Tool

RazorpayX Current Account for Businesses

RazorpayX Paid Beginner India

This is a genuinely startup-first way to open a current account in India online, with the account held by a partner bank (ICICI, Yes Bank, Axis, RBL, IDFC First) rather than by Razorpay itself. It leans into automation founders actually need early: bulk payouts, vendor payments, payroll, and multi-user access with controls. Treat it as one solid option to compare, not the only one, since pricing tiers and per-transaction charges apply.

  • You can open a current account largely online, useful when you are building outside the big startup hubs and away from a branch.
  • RazorpayX is not itself a bank: a partner bank provides the account under RBI rules, so KYC and bank terms still apply.
  • Plans are tiered and NEFT/RTGS/IMPS transfers carry a small per-transaction charge, so check the fees against your volume.
Open on razorpay.com ↗

The question it answers

  1. Should I open a separate business bank account before I even register the company, or use my personal account for now?

Read with it

  1. This lays out the real downstream cost of mixing personal and business money in plain terms: messy books, harder taxes, missed... Mercury Article Why you need a separate bank account for your business Mercury
  2. A practical, India-specific checklist of what a bank actually asks a private limited company for once you are incorporated:... IndiaFilings Article How to Open a Current Bank Account for a Private Limited Company IndiaFilings
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