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Best Payroll Software in Mumbai (2026) – Top 10 Compared

Top 10 payroll software in Mumbai helps businesses manage Maharashtra compliance with Indian statutory laws (PF, PT, ESI, TDS), and automate complex payroll.

Payroll Software System in Mumbai

Mumbai has always attracted top talent, and paying salaries to a mammoth workforce could become an arduous task without having payroll software in Mumbai. Imagine using spreadsheets to comply with local and regional regulations, calculate leave and attendance, manage off-cycle payments, and track employee time.

The software helps organizations automate salary calculations, ensure compliance with local laws, manage attendance, and handle off-cycle payments, all without relying on spreadsheets. In a city teeming with talent and opportunities, adopting an automated payroll solution not only boosts efficiency but also enhances employee satisfaction. This guide will help you choose the best payroll software suited for your Mumbai-based organization.

10 Best Payroll Software in Mumbai for 2026

Now you know the importance of having a payroll management system. However, different payroll management softwares might be ideal for other industries. Here is a comprehensive list of the best payroll software in Mumbai for all businesses, industries, and across various price ranges.

  1. factoHR: Great choice if you want total support for compliance and multiple internal and external integrations.
  2. Razorpay: Best fit for businesses looking for payment infrastructure as well as payroll support.
  3. CrazeHQ: Ideal choice for HR teams that want a solution that connects leave, attendance, and payroll.
  4. EasyHR: Teams prefer it because of its easy interface and configuration panel that helps with integrations.
  5. Saral Pro: a secure system that allows multiuser access for collaboration.
  6. HRMthread: A cloud-based HR and payroll software that businesses like because of its support for flexible payroll cycles.
  7. Pocket HRMS: Employers prefer it because of its AI-powered payroll management features.
  8. IntelliPayroll: A locally developed software that HR teams like due to its on-ground support.
  9. TalentPro: A software that is recognized for security and mobile access.
  10. greytHR: Good choice for MNCs because of its support for 30+ countries.

1. factoHR

(4.7)
Overall
4.7
G2 Review
4.7
Google Play Store
4.1
Software Suggest
5.0
Customer Support
4.8
DIY Configuration
4.7

Features

ESS portal Vizard-driven payroll process.
AI-powered chatbot for employees Custom payroll reports and analytics.
A formula-based payroll engine for configuring payroll policies. Compliance support for EPF, ESI, PT, TDS, and new labour codes.
Integration with HRMS, attendance, performance management, and travel and expense modules.

Pricing

  • Core: ₹4,999/month (up to 50 employees), ₹69/additional employee/month. Billed quarterly.
  • Premium: ₹5,999/month (up to 50 employees), ₹89/additional employee/month. Billed quarterly.
  • Ultimate: ₹6,999/month (up to 50 employees), ₹119/additional employee/month. Billed quarterly.
  • Offers customized plans for startups and blue-collar businesses.

Best Suited

factoHR’s payroll solution is ideal for small, medium, and large enterprises in Mumbai. It is also suitable for MNCs, as it serves over 3,500 organizations in more than 20 countries.

2. Razorpay

Features

  • Automated payroll processing
  • Integrated payment and payout system
  • Statutory compliance management
  • Employee self-service portal
  • Reimbursement and expense management
  • Tax calculation and reporting tools

Pricing

  • PRIME: ₹2499/month (up to 20 employees).
  • ELITE: ₹5499/month (up to 50 employees), ₹150/additional employee/month.
  • Offers custom quotes for 100-plus employees under the ENTERPRISE plan.

Best Suited

Ideal for startups, small businesses, and growing enterprises looking for integrated payroll and payment automation.

3. CrazeHQ

Features

  • Unified Payroll and HRIS.
  • Real-time leave & attendance sync with payroll.
  • Device assignment, tracking & management (IT admin).
  • Automated India statutory compliance (PF, ESI, PT by state, TDS).
  • Employee self-service portal (web & mobile) for payslips and documents.
  • End-to-end payroll automation (arrears, bonuses, reimbursements, variable pay).

Pricing

  • Free plan.
  • Plus: $20 per month.
  • Pro: $80 per month.
  • Max: $200 per month.

Best Suited

It is ideal for startups and mid-sized enterprises with remote or hybrid teams in Mumbai.

4. EasyHR

Features

  • Payroll Components.
  • Loans / Overtime / Arrear Management.
  • Tax Declaration.
  • Salary Disbursement.
  • Payroll Reports.
  • Full and Final Settlement.

Pricing

EasyHR offers customized pricing based on features, plans, and selected add-ons.

Best Suited

It is ideal for small and medium enterprises.

5. Saral Pro

Features

  • Automated salary calculations.
  • Statutory compliance monitoring.
  • Leave and attendance management.
  • Multi-user HR collaboration.
  • Audit-ready reporting system.
  • Secure desktop payroll platform.

Pricing

Pricing is available upon request.

Best Suited

It can be ideal for mid-sized enterprises with 300-500 employees.

6. HRMThread

Features

  • PF Calculations and Reports.
  • ESIS Calculations and Reports.
  • Income Tax Management.
  • Full and Final Settlement.
  • Reimbursement and Claim Management.
  • Online TDS Declaration Management.
  • Loans and Advance Management.

Pricing

  • Base: ₹2500/month (up to 50 employees), ₹40/additional employee/month. Or $2/month/employee.
  • Standard: ₹4000/month (up to 50 employees), ₹50/additional employee/month. Or $3/month/employee.
  • Enterprise: ₹5000/month (up to 50 employees), ₹60/additional employee/month. Or $4/month/employee.
  • Ultimate: ₹6000/month (up to 50 employees), ₹80/additional employee/month. Or $5/month/employee.

Best Suited

HRMthreads’ payroll software is beneficial for medium- to large-sized businesses.

7. Pocket HRMS

Features

  • Automated salary processing and validation.
  • Employee portal for document access.
  • Compliance checks with statutory rules.
  • Mobile access for HR and staff.
  • Attendance and leave tracking system.
  • Payroll analytics for decision-making.

Pricing

  • Standard: ₹2995/month (up to 50 employees), ₹60/additional employee/month. Billed annually.
  • Professional: ₹4495/month (up to 50 employees), ₹90/additional employee/month. Billed annually.
  • Offers custom quotes for 100-plus employees under the Premium plan.

Best Suited

It is ideal for mid-sized enterprises seeking scalable payroll solutions.

8. IntelliPayroll

Features

  • Employee data management.
  • Leave tracking.
  • Salary computation and reconciliation.
  • Statutory reports.
  • User-friendly interface.
  • Remote access for HR teams.

Pricing

  • Rental Silver: ₹30 per credit.
  • Rental Gold: ₹20 per credit.
  • Rental Platinum: ₹10 per credit.
  • Rental Diamond: ₹7 per credit.
  • Rental Diamond Plus: On Demand.
  • Outright Purchase Silver: ₹50000.
  • Outright Purchase Gold: ₹75000.
  • Outright Purchase Platinum: ₹100000.
  • Outright Purchase Diamond: ₹150000.

Best Suited

Intellipayroll is best suited for small, medium, and large businesses.

9. TalentPro

Features

  • Automated payroll processing.
  • Compliance management.
  • Employee self-service portals.
  • Tax filing support.
  • Time and attendance tracking.
  • Leave and expense management.

Pricing

TalentPro is best suited for small to mid-sized organizations.

Best Suited

TalentPro is best suited for small to mid-sized organizations.

10. greytHR

Features

  • Payroll Processing.
  • Direct bank transfer.
  • Customized Payslips.
  • User-friendly interface.
  • Automated Payroll Inputs (reimbursements/loans/advances).

Pricing

  • Essential: ₹2,495/month (up to 50 employees), ₹45/additional employee/month.
  • Growth: ₹4,495/month (up to 50 employees), ₹85/additional employee/month.
  • Offers custom pricing under the Premium plan.

Best Suited

It is ideal for micro and small enterprises.

Other Popular Payroll Software Used by Mumbai Businesses

Keka

Keka simplifies payroll management in Mumbai by automating salary processing and statutory compliance. Its intuitive interface allows HR teams to manage approvals efficiently. The platform is scalable for mid-sized firms. It also integrates with essential HR functions, making payroll execution more reliable and transparent.

Quickchex

Quickchex offers payroll outsourcing services in Mumbai, ensuring timely salary disbursement and adherence to local compliance regulations. It provides comprehensive support for tax filings and reconciliations, allowing HR departments to focus on strategic priorities while maintaining accurate records.

247HRM

247HRM enables Mumbai businesses to configure payroll according to diverse pay structures and local compliance needs. Its additional module for leave management reduces administrative complexity, providing a streamlined approach to employee compensation and record-keeping.

HRMantra

HRMantra delivers efficient payroll services in Mumbai, particularly for organizations handling large and multi-shift teams. Automated compliance checks and reporting dashboards help HR teams maintain accuracy and consistency across departments.

Zoho

Zoho is recognized among payroll software companies in Mumbai for its modular approach, allowing integration with existing HR and finance systems. Payroll calculations are accurate, and its flexible setup supports organizations as they scale operations.

Zimyo

Zimyo delivers payroll services in Mumbai with a focus on automation and employee accessibility. Staff can access payslips and submit declarations independently, while HR teams benefit from reduced routine queries and enhanced compliance accuracy.

Nitso Technologies

Nitso Technologies provides tailored payroll outsourcing services in Mumbai, handling complex salary structures with precision. Its reporting capabilities support audit-readiness and offer insights that help organizations manage workforce compensation effectively.

Runtime HRMS

Runtime HRMS offers straightforward payroll management in Mumbai with automated salary calculations and compliance checks. Its cloud-based system accurately calculates payroll for small and medium-sized firms.

Smartoffice Payroll

SmartOffice Payroll simplifies payroll management in Mumbai with cloud-based processing and accurate statutory compliance. The platform scales easily with business growth, ensuring small and medium enterprises can manage payroll efficiently and maintain error-free operations.

Comparison of the Best Payroll Management Software in Mumbai

Must-Have Features of Top Payroll Software in Mumbai Ratings
Software Names Payroll Cost Analysis Customizable Payslips ESS Dashboard Geofencing and Mobile Time Tracking Performance Management G2 Capterra
factoHR 4.6/5 5/5
Razorpay 4.3/5 3.6/5
CrazeHQ
EasyHR
Saral Pro 5/5
HRMThread 4.7/5 4/5
Pocket HRMS 4.6/5 4/5
IntelliPayroll 4.6/5
TalentPro 4/5
greytHR 4.5/5 4.3/5

Payroll Compliance Rules in Mumbai, Maharashtra

The following table outlines the primary statutory payroll regulations applicable to establishments operating in Mumbai, Maharashtra. Organizations must incorporate these legislative parameters when configuring their payroll systems.

Note: This list was last updated on 26/05/2026.

Rule Penalty
Professional Tax:
  • Up to ₹7,500/month: Nil.
  • ₹7,501 to ₹10,000: ₹175/month.
  • Above ₹10,000: ₹200/month,
  • ₹300 in February. Cap ₹2,500/year.
  • Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (Mah. XVI of 1975), Schedule I.
Simple interest at 1.25%/month on overdue tax. Section 9. Non-payment after assessment: Section 10. Wilful evasion: Section 20.
Labor Welfare Fund: 5+ employees. Employee: ₹25; employer: ₹75 per employee per half-year. Section 6BB, Maharashtra LWF Act (Mah. XL of 1953), amended by Maharashtra Act 25 of 2024. Due July 15 and January 15. Interest on overdue amounts after notice of demand. Section 6B. Obstruction or failure to produce documents: Section 17A.
Provident Fund: 20+ employees. 12% each. Due by the 15th. Code on Social Security, 2020, Chapter III. 12% p.a. interest. EPF and MP Act, Section 7Q. Penal damages up to arrears. Section 14B.
ESIC: 10+ employees. Employer 3.25%, employee 0.75%. Ceiling ₹21,000/month. Due by the 15th. Code on Social Security, 2020, Chapter IV. Deducted share not remitted: 1 to 3 years of imprisonment plus ₹1 lakh. Section 133(1)(i). Other defaults: 2 to 6 months plus ₹50,000. Section 133(1)(ii).
TDS on Salary: Deduct monthly. Remit by the 7th of the following month. File Form 24Q quarterly. Section 192, Income Tax Act, 1961. Non deduction: 1%/month. Deducted but not remitted: 1.5%/month. Section 201(1A). Penalty equal to tax not deducted. Section 271C. Prosecution: 3 months to 7 years. Section 276B.
Bonus: 20+ employees. Salary ceiling ₹21,000/month. Minimum 8.33%, maximum 20%. Due within 8 months of the accounting year’s close. Payment of Bonus Act, 1965, Sections 10 and 11, subsumed under Code on Wages, 2019. Imprisonment up to 6 months and/or fine up to ₹1,000. Section 28, Payment of Bonus Act, 1965.
Minimum Wages: Must pay at or above the Maharashtra-notified scheduled rate. Code on Wages, 2019, Section 6. First offense: fine up to ₹50,000. Repeat within 5 years: up to 3 months imprisonment plus a fine of up to ₹1 lakh. Section 51, Code on Wages, 2019.
50% Wage Rule: Basic wages + Dearness Allowance (DA) + retaining allowance must be at least 50% of CTC. Code on Wages, 2019, Section 2(y). Applies to PF computation under Section 2(88) of the Code on Social Security, 2020. PF shortfall treated as arrears plus interest. Section 7Q and Section 14B, EPF and MP Act, 1952.
Gratuity: Payable after 5 years of continuous service. 15 days’ wages per completed year. Code on Social Security, 2020, Chapter V, Section 53. False statement: up to 6 months and/or a fine of up to ₹10,000. Section 58(1). General contravention: 3 months to 1 year and/or ₹10,000 to ₹20,000. Section 58(2). Non-payment: 6 months to 2 years. Section 58(3).
Shops and Establishments: 20+ employees. Overtime beyond 10 hours/day or 48 hours/week is paid at twice the ordinary rate of wages. Total overtime not to exceed 144 hours per quarter. Section 12 (daily and weekly hours) and Section 15 (wages for overtime), Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017 (Maharashtra 61 of 2017), as amended by Maharashtra Act 56 of 2025. First offense: fine up to ₹1 lakh. continuing ₹2,000/day. Section 29(1). Repeat offense: fine up to ₹2 lakh. Section 29(2). Accident resulting in serious injury or death: 6 months imprisonment and a fine of ₹2 lakh to ₹5 lakh. Section 30.

Why do You Need Payroll Software in Mumbai?

There are five reasons why you should have payroll software in Mumbai –

  1. Businesses in Mumbai provide specific allowances for metros and public transit. Having payroll software that automatically calculates these allowances would save time and effort.
  2. Due to irregular rains, employees might work from home on some days. A payroll management solution that offers online attendance would make the HR’s job easier.
  3. Businesses also provide company leased accommodation for employees in Mumbai. In such a case, a software that helps connect payroll and benefits administration would be ideal.
  4. Festivals such as Ganeshutsav are very popular in Maharashtra. The software allows employers to pay off-cycle payments for such festival bonuses.
  5. In Maharashtra, employees earning above ₹10,000 pay professional tax of ₹200 for 11 months, and ₹300 for February. The software would automatically deduct this sum from the employee’s salary, helping you avoid penalties.

factoHR Helping Mumbai Businesses Manage Payroll with Confidence

In a city crowded with millions and dominated by IT, financial services, BFSI, and pharmaceuticals, businesses need to comply with multiple laws. In addition, MNCs also need to comply with the laws of the respective countries where they operate. Add salary calculations for thousands of employees, different policy configurations for WFH professionals, variations and revisions in PT and minimum wages, and an increasing risk of data leak. All this makes it a must to invest in payroll management software in Mumbai.

factoHR helps you comply with local, national, and global regulations with real-time updates and approval workflows. It simplifies salary calculation and lets you configure different policies for various work modes. Shift management, ESS portal, AI chatbot, and flexible payroll engine all make it an appealing option. Consider your current software and evaluate your demands to make an informed decision.

FAQs

Which is the Best Payroll Software in Mumbai?

Based on client reviews, factoHR is considered a leading Payroll and HR software in Mumbai. It helps automate complex payroll as per Maharashtra compliance while offering configurable policies, ready tax reports, claim management, and AI chatbots for 24/7 employee support.

What Features Should I Look for when Selecting Payroll Software for Companies in Mumbai?

When selecting payroll software in Mumbai, you should look for features like an ESS portal, automated compliance, and audit-ready reports. Prioritize real-time updates, predictive analytics, and configurable policies to meet Maharashtra wage regulations.

Can Payroll Software in Mumbai Generate Government-Mandated Compliance Reports?

Yes, a cloud-based software can generate ready-to-file tax reports and challans. It can also generate detailed reports on PF and other government programs.

Is Cloud-Based Payroll Software Better than On-Premise Solutions in Mumbai?

Yes, a cloud-based solution is better than on-premises software for Mumbai. A cloud-based software can help manage a remote and hybrid workforce. It helps perform daily HR functions online. Lastly, it simplifies payroll and has more security features compared to on-premises software.

Can Payroll Software Help with Maharashtra Shops & Establishments Act Compliance?

Yes, payroll software can help organizations comply with local regulations, like the Maharashtra Shops and Establishment Act. The software automatically updates the criteria based on the changes in the legislation.

What are the Key Trends to Look for in Payroll Software in 2026?

Here are three key trends that businesses should look for when purchasing payroll software in Mumbai in 2026 –

  1. Hyper-personalization and automation. The software should offer personalized and automated features.
  2. AI-powered features such as predictive analytics.
  3. Lastly, features for managing distributed teams, such as the ESS portal.
Meet the author
Sales Manager

Reshmika Rakholiya is a Sales Manager at factoHR with 11+ years of experience across the IT and Manufacturing industries. She is a proven expert in delivering end-to-end HRMS and PF trust solutions to more than 4,000 businesses. Her strong background in sales strategy and business growth ensures that the content provides clear, practical insights into ROI, cost optimization, and long-term value for HR and business leaders.

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