Games like Banished Souls
Games like Banished Souls include Phasmophobia, Poppy Playtime, Pacify, Outlast, and Resident Evil 7 Biohazard. We matched them by the tags players give Banished Souls on Steam (Horror, Strategy, Psychological Horror, Survival Horror, and Supernatural): closest matches first, and among equally close ones the better-known games.

Phasmophobia
Shared: Horror · Psychological Horror · Supernatural

Poppy Playtime
Shared: Horror · Survival Horror · Psychological Horror

Pacify
Shared: Horror · Psychological Horror · Survival Horror

Outlast
Shared: Horror · Survival Horror · Psychological Horror

Resident Evil 7 Biohazard
Shared: Horror · Survival Horror · Psychological Horror

Bendy and the Ink Machine
Shared: Horror · Survival Horror · First-Person

Buckshot Roulette
Shared: Horror · Strategy · First-Person

Escape the Backrooms
Shared: Horror · Psychological Horror · Survival Horror

Ultimate Custom Night
Shared: Horror · Survival Horror · Strategy

Lethal Company
Shared: Horror · Survival Horror · Psychological Horror

The Outlast Trials
Shared: Horror · Survival Horror · Psychological Horror

Backrooms: Escape Together
Shared: Horror · Psychological Horror · Survival Horror

Five Nights at Freddy's
Shared: Horror · Survival Horror · Psychological Horror

Garten of Banban
Shared: Horror · Psychological Horror · First-Person

Five Nights at Freddy's 2
Shared: Horror · Survival Horror · Psychological Horror

Outlast 2
Shared: Horror · Psychological Horror · Survival Horror

Five Nights at Freddy's 3
Shared: Horror · Survival Horror · Psychological Horror

Resident Evil Village
Shared: Horror · Survival Horror · First-Person

At Dead Of Night
Shared: Horror · Strategy · Survival Horror

Firework
Shared: Horror · Psychological Horror · Puzzle

Inside the Backrooms
Shared: Horror · Survival Horror · Psychological Horror

Five Nights at Freddy's 4
Shared: Horror · Survival Horror · Psychological Horror

MiSide
Shared: Psychological Horror · Horror · First-Person

Amnesia: The Dark Descent
Shared: Horror · Psychological Horror · Survival Horror