> ## Documentation Index
> Fetch the complete documentation index at: https://razorpay-881012b3.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# RazorpayX-powered Current Account Linked to Payroll

> Understand the differences and advantages of linking a RazorpayX-powered Current Account to Payroll.

<div style={{display:"flex",flexWrap:"wrap",alignItems:"center",gap:"0.35rem 0.9rem",border:"1px solid rgba(128,128,128,0.28)",borderRadius:"0.5rem",padding:"0.45rem 0.75rem",margin:"0 0 1.25rem",fontSize:"0.875rem"}}>
  <span style={{fontWeight:600}}>Available in</span>
  <span>🇮🇳 India</span>
</div>

RazorpayX Payroll supports two ways to process your monthly payroll:

* Via Payroll Wallet
* Via RazorpayX-powered Current Account

<img src="https://razorpay.com/docs/build/browser/assets/images/current-account-x.jpg" width="800" />

## What's the Difference?

This section highlights the key differences in features, benefits and applications of each offering, enabling you to make an informed decision tailored to your circumstances.

| **Feature**                                                                               | **RazorpayX Payroll via Wallet**                                                                 | **RazorpayX Payroll via Linked-Current Account**                                                                                                                                                                       |
| ----------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------ | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Core Payroll Features: Salary calculations, disbursals, Compliance payments & Filings** | ✓                                                                                                | ✓                                                                                                                                                                                                                      |
| **Full Stack Contractor Payments & Filing: Part-time employee & Vendor Payments**         | <ul><li>Only Part-time Employee payments are supported</li><li>NO automated 26Q filing</li></ul> | <ul><li>Part-time Employee Payments</li><li>Vendor Payments</li><li>Auto 26Q Filing</li></ul>                                                                                                                          |
| **Frictionless money movement**                                                           | <ul><li> Manual fund loading every month</li></ul>                                               | <ul><li>No manual fund loading(as payments are directly triggered via Current Account)</li><li>Faster Salary Disbursals</li></ul>                                                                                      |
| **Exclusive features**                                                                    | -                                                                                                | <ul>Access exclusive features like:<li>Bank Account Verification of all your Employees.</li><li>Ensure salary is getting credited to the right Employee</li></ul>                                                      |
| **Access to RazorpayX Business Banking+ Platform**                                        | ✗                                                                                                | <ul><li>Get access to our Business Banking+ dashboard for all your other Payouts like Refunds, Cashbacks, Incentives, Loans, Claims, Winnings and so on.</li><li>Get access to APIs, Bulk and Single Payouts</li></ul> |

## Opening a RazorpayX-powered Current Account

Our comprehensive service eliminates the need for in-person office visits. We provide end-to-end assistance, including online application processing and convenient verification at your location through our dedicated Relationship Manager.

### Partner Banks

We currently have tech integrations with:

* RBL Bank
* Yes Bank
* IDFC First Bank
* Axis Bank

<AccordionGroup>
  <Accordion title="Open a RazorpayX-powered Current Account">
    Streamline your payroll operations with a dedicated business banking solution. Use [RazorpayX-powered Current Account.](https://razorpay.com/docs/x/account-types/current-account/)
  </Accordion>

  <Accordion title="Integrate Your RazorpayX-powered Current Account with Payroll">
    Integrate your payroll system with a powerful business banking solution. Use [RazorpayX Payroll and Current Account integration.](https://razorpay.com/docs/payroll/integrations/current-account)
  </Accordion>
</AccordionGroup>

<Warning>
  **Watch Out!**

  You can seamlessly upgrade from Payroll Wallet to Current Account at any time with zero operational disruption. Our team will provide full support throughout the transition process.
</Warning>