Paybooks
by Paybooks • Founded 2012
What is Paybooks?
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Paybooks Features
Automated payroll processing with India statutory compliance (PF ESI TDS PT LWF)
Employee self-service portal
Leave and attendance management modules
Payroll outsourcing service (Managed Payroll)
Employer of Record (EOR) for hiring without local entity
HR document management
View All 13 Features
Paybooks Pricing Plans
Paybooks Software (Custom Quote)
- Per-employee-per-month custom-quoted
- Typical INR 60-150 PEPM scaling with headcount
- In-house payroll team use
- India statutory compliance (PF ESI TDS PT LWF)
- Employee self-service portal
- Free trial available
Paybooks Managed Payroll (Custom Quote)
- Custom-quoted outsourced full-service
- Paybooks team runs your payroll
- 12+ years of expertise
- Statutory compliance handled
- Multi-state India coverage
- Up to 30 percent off via 15th anniversary promo
Paybooks EOR (Custom Quote)
- Per-employee-per-month custom-quoted
- Employer of Record service for India
- For foreign companies hiring in India without local entity
- Includes statutory employer responsibilities
- India statutory compliance handled
Paybooks Screenshots
Description
Who Paybooks Is Right For
Paybooks suits Indian SMBs and mid-market employers (typically 25-2,000 employees) wanting one platform for payroll processing plus PF ESI TDS PT LWF statutory compliance plus leave attendance and employee self-service rather than stitching Tally for payroll plus separate compliance and leave tools. Three solution paths cover in-house teams (Paybooks Software), outsourced payroll run (Managed Payroll), and hiring without local entity (EOR). It is overkill for solo contractors or 1-5 employee shops (use a CA-managed spreadsheet) and underbuilt for enterprise HRMS needs across recruitment performance and L&D (look at Darwinbox or Keka HRIS).
Paybooks 2026 Pricing
| Solution | Pricing Model | Best For |
|---|---|---|
| Paybooks Software | Custom quote per employee per month (typical INR 60-150 PEPM) | In-house payroll teams |
| Paybooks Managed Payroll | Custom quote (outsourced full-service) | Teams wanting outsourced payroll run |
| Paybooks EOR | Custom quote per employee per month | Companies hiring in India without local entity |
Paybooks does not publish list pricing publicly. Quotes scale with employee count, complexity (multi-state, multi-currency), and solution path chosen. Current 15th anniversary promotion: up to 6 months free on Software, up to 30 percent off Managed Payroll. Free trial available through sign-up.
Fees and Limits to Watch For
- Per-employee-per-month: pricing scales with headcount.
- Three solution paths: Software (in-house), Managed Payroll (outsourced), EOR (hire without entity).
- Statutory compliance included: PF, ESI, TDS, PT, LWF handled.
- Multi-state India: state-specific compliance variations covered.
- EOR add-ons: includes statutory employer responsibilities for foreign companies.
Integrations
- Accounting: Tally, Zoho Books, QuickBooks via integration.
- Banking: NEFT/RTGS/IMPS bulk salary file generation for ICICI HDFC SBI Axis Kotak.
- Attendance: biometric device integration plus mobile attendance.
- HRIS: ATS and HRMS integration via API.
- Statutory portals: PF EPFO, ESIC, TRACES TDS, Profession Tax state portals.
Security and Compliance Posture
Paybooks ships PCI-aligned data handling, India DPDP Act compliance, GDPR-compliant data handling for EU employee data, role-based access control, audit logs for payroll runs, and AWS Mumbai region hosting. Indian statutory compliance (PF, ESI, TDS, PT, LWF) built-in. Now part of TransPerfect global organisation for additional enterprise infrastructure resources.
Customer Support and SLA
Standard ticket and email support during Indian business hours. Phone support at +91 80 4710 7070. Hindi plus English language support via Bengaluru team. 12+ years of payroll outsourcing expertise on Managed Payroll path.
Eligibility and Deployment Options
Paybooks is cloud SaaS Indian payroll platform hosted on AWS Mumbai region. Sign-up via paybooks.in with free trial. Software is self-service; Managed Payroll and EOR are sales-engaged.
Mobile App and Customer Portal
Employee self-service portal is mobile-responsive. Employees can view payslips, apply for leave, submit reimbursements, and view attendance on mobile. Admin is browser-based.
Pros and Cons
- Pros: India statutory compliance (PF, ESI, TDS, PT, LWF) built-in and updated for regulatory changes, three solution paths (Software in-house, Managed Payroll outsourced, EOR hiring without entity), 12+ years payroll outsourcing expertise, 3,000+ Indian companies served, multi-state India payroll, AWS Mumbai region hosting, NEFT/RTGS bulk salary file generation, Indian DPDP Act compliance.
- Cons: custom-quote pricing reduces shopability, India-only focus limits non-Indian deployments (EOR for India hiring only), narrower than full HRMS (Darwinbox, Keka HRIS) for recruitment and performance, no native iOS or Android admin app, smaller global brand than Zoho Payroll.
2026 Updates
The 2026 roadmap includes 15th anniversary promotional offers (up to 6 months free Software, up to 30 percent off Managed Payroll), deeper TransPerfect organisational integration for enterprise resources, expanded EOR coverage, refreshed employee self-service mobile experience, and improved India statutory compliance updates for 2026 regulatory changes.
What Real Buyers Say
Indian HR and finance leaders on the r/IndianStartups subreddit describe Paybooks as the credible payroll plus compliance platform for Indian SMBs and mid-market employers wanting statutory compliance (PF, ESI, TDS, PT) handled rather than DIY through Tally. The recurring praise is the three solution paths (Software, Managed, EOR) and statutory compliance depth; the recurring complaint is custom-quote pricing and narrower than full HRMS for recruitment and performance.
Paybooks Alternatives
| Product | Best Fit | Starting Price |
|---|---|---|
| Keka HR | Indian mid-market HRMS plus payroll | From INR 9,999/month (up to 50 employees) |
| GreytHR | Indian SMB HR plus payroll | From INR 3,495/month (up to 25 employees) |
| Zoho Payroll | Indian payroll plus Zoho One stack | From INR 50/employee/month annual |
| Darwinbox | Enterprise HRMS for India | Custom quote |
| RazorpayX Payroll | Indian payroll via Razorpay neobanking | From INR 100/employee/month |
Field Guide
| Headquarters | Bengaluru, Karnataka, India |
| Parent organisation | TransPerfect (global business solutions) |
| Solution paths | Paybooks Software, Managed Payroll, EOR |
| Statutory compliance | PF, ESI, TDS, PT, LWF |
| Hosting | AWS Mumbai region |
| Compliance | India DPDP Act, GDPR, PCI-aligned |
How to Get Started With Paybooks
- Open the official Paybooks website and start free trial or request quote.
- Pick Software (in-house), Managed Payroll (outsourced), or EOR (hire without local entity).
- Configure employee data, salary structures, and India statutory components (PF, ESI, TDS, PT).
- Connect Tally, Zoho Books, or QuickBooks for accounting sync.
- Generate first payroll run with NEFT/RTGS bulk salary file.
How to Cancel or Pause
Contract terms vary by quote; typical commitments are annual. Data export covers payroll history, employee records via CSV or API. Contact [email protected] or +91 80 4710 7070.
Eligibility Checklist
- You are an Indian SMB or mid-market employer (typically 25-2,000 employees).
- You need PF, ESI, TDS, PT, LWF statutory compliance handled.
- You may need outsourced Managed Payroll or EOR hiring.
- You use Tally, Zoho Books, or QuickBooks for accounting.
- You can accept custom-quote pricing.
Pricing FAQ
- Why no public pricing? Quotes scale with employee count, complexity, and solution path.
- What's Software vs Managed? Software is self-service for in-house payroll teams; Managed Payroll is outsourced full-service run by Paybooks team.
- What's EOR? Employer of Record service for foreign companies hiring in India without setting up a local entity.
- Is there a free trial? Yes, free trial available through sign-up.
Bottom Line
For Indian SMBs and mid-market employers (typically 25-2,000 employees) wanting one platform for payroll processing plus PF ESI TDS PT LWF statutory compliance plus leave attendance and employee self-service rather than stitching Tally for payroll plus separate compliance and leave tools, Paybooks is a credible 2026 shortlist option from Bengaluru-based vendor with three solution paths (Software for in-house teams, Managed Payroll for outsourced run, EOR for hiring without local entity) plus India DPDP Act compliance and AWS Mumbai region hosting. The trade-off is custom-quote pricing and narrower than full HRMS for recruitment and performance. Shortlist Paybooks against Keka HR for Indian mid-market HRMS plus payroll, GreytHR for SMB HR plus payroll, Zoho Payroll for Zoho One stack integration, Darwinbox for enterprise HRMS, and RazorpayX Payroll for neobanking-integrated payroll. For broader market context, see the related SaaSRat blog guide. Verified on 2026-06-24. Vendor information verified from the official Paybooks website.
Frequently Asked Questions
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