# Credits

### What are Runtime HRMS Credits?

Runtime HRMS Credits can be used to buy certain transactional services like [Employee Information Verification](https://docs.runtimehrms.com/employee-management/information-verification/), Employee Rewards and more. Each Runtime HRMS Credit is worth **INR 1**.

{% hint style="info" %}
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.
{% endhint %}

### How to Buy Credits?

To buy Runtime HRMS Credits, login to your account at [https://account.runtime.one](https://account.runtime.one/).

Click on **List of Businesses** to view all the businesses in your account.

<div align="left"><figure><img src="https://4109542518-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fr1ZpbXBjFLtyv9GwUyPB%2Fuploads%2FpVbcHCZgmxZeLpbjFsO6%2FScreenshot%202024-10-03%20111628.png?alt=media&#x26;token=8dc7c728-bdfc-479c-b9c4-7d6f3f8f5d88" alt=""><figcaption><p>List of Businesses on Account Management Portal</p></figcaption></figure></div>

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:

<div align="left"><figure><img src="https://4109542518-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fr1ZpbXBjFLtyv9GwUyPB%2Fuploads%2FxbZPvOSoSFRfjh8I3GDS%2FScreenshot%202024-10-03%20111739.png?alt=media&#x26;token=45bd9223-e7b9-4dfd-859d-a43b7b2b84ee" alt="" width="563"><figcaption><p>Runtime HRMS Credits Balance</p></figcaption></figure></div>

Click on **Buy** to buy more credits. You will see a dialog box as shown below:

<div align="left"><figure><img src="https://4109542518-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fr1ZpbXBjFLtyv9GwUyPB%2Fuploads%2FoWNyE9AadCyitSXVWLrP%2Fruntime-hrms-credits-dialog.png?alt=media&#x26;token=86ff5bea-76a7-4aa6-bed4-f8f3cc6afeb7" alt=""><figcaption><p>Credit buying dialog</p></figcaption></figure></div>

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.

{% hint style="info" %}
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.**
{% endhint %}

### How to Use Credits?

Runtime HRMS Credits can be used for following services:

1. Employee Bank Account Verification
2. Employee PAN Verification
3. Employee Aadhar Verification
4. Giving Rewards to employees

Learn more about [information-verification](https://docs.runtimehrms.com/employee-management/information-verification "mention")