Lokta
Lokta: A configurable platform for servicing, collections, accounting, and controls across loan operations. Ranked #10 of 30 in Loan Management Software by our editors (8.4/10); pricing: Paid; best for indian lenders seeking configurable loan operations.
At a glance
- Editor score8.4 / 10
- PricingPaid
- Best forIndian lenders seeking configurable loan operations
- Free planNo
- Paid from₹1,000/unit/mo
- Borrower portalYes
- Facts checked22 Sep 2026
Where it wins
- 190-parameter builder supports configurable retail loan products
- Event-sourced ledger covers servicing, accounting, and audit trails
- Integrates with NACH, UPI, bureaus, banking, and borrower channels
Where it doesn't
- Free term is limited to eligible NBFCs in an application-only programme
- Migration and bank-integration fees are separate from the subscription
- AI agents propose actions within approval and policy controls
Our verdict on Lokta
Lokta is a loan servicing and management platform for banks, NBFCs, fintech lenders, and lending service providers. It focuses on post-approval operations, including repayment schedules, payments, prepayments, rate resets, restructures, closures, collections, recovery, accounting, monitoring, and audit trails. The platform supports personal loans, consumer durable and BNPL, vehicle and EV loans, home loans, loan against property, business and MSME loans, and supply-chain and invoice finance. It can operate above an existing loan management system or use its own loan ledger, with web, API, and self-hosted deployment options.
The published Lokta Next 100 plans show a free term for eligible NBFCs in an application-only programme. During that term, the package includes loan management, collections, accounting, reporting, analytics, and controls. After the free term, or earlier threshold crossing, the published rate is ₹1,000 per crore of AUM per month, billed monthly. Migration and bank-integration fees are separate from the platform subscription, so lenders should assess the full implementation scope alongside the recurring AUM-based charge.
Lokta’s strongest distinction is operational depth: its double-entry, event-sourced ledger sits alongside a 190-parameter product builder, loan-level accounting and GL mapping, maker-checker controls, structured audit records, and parallel reconciliation from legacy systems. AI servicing agents can propose routine actions, while policy checks, approvals, and audit trails keep those actions within lender-defined controls. Integrations span NACH, UPI, payment aggregators, core banking and escrow, credit bureaus, co-lending partners, collection agencies, WhatsApp, and borrower channels. Lokta suits lenders that need configurable servicing and controlled migration; teams seeking a simpler, narrowly focused loan tool may find this operational breadth unnecessary.
Your product? Our editors can test Lokta in depth and publish a review, labelled as paid · from $149/mo →
Lokta pricing
All 2 Lokta plans and prices →
Lokta fact sheet
| Free plan | No |
|---|---|
| Paid from | ₹1,000/unit/mo |
| Deployment | Both |
| Interest calculation | Both |
| Payment scheduling | Yes |
| Borrower portal | Yes |
| API access | Yes |
| Loan types supported | Personal loans, consumer durable and BNPL, vehicle and EV loans, home loans, loan against property, business/MSME loans, supply-chain and invoice finance |
| Deployment | Cloud, Self-hosted |
| Platforms | Web |
| Support | Email, Phone, Docs |
| Built for | Mid-market, Enterprise (editorial estimate) |
| Integrations | 8 integrations: NACH, UPI, Payment aggregators, Core banking and escrow, Credit bureaus, Co-lending partners … See all → |
| Pricing | Paid (source) |
| Website | lokta.ai |
| Facts checked | 22 Sep 2026 |
Lokta integrations
Lokta lists 8 integrations on its own site.
- NACH
- UPI
- Payment aggregators
- Core banking and escrow
- Credit bureaus
- Co-lending partners
- Collection agencies
- WhatsApp and borrower channels
Alternatives to Lokta
- Frappe LendingBroad lending coverage with free self-hosting and cloud hosting from $5 per month.9.4
- Apache FineractA mature open-source foundation for configurable lending and core banking workflows.9.2
- AFSVisionA broad commercial lending system for institutions managing complex loan portfolios.9.1
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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