Skip to content
Payroll Software for Banks

Payroll Software for Banks

Your branches are spread across cities, staff are transferred every few years, and head office still collects attendance from every branch before salaries can be worked out. Niyuk keeps attendance, leave and pay for every branch in one place.

Book a free demo Signup
Trusted by HR teams and people leaders
Chimpare Harnex Sphinx Solutions TechEra TechnoVision WebMaxy Ultra Palladian Designers

One Payroll for Every Branch and Head Office

One set of employee records for everyone who works across your branches.

A bank's staff are spread out. Branch managers, officers, cashiers and clerks work at branches in different cities and states. Head office has credit, operations, accounts, audit and HR teams. Field and collection staff spend most of the day away from any desk. Each group follows its own holidays and working Saturdays.

With Niyuk, attendance and leave from every branch feed into payroll from the same employee records. When someone is transferred to another branch, their record, leave balance and salary move with them, and head office runs one payroll for all of it.

Capabilities

Key Features of Niyuk Payroll
Software for Banks

Eight things head office HR and accounts will use every month.

Book a demo

Why Banks Struggle
With Branch Payroll

Most banks collect attendance branch by branch and put payroll together at head office. These are the problems that come with it.

Attendance from every branch

Each branch sends its attendance in its own format, and head office waits for the last one before payroll can start.

Holidays differ by state

Branches in different states close on different days, and working Saturdays change through the month.

Transfers mid-month

Staff moved to another branch partway through a month have days at two branches, which are easy to miscount.

Professional tax by state

Professional tax follows the state the employee works in, so a bank across states has several rules to apply.

Grades and allowances

Salaries depend on grade, post and location, and the allowances on top are hard to keep right by hand.

Pay questions at every branch

When staff cannot see how their salary was worked out, the questions go to the branch manager and then to head office.

01

Every Pay Run for Every Branch, in One List

See how many employees were paid each month, the amount paid out and whether the run is a draft, approved or paid.

Book a demo
02

One Register Head Office Can Check

Gross pay, deductions and net pay for each employee in one register, so you can check it before salary day.

Book a demo
03

Payslips That Answer the Branch Questions

Earnings, deductions, net pay and days paid on one payslip, so staff can see how their salary was worked out.

Book a demo
How it works

How a Bank
Runs Payroll on Niyuk

  1. 01

    Add branch and head office staff

    Enter each employee's grade, branch, joining date and salary structure once.

  2. 02

    Keep attendance and leave

    Check-ins and approved leave from every branch build up through the month.

  3. 03

    Run payroll

    Salaries are worked out with attendance, allowances and deductions for every branch.

  4. 04

    Check the numbers

    Head office reviews gross pay and deductions, then approves the run.

  5. 05

    Share payslips

    Each employee gets a payslip with earnings, deductions and net pay.

  6. 06

    Keep the records

    Each month's payroll stays saved for your auditors and later reviews.

Four bank employees in suits standing together in a branch
One Platform

HR and Payroll in One Place for Banks

When records, attendance and pay sit together, each person's details are entered once, whichever branch they are posted to.

Book a free demo
Benefits

What Changes When a Bank
Moves Payroll to Niyuk

Moving away from branch registers and Excel sheets helps you:

  • Stop waiting for attendance from every branch
  • Count holidays and working Saturdays by location
  • Move staff between branches without re-entering them
  • Apply professional tax for each state
  • Keep salary structures grade by grade
  • Check the pay run before salary day
  • Let branch managers see only their own team
  • Keep PF and ESI deductions in order every month
  • Give your auditors one set of payroll records
  • Answer fewer pay questions from branches
Who it's for

Which Banks
Can Use Niyuk?

Niyuk can support payroll for banks of different sizes and kinds:

  • Urban and district cooperative banks
  • Small finance banks
  • Payments banks
  • Private sector banks
  • Banks with branches in several states
  • Credit societies and finance companies
Why Niyuk

Why Banks
Choose Niyuk for Payroll

Head office should be able to run payroll without chasing every branch first.

Every branch in one system

Branch attendance, leave and salaries sit together, so nothing is collected and copied across.

Works across cities

Biometric and mobile app check-in mean attendance does not depend on head office.

Check before you pay

Approvals and a review of the run mean a wrong figure is caught before salary day.

Prices you can see

Plans start at ₹1,300 a month, and the full pricing is published on our site.

Add branches as you open them

Start with the branches you have and add new ones to the same system.

Help with your setup

Our team goes through your grades, branches and salary setup with you during the demo.

Client Story

From a team that made the switch

“Niyuk HR cut payroll processing time by 90% for Applikon IT Solutions Pvt. Ltd.”
Rohit G Founder, Applikon IT Solutions Pvt. Ltd.

Run Every Branch's
Payroll From One Place

Show us how your branches and head office are paid today, and we will walk you through the same setup in Niyuk. Book a free demo.

Book a free demo Signup

Frequently
Asked Questions

The questions bank HR and accounts teams ask before moving payroll.

Still have questions?

Talk to the team and we will walk you through it.

Talk to our team

It is a system that keeps staff records, attendance, leave, transfers, deductions and payslips together for a bank, so salaries for every branch and head office can be worked out each month without collecting registers and Excel sheets.

Look for software that records attendance at every branch, keeps holidays by location, handles transfers, applies PF, ESI, TDS and professional tax, and shows its prices clearly. Niyuk does this on one HRMS and payroll platform, so a demo with your own setup is a good way to compare.

Yes. Head office can run payroll for branches in other cities and states, with holidays kept by location and professional tax applied for the state each employee works in.

Each employee has one record, so their attendance, leave balance and pay carry on at the new branch. You do not need to add them again.

Holiday calendars can be set up for your branches, including Saturdays that are working days and Saturdays that are not, and connected with payroll so working days add up. Check your calendar during the demo.

Niyuk runs HR and payroll on its own platform. If you need payroll data to reach your core banking or accounting system, talk to our team about how you do it today, and we can go through it during the demo.

Salary components, allowances, deductions and additional payments can be kept with payroll. Staff loan recovery, wage revision arrears and pension schemes differ between banks, so tell us how yours work and we can check your setup during the demo.

Niyuk works out applicable PF, ESI, TDS and professional tax in each pay run and keeps the records together. The setup should match current rules and each employee's eligibility.

Yes. A bank with a few branches can use it to work out salaries and generate payslips without Excel sheets. Niyuk plans start at ₹1,300 a month for 20 employees, and each extra employee costs ₹65 a month, plus GST.

Book a demo and tell us how your branches and head office are paid today. We will show you how the same setup runs in Niyuk.

Book a Demo

Trouble booking here? Open it in a new tab