For a business person, one key question to answer is which bank to bank with. I went ahead and did research amongst various banking solutions available for entrepreneurs today.
After comparing traditional bank accounts with their features, offerings and charges, I ended up my search at RazorpayX Current account.
An account designed and crafted for solopreneurs to a corporate with unique features, many exclusive offerings, and competitive charges. Let’s get to know what RazorpayX’s current account offers.
RazorpayX Current Account empowers you to manage your entire banking, right from transactions to accounting, all in one place. Only Neo Bank offers this unique feature in India.
Built for growing businesses, the RazorpayX Current Account is a comprehensive business banking hub that streamlines your banking operations.
Apart from the standard operations of a traditional current account, your RazorpayX Current Account allows you to:
- Dedicated Relationship Manager to help you with a seamless banking experience.
- Make instant payouts, 24*7*356 (even on bank holidays)
- Add beneficiaries and transact instantly, without a cooling period
- Avail of all banking features – Cheques, Cash Deposits/Withdrawals Collateral free instant loan ( Only after 3 months of transactions history with Razorpay)
- Free corporate credit card along with unlimited add-on cards with minimum documentation and no joining fee
- Gain detailed insights into your finances
- Automate payouts with powerful APIs
- Set up an efficient approval workflow
- Access a suite of smart apps and integrations, like Payout Links, Vendor Payments, and Payroll –Only Neo Bank offers this feature. RazorpayX Payment Gateway-A System Designed to Handle End-to-End Payments
- Accept All Payment Modes – With Domestic and International Credit & Debit cards, EMIs (Credit/Debit Cards & Cardless), PayLater, Netbanking from 58 banks, UPI, and 8 mobile wallets, Razorpay provides the most extensive set of payment methods.
- Make instant payouts without asking for customers’ Bank Account/UPI details
- Ability to route Razorpay Payment gateways settlements directly into RazorpayX and your CA
- Integrate your bank account with Zoho, Tally etc.
RazorpayX Current Account + Payroll
Here’s what you get with a current account integrated with Payroll:
- Salary transfers and contractor payments to any bank in India.
- Automated bifurcation of CTC into basic, HRA, special allowance, etc.
- Leave & attendance management, either through our web interface or our own biometric devices that integrate seamlessly with the platform
- Manage reimbursements by invoice upload and provide salary advance to your employees. All TDS, PF, PT, and ESI payments are calculated and paid automatically with web access to challans
- Unlimited documents storage for employees (offer letter, professional degrees, etc)
- 24*7 Instant Payments
- Automate GST, advance tax & TDS payment in 3 seconds
- Integrations with accounting tools like Zoho, Tally & more
- Direct payment from the RazorpayX Current Account