greytHR prices from a monthly base that includes 50 employees (Essential ₹2,495, Growth ₹4,495), lists attendance and geo-fencing in Growth and GPS live tracking as a paid add-on, and covers PF with ECR, ESI, state PT, LWF, eTDS and Form 16. FundRaksha HR charges per employee (₹49, ₹79, ₹99 + GST) with GPS attendance on every plan and statutory payroll on Pro. greytHR is stronger on statutory breadth; FundRaksha HR is usually cheaper for teams below 50 that need attendance.
Side by side
| Criterion | greytHR (from greythr.com) | FundRaksha HR (from hr.fundraksha.com) |
|---|---|---|
| Price model | Monthly base including 50 employees, then per additional employee; Premium custom | Per employee per month + GST |
| Attendance | Not in Essential; Growth adds attendance, shift management, overtime, geo-fencing | GPS attendance, rules and corrections on every plan |
| GPS live tracking | Add-on, ₹140 per user per month (Growth and Premium) | GPS check-in, field mode; no continuous tracking advertised |
| Statutory payroll | PF with ECR, ESI and challans, state PT, LWF, eTDS returns, Form 16 and 12BA | PF, ESI, PT, TDS; PF ECR, ESI, PT, TDS, bank and Tally files (Pro) |
| Trial | 7 days | 30 days |
Cost at different team sizes
Calculated from list prices on each website on 21 October 2026, for a team that needs attendance and statutory payroll (greytHR Growth versus FundRaksha HR Pro). greytHR's page does not state whether GST is extra; FundRaksha HR's prices are + GST.
| Employees | greytHR Growth | FundRaksha HR Pro |
|---|---|---|
| 20 | ₹4,495 (base includes 50) | 20 × ₹79 = ₹1,580 |
| 50 | ₹4,495 | 50 × ₹79 = ₹3,950 |
| 100 | ₹4,495 + 50 × ₹85 = ₹8,745 | 100 × ₹79 = ₹7,900 |
If you need statutory payroll without attendance, greytHR Essential costs ₹2,495 a month for up to 50 employees, while FundRaksha HR's statutory payroll starts at Pro (50 × ₹79 = ₹3,950 at 50 employees). Compare at your real headcount.
Where greytHR is stronger
- Statutory breadth. greytHR lists LWF, eTDS returns and digitally signed Form 16 and 12BA. FundRaksha HR's website does not list LWF or Form 16.
- Overtime. greytHR lists overtime in Growth. FundRaksha HR does not list a dedicated overtime module.
- Live tracking option. Available as a paid add-on for field teams.
Where FundRaksha HR may fit better
- Small teams. No base that includes 50 employees, so a 20-person firm pays for 20.
- Attendance on the entry plan. GPS check-in with one phone per employee from ₹49.
- Longer trial. 30 days lets you complete a full payroll cycle.
- Billing follows headcount. Active employees only; joiners and leavers count once.
How to decide
- Count employees today and in a year.
- List what you need inside the software: attendance, live tracking, LWF, Form 16, Tally export.
- Price both at your headcount from their websites.
- Run a full month on each trial (FundRaksha HR allows 30 days) and compare payslips and the PF ECR.
Every plan has a 30-day free trial with your real team, and there is no bill for the trial period. After that, you pay only for active employees in the month. See pricing.
Check figures with the salary calculator and PF calculator.
Sources
Last reviewed: 2026-10-21. Information for Indian businesses; not legal advice.