Lokta
- Android app
- Not listed
- Free plan
- Yes
- Paid plans from
- ₹1/mo
- Runs on
- api, Linux, self-hosted, Web
Summary
Lokta is an agentic loan servicing platform for managing loans after approval, including servicing, monitoring, collections, and recovery. It supports books covering personal, consumer durable and BNPL, vehicle and EV, home, loan-against-property, business/MSME, and supply-chain or invoice finance. Its agents propose actions, while a deterministic core checks policies and approvals before updates 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 within a customer's virtual private cloud. Stated controls include role-based access, maker-checker workflows, audit trails, tenant-separated databases, and field-level PII encryption. Loan origination, underwriting, credit decisioning, and origination-time pricing are outside its scope. The Next 100 programme offers eligible NBFCs a zero platform fee for 24 months, but migration costs ₹1 lakh one-time plus applicable taxes and bank integration costs ₹50,000 plus applicable taxes. After the free term, the listed charge is ₹1,000 per crore monthly on AUM, plus applicable taxes; AI usage is metered separately.
Who it is for
Lokta is for banks, NBFCs, fintech lenders, and lending service providers managing loans after approval. Its supported loan books span consumer, vehicle, property, business, and supply-chain finance.
What is good
- Covers several consumer, commercial, and supply-chain loan types.
- Agents propose actions subject to policy and approval checks.
- Can be deployed in cloud, on-premises, or a customer VPC.
- Supports NACH and UPI payment rails.
- Tenants can pin deployments to a region.
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.
Verdict
Lokta is focused on post-approval loan servicing rather than origination or credit decisions. Eligible NBFCs should weigh the programme's free platform period against migration, integration, and later usage charges.
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
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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