Razorpay Fee Calculator

Guide

About the Razorpay Fee calculator

Our Razorpay fee calculator is a free, instant tool that shows exactly how much Razorpay deducts from a payment and what finally settles into your bank account. Razorpay is one of India's most popular payment gateways, used by everyone from solo founders to large businesses — but between the platform fee and GST, the amount you actually receive is noticeably less than the amount collected. Enter the payment, pick the method, and see the fee and your net settlement instantly.

How Razorpay's fee works

Razorpay charges a percentage of every successful payment as a platform fee. The standard rate is 2% for domestic payments — and this is the same whether the customer pays by card, UPI, netbanking or wallet. Corporate and business cards are 2.15%, and international cards (along with American Express and Diners) are charged 3%. There is no fixed per-transaction fee and no setup or annual maintenance charge on the standard plan. On top of the platform fee, the government levies 18% GST on the fee itself, which the calculator shows as a separate line so you can see the true all-in cost.

Why UPI isn't free on Razorpay

A common misconception is that UPI payments are free for merchants. The government's zero-MDR rule does mean banks can't charge a merchant discount rate on UPI and RuPay, but a payment gateway like Razorpay still charges its own platform fee for providing the technology, settlement, dashboard and support — so on Razorpay, UPI is charged the same 2% as cards. This calculator reflects that, because assuming UPI is free is exactly where merchants under-estimate their costs. (If you want a gateway where UPI genuinely is free, that's where Paytm's small-merchant tier differs — worth comparing.)

How the calculator works

The math is straightforward: fee = amount × rate%, then GST = fee × 18%, and your settlement = amount − fee − GST. On a ₹1,000 domestic payment, that's a ₹20 fee plus ₹3.60 GST, so ₹976.40 settles to you — an effective 2.36%. The fixed-fee-free structure means small and large payments cost the same percentage, which makes Razorpay simple to reason about. If you need a specific amount to settle — say you're invoicing a client for an exact figure — switch to reverse mode and the calculator grosses the collection up so the right amount lands after fees and GST.

Who this tool is for

Indian startups and SaaS founders use it to understand the gap between revenue collected and cash settled; e-commerce sellers use it to price products so margins survive the gateway fee; freelancers and agencies invoicing clients through Razorpay use the reverse mode to collect the right amount; and finance teams use it to reconcile settlements. Because it runs entirely in your browser with no signup, it's fast and private, and works on a phone.

Accuracy and important notes

Razorpay updates its pricing periodically and offers negotiated rates to high-volume businesses, so we store every rate in a dated file and stamp the page with a "fees last verified" date. The 18% GST is a statutory charge on the fee and applies to virtually all merchants. Remember these are standard published rates — your account may qualify for custom pricing, and additional charges such as instant settlement, payment links or specific methods can carry their own fees. Always confirm the final figure in your Razorpay dashboard before relying on it, but for fast, dependable estimates of what you'll actually receive, this calculator gives you a clear answer in seconds.