

Trusted by 70% of India’s unicorns

Bank smart, scale faster with
RazorpayX powered Current Accounts

Make Instant Disbursals, Get Better Payouts Performance & Lots More

Bank smart, scale faster with RazorpayX powered Current Accounts

Frequently Asked Questions

Frequently Asked Questions

What is the meaning of Business Banking?
Business banking refers to banking services designed specifically for businesses, startups, and SMEs. A business banking account or business bank account allows companies to manage payments, payroll, vendor payouts, and cash flow in one place—separate from personal banking.
Why is Business Banking important?
 A business bank account is crucial because it ensures financial compliance, builds credibility with customers and investors, simplifies accounting, and provides access to business-focused services like automated payouts, working capital, and expense management.
Which bank is best to open a business bank account?
The best business bank account depends on your business size and needs. Traditional banks offer credibility and reach, while fintech-powered solutions like RazorpayX Business Banking+ provide automation, visibility, and flexibility that fast-scaling businesses need.
Which type of bank account is best for a small business?
For small businesses, a current account with features like zero/minimum balance, seamless online banking, and integrations for payments and accounting software is ideal.
How to open a Business Bank Account online in India?
You can open a business bank account online by submitting your company incorporation documents, PAN, GST details (if applicable), and KYC of directors/partners. RazorpayX makes this process digital, quick, and hassle-free.
What is the minimum balance for a Business Bank Account?
 Minimum balance requirements vary by bank. Some traditional banks may require ₹10,000–₹25,000, while RazorpayX Business Banking+ offers flexibility with digital-first accounts that reduce or remove balance restrictions.
What are the benefits of opening a Business Banking Account with RazorpayX?
Which banks are supported by RazorpayX to open a Business Bank Account?
RazorpayX partners with IDFC First Bank, ICICI Bank, RBL Bank, Yes Bank Limited, and Axis Bank to offer business banking services. You get the trust and security of regulated banks, combined with RazorpayX’s modern dashboard and automation layer.