QUICK ANSWER

Fee collection software in India is priced as either % of collection (e.g. 2% per transaction) or fixed monthly subscription (e.g. ₹2,999–₹11,999/mo). At ₹5L/month collection, a 2% platform costs ₹10,000/mo; a ₹5,999/mo subscription saves ₹4,000/month. FastFee is subscription-based — no percentage cut on what you collect.

Schools · Coaching · NBFC · Society · India 2026

Fee Collection Software Pricing India 2026

Two pricing models dominate India's fee and payment collection software market — percentage-of-collection and fixed monthly subscription. Which is cheaper depends on how much you collect every month. Use the calculator below to compare.

Cost Calculator — % vs Subscription

Enter your monthly collection to see what each pricing model costs.

₹K / mo
FastFee (Growth plan)
₹5,999/mo
Flat — no % cut on collections
2% platform (e.g. PayMyFees)
₹10,000/mo
At ₹5.0L/mo collection
1% platform cost
₹5,000/mo
At ₹5.0L/mo collection
0.5% gateway pass-through
₹2,500/mo
Payment processing cost only
At ₹5.0L/month: FastFee saves ₹4,001/month vs a 2% platform — ₹48,012/year.

Break-even Volume — When Does Subscription Beat %?

A subscription becomes cheaper than a % platform once your monthly collection crosses the break-even point. Most established schools, coaching centres and NBFCs collect well above these thresholds.

FastFee PlanMonthly FeeCheaper than 2% platform aboveCheaper than 1% platform above
Starter (₹2,999/mo)₹2,999₹1.5L/month₹3L/month
Growth (₹5,999/mo)₹5,999₹3L/month₹6L/month
Scale (₹11,999/mo)₹11,999₹6L/month₹12L/month

What % platforms charge — watch for these

•2% on every collected rupee — tuition, transport, hostel, activity charged separately
•Some charge % on outstanding even when using your own payment gateway
•Setup or module unlock fees on top of the transaction %
•Annual renewal charges even on % based models
•% doesn't include UPI AutoPay mandate setup (often separate cost)
•No free trial for high-volume plans — commit before testing at scale

FastFee Subscription Plans

Starter
₹2,999/mo
₹1,999/mo on annual plan
  • ✓Up to ₹10L monthly collection
  • ✓WhatsApp reminders
  • ✓UPI payment links
  • ✓Student/member ledger
Get Started →
MOST POPULAR
Growth
₹5,999/mo
₹3,999/mo on annual plan
  • ✓Up to ₹50L monthly collection
  • ✓UPI AutoPay mandates
  • ✓eNACH setup
  • ✓Recovery escalation
  • ✓Outstanding dashboard
Get Started →
Scale
₹11,999/mo
₹7,999/mo on annual plan
  • ✓Unlimited collection
  • ✓Multi-branch / multi-site
  • ✓Bank reconciliation
  • ✓API / CSV integration
  • ✓Dedicated CSM
Get Started →

What Every Plan Includes

FastFee pricing covers collection operations. Payment processing cost (UPI gateway, eNACH) is separate and depends on your payment gateway.

WhatsApp reminders

Automated due date + overdue reminders. No per-message cost.

UPI payment links

One-click UPI link in every WhatsApp. Any UPI app.

AutoPay mandates

UPI AutoPay setup for recurring auto-debit. No per-mandate charge.

Payer ledger

Full payment history, outstanding, receipts per student/member.

Outstanding dashboard

Real-time: paid, unpaid, pending, chronic defaulters.

Partial payments

Split payments with clean balance carry-forward.

Bank reconciliation

Auto-match credits to accounts. No manual statement matching.

Recovery workflow

WhatsApp → reminder → escalation → PTP → field team.

Who Uses FastFee

Schools & Colleges
₹5L–₹2Cr/month

Tuition + transport + hostel. AutoPay replaces counter rush.

Pricing for this segment →
Coaching Centres
₹1L–₹25L/month

Batch-wise fees, instalments. WhatsApp recovery.

Pricing for this segment →
NBFCs & MFIs
₹10L–₹50Cr/month

UPI AutoPay + eNACH for EMIs. PTP tracking.

Pricing for this segment →
Housing Societies
₹2L–₹20L/month

Flat-wise maintenance, AutoPay, wing-wise dashboard.

Pricing for this segment →
Gyms & Fitness
₹50K–₹10L/month

Monthly memberships, AutoPay, lapsed member recovery.

Pricing for this segment →
Equipment Rental
₹5L–₹5Cr/month

Site-wise, deposit-aware, partial payments, GST invoice.

Pricing for this segment →

FAQ

How is fee collection software priced in India?

Two models: (1) Percentage — platform takes 1–2% on every rupee collected. (2) Subscription — flat monthly fee regardless of volume. FastFee is subscription-based: ₹2,999–₹11,999/month with no % cut.

When does subscription pricing beat a 2% model?

FastFee Growth (₹5,999/mo) is cheaper than a 2% platform once your monthly collection exceeds ₹3 lakh. At ₹5L/month, subscription saves ₹4,000/month. At ₹20L/month, savings exceed ₹34,000/month.

Does FastFee charge a % of fee collected?

No. FastFee is a flat subscription. No % on collected amounts. Payment processing (UPI gateway, eNACH) is a separate cost through your payment gateway.

Enterprise or high-volume? Talk to us

Above ₹50L/month, or need multi-branch, custom integrations, or white-labelling — volume-based enterprise pricing with dedicated onboarding support.

Book a Demo →
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