Lokta
No phone app
in Loan Management Software
- Recognised40% of the score68
- Phone app26% of the score0
- Documented20% of the score87
- Free plan14% of the score100
- Free plan
- Yes
- Paid plans from
- ₹1/mo
- Runs on
- api, Linux, self-hosted, Web
Summary
Lokta is an agentic loan servicing platform for work after loan approval, including servicing, monitoring, collections, and recovery. It supports books for personal, consumer durable and BNPL, vehicle and EV, home, loan-against-property, business/MSME, and supply-chain or invoice-finance loans. Its agents propose actions, while a deterministic core checks policy and approvals before changes reach the ledger. Connections include NACH and UPI rails, payment aggregators, core banking and escrow, credit bureaus, co-lending partners, collection agencies, and WhatsApp channels. Lokta can run on AWS, Microsoft Azure, Google Cloud, on-premises, or inside a customer virtual private cloud. Stated controls include OIDC/OAuth2, role-based access, maker-checker workflows, audit trails, tenant-separated databases, and field-level PII encryption. Tenants can pin deployments to a region, with separate deployments for each residency boundary. Loan origination, underwriting, credit decisions, and origination-time pricing are outside its scope. The Next 100 programme lists a 0.00 INR per free platform fee for 24 months for eligible NBFCs, but also lists migration at ₹1 lakh one-time plus applicable taxes and bank integration at ₹50,000 plus applicable taxes. After the free term, the listed charge is 1.00 INR per month: 1 bps on AUM, or ₹1,000 per crore, plus applicable taxes; AI usage is metered separately.
Who it is for
Lokta is intended for banks, NBFCs, fintech lenders, and lending service providers that need post-approval loan servicing. Its supported loan books span personal, vehicle, home, business, and other listed lending types.
What is good
- Supports multiple loan types and servicing needs
- Offers cloud, on-premises, and virtual private cloud deployment
- Agents propose actions subject to policy checks
- Includes API access
What to know first
- Loan origination and underwriting are out of scope
- Next 100 migration costs ₹1 lakh plus applicable taxes
- Bank integration costs ₹50,000 plus applicable taxes
- AI usage is metered separately after the free-term charge
Verdict
Lokta focuses on loan servicing after approval, with integrations, regional deployment options, and controls for approving agent-proposed actions. Eligible NBFCs should account for the stated migration and bank integration charges alongside the programme's free platform term.
Lokta plans and pricing
All plansCompared on loan management software
- Free plan
- Nolokta.ai
- Deployment
- bothlokta.ai
- Interest calculation
- bothlokta.ai
- Payment scheduling
- Yeslokta.ai
- Borrower portal
- Yeslokta.ai
- API access
- Yeslokta.ai
- 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 financelokta.ai
Facts
- What it does
- Lokta is an agentic loan servicing platform for servicing, monitoring, collections and recovery after loan approval.lokta.ai · 30 Sept 2026
- Target customers
- It serves banks, NBFCs, fintech lenders and lending service providers.lokta.ai · 30 Sept 2026
- Loan coverage
- The platform supports personal, consumer durable and BNPL, vehicle and EV, home, loan-against-property, business/MSME, and supply-chain or invoice-finance books.lokta.ai · 30 Sept 2026
- AI governance
- Agents propose actions while the deterministic core checks policy and approvals before changes reach the ledger.lokta.ai · 30 Sept 2026
- Origination limit
- Loan origination, underwriting, credit decisioning and origination-time pricing are currently out of scope.lokta.ai · 30 Sept 2026
- Integrations
- Lokta connects to NACH and UPI rails, payment aggregators, core banking and escrow, credit bureaus, co-lending partners, collection agencies, and WhatsApp channels.lokta.ai · 30 Sept 2026
- Integration safety
- Every feed is risk-rated and proven safe in a controlled path before it can write to the live book.lokta.ai · 30 Sept 2026
- AI models
- The integration page lists OpenAI, Anthropic, Google Gemini, Meta Llama, Mistral, Cohere and self-hosted open models as supported model choices.lokta.ai · 30 Sept 2026
- Security controls
- The stated posture includes Keycloak OIDC/OAuth2, RBAC, maker-checker workflows, structured audit trails, schema-per-tenant PostgreSQL isolation, field-level PII encryption, TLS and optional mTLS.lokta.ai · 30 Sept 2026
- Data residency
- Tenants can pin deployments to a specific region, with separate deployments for each residency boundary.lokta.ai · 30 Sept 2026
- Support
- Lokta says bureau reporting, email support and phone support are included in the Next 100 programme.lokta.ai · 30 Sept 2026
- Adoption model
- The company uses founder-led adoption with a small cohort of lenders and starts with a drift audit before anything moves.lokta.ai · 30 Sept 2026
Best Lokta alternatives
See all 20
Where it ranks on Samsung Mobile US Press
Is Lokta yours?
Claim it for free: prove the domain, then correct facts, plans and screenshots. An editor reviews every change.
Sources
- lokta.ai· checked 30 Sept 2026
- lokta.ai/platform/· checked 30 Sept 2026
- lokta.ai/about/· checked 30 Sept 2026
- lokta.ai/integrations/· checked 30 Sept 2026
- lokta.ai/lms-rfp/· checked 30 Sept 2026
- lokta.ai/next-100/· checked 30 Sept 2026