Lokta
What it is
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 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 a month: 1 bps on AUM, or ₹1,000 per crore, plus applicable taxes; AI usage is metered separately.
For and against
For
- 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
Against
- 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
The 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.
Who it suits
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.
Plans and prices
Starter (Lokta Next 100)
Assets up to ₹100 crore/about USD 10 million · migration ₹1 lakh one-time · bank integration ₹50,000 one-time · two new lenders per month
Read 15 Oct 2026 · lokta.ai
Scale-up
Assets above Starter ceiling · implementation USD 5,000–10,000 one-time · standard hosted deployment · metered AI billed separately
Read 15 Oct 2026 · lokta.ai
Lokta Next 100
NBFCs with AUM up to ₹100 crore at enrolment · excludes pure-play microfinance NBFCs · migration ₹1 lakh one-time plus applicable taxes · bank integration ₹50,000 plus applicable taxes
Read 30 Sep 2026 · lokta.ai
Lokta Next 100 after free term
Begins after 24 months or when average monthly AUM exceeds ₹100 crore for two consecutive months · AI usage metered separately
Read 30 Sep 2026 · lokta.ai
Enterprise
VPC deployment · multiple entities · custom integrations · procurement and security review
Read 15 Oct 2026 · lokta.ai
On the record
- 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 · read 30 Sep 2026
- AI governance
- AI agents propose actions while deterministic policy checks and required human approvals control changes to the loan book, with proposals and outcomes recorded.lokta.ai · read 15 Oct 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 · read 30 Sep 2026
- API
- Lokta documents a REST API with 314 endpoints grouped into 35 sections.developer.lokta.ai · read 15 Oct 2026
- API authentication
- Requests use HTTP Basic credentials and a Tenant-Identifier header, with idempotency and pagination conventions documented.developer.lokta.ai · read 15 Oct 2026
- API documentation
- API pages provide schemas, parameters, runnable samples in five languages, Markdown versions, Postman collection, OpenAPI specification, conventions and error guidance.developer.lokta.ai · read 15 Oct 2026
- App-store identity
- The Apple App Store listing named Lokta is a separate finance app by IT Service Nepal PVT LTD, not Lokta Tech’s lending platform, and shows 5.0 out of 5 from 5 ratings.apps.apple.com · read 15 Oct 2026
- Collateral
- Collateral management tracks assets, valuations and documents through the life of a loan.lokta.ai · read 15 Oct 2026
- Collections
- Collections tools manage overdue accounts, promises to pay, follow-up queues and recovery records.lokta.ai · read 15 Oct 2026
- Company track record
- Lokta’s own biography attributes its team to Apache Fineract work associated with about $500 billion in cumulative principal, 65 million borrowers and 70 countries, while explicitly saying those totals are not Lokta’s own book.lokta.ai · read 15 Oct 2026
- Crunchbase founders
- Crunchbase lists Ashok Auty and Nayan Ambali as founders and describes the company as active, private and for-profit.crunchbase.com · read 15 Oct 2026
- Crunchbase legal entity
- Crunchbase identifies the legal name as Lokta Tech Private Limited and lists Bangalore, Karnataka, India as headquarters.crunchbase.com · read 15 Oct 2026
- Data residency
- Tenants can pin deployments to a specific region, with separate deployments for each residency boundary.lokta.ai · read 30 Sep 2026
- Deployment
- Lokta describes AWS, Azure, Google Cloud, on-premises and customer-VPC deployments, with Docker images available for private deployment.lokta.ai · read 15 Oct 2026
- Google Play identity
- The Google Play listing named Lokta is published by ITServiceNepal (Code Durbar), describes retail accounting and inventory features, and shows 500+ downloads without a displayed numeric rating.play.google.com · read 15 Oct 2026
- Integrations
- Ready integration examples include Digio, Cashfree, Gupshup, SMTP email, Tally and bureau reporting, while each provider is mapped and tested for the deployment.lokta.ai · read 15 Oct 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 · read 30 Sep 2026
- Licence
- Lokta says it is a separate new codebase rather than an Apache Fineract fork or distribution, and no Lokta open-source licence is published on the reviewed pages.lokta.ai · read 15 Oct 2026
