An Indian payroll run has several finish lines: attendance reconciled, deductions calculated, payslips issued and salaries paid. Kredily brings those tasks into an India-focused payroll system. Its appeal starts with a free payroll engine, then expands into paid disbursement and statutory-document features.
The decision changes when your company wants to hire someone in a country where it has no legal employer. Borderless AI's EOR service addresses that employment requirement, including contracts, onboarding, payroll, taxes and benefits. An EOR becomes the legal employer while your company manages the person's daily work.
For a US, Canadian or UK company evaluating Kredily for an Indian operation, establish who will employ the team before comparing software subscriptions. A payroll account and a bank connection do not settle that question.
What each option is for
The table reflects Kredily's payroll scope, payout workflow and Borderless AI's employment service. Borderless also offers global payroll, a distinct option when employment infrastructure already exists.
Is Kredily payroll actually free?
Yes, with conditions. The Free Forever plan includes payroll, HR, attendance, leave and statutory calculations for unlimited employees. Payroll OS adds salary payouts and documents including PF/ESI challans and Form 16. Its listed price is ₹1,249 per month for up to 25 employees, plus ₹50 per additional active employee per month. Prices checked October 19, 2026.
The free tier has an active usage policy: 80% of active employees must access the platform monthly, and payslips must be generated for at least 80% of onboarded employees by the following month's 15th day. Failure can affect access or plan benefits.
That makes staff adoption part of the buying decision. If employees rarely open your HR system, check how you will meet the policy before basing your budget on the free plan.
An EOR proposal covers a different responsibility from a payroll subscription. Compare the software cost, your internal payroll work and any paid modules separately from the cost of employing someone through an EOR.
Does Kredily pay salaries or only calculate them?
It can do both, but the route matters. Kredily's payout page distinguishes direct salary disbursement through ICICI Bank from downloadable bank advice files that you upload to other banks. Direct bank payouts are a paid capability.
Ask for a demonstration using your actual company bank. Check where approval happens, who uploads a file when one is required, and how finance confirms that salaries reached employees. A generated payment file and an executed transfer are different stages of month-end work.
Apply the same discipline to statutory tasks: ask who submits each return, authorizes payments and resolves exceptions. Generated calculations or documents should have a named person responsible for the remaining work.
Can Kredily replace an EOR for an overseas hire?
Kredily's published product is built for Indian payroll. Treat payroll in another country as a requirement to confirm with the vendor, including the applicable tax engine, payment route and employment arrangement. An employee's nationality alone does not establish where payroll must run; someone working in India and someone employed overseas present different requirements.
For a buyer without a local employer in the hiring country, the decisive question is who signs the employment agreement as employer. Borderless AI is relevant when you want that role supplied through an EOR. Confirm the particular country's availability and terms before committing.
If you already employ an Indian team and add one overseas employee, replacing the team's payroll system may create unnecessary work. Keeping Kredily for the Indian operation and evaluating Borderless for the overseas hire can be sensible. Plan how finance will reconcile both sets of costs, records and approvals.
For a genuine independent contractor, begin with the engagement type and payment requirements. A contractor payment route does not establish an employee relationship, and choosing payroll software does not resolve classification.
Which should you shortlist?
Kredily deserves consideration when your problem is running your existing Indian team's payroll, especially if the free plan fits your usage and the paid payout workflow fits your bank.
Borderless AI belongs in the discussion when the missing piece is a legal employer for an international employee. Bring the hire's working country, proposed role and existing entity arrangements to that conversation. Those details determine the service you need before a feature comparison can be useful.