Credits
Learn about Runtime HRMS Credits, how to buy and utilise the credits for various Addon services within Runtime HRMS.
Last updated
Learn about Runtime HRMS Credits, how to buy and utilise the credits for various Addon services within Runtime HRMS.
Last updated
Runtime HRMS Credits can be used to buy certain transactional services like Employee Information Verification, Employee Rewards and more. Each Runtime HRMS Credit is worth INR 1.
A Platform Fee of 5% will be applicable on all credit purchases from Feb 01, 2025. Please see below for more details on the total charges and tax calculations.
To buy Runtime HRMS Credits, login to your account at https://account.runtime.one.
Click on List of Businesses to view all the businesses in your account.
Depending on your account, you may see one or more businesses on this page.
To buy credits for a business, click on Manage Subscription under that business box.
Under the Available Addons section, find Runtime HRMS Credits. Your current Credit balance is displayed as shown below:
Click on Buy to buy more credits. You will see a dialog box as shown below:
Select the number of credits you wish to buy and click on Continue to generate an invoice.
Once the invoice is paid, your account will be credited with selected number of credits.
Runtime HRMS Credit are charged at INR 1 per credit plus 5% Platform fee. 18% GST is applicable on total amount. This means that to buy 100 credits, your invoice will be:
100 + 5% Platform fee = 105
105 + 18% GST = 123.90
In other words, you need to pay INR 123.90 for 100 credits, out of which your get GST credit of INR 18.90.
Runtime HRMS Credits can be used for following services:
Employee Bank Account Verification
Employee PAN Verification
Employee Aadhar Verification
Giving Rewards to employees
Learn more about Information Verification
