Frappe Lending
7.7#1 in loan management softwareFrom $5 a monthFree planWebAPISelf-hosted
VisitFrappe Lending vs Lokta
What both publish
| Fact | Frappe Lending | Lokta |
|---|---|---|
| API | The product is described as end-to-end REST API compatible, and its API documentation shows POST endpoints for invoices, repayments and charge calculations. | Lokta documents a REST API with 314 endpoints grouped into 35 sections. |
| Collateral | Collateral can be categorized, assigned to loans, released, price-tracked and monitored for shortfalls. | Collateral management tracks assets, valuations and documents through the life of a loan. |
| Integrations | The eKYC India app provides two-way Digio integration for Aadhaar identity checks, electronic signatures and webhook status updates. | Ready integration examples include Digio, Cashfree, Gupshup, SMTP email, Tally and bureau reporting, while each provider is mapped and tested for the deployment. |
| Licence | The Frappe Cloud Marketplace identifies the Lending code as GNU GPL version 3 and attributes copyright to Frappe Technologies and contributors. | 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. |
| Security controls | Frappe states that the platform includes role-based access, document versioning and audit logs. | Lokta describes Keycloak OIDC/OAuth2, tenant-scoped realms, role-based permissions, field-level authorization, maker-checker changes and replayable audit records. |
| Support | Frappe says its engineers handle bug-fix support through support portal tickets, while functional support is excluded from Product Warranty. | Starter includes bureau reporting, email support and phone support, while Enterprise offers dedicated engineering support. |
Frappe Lending plans
- Self-hostFree
- Self-hostedFree
- Frappe Cloud Sites$5 a month
- Frappe Cloud Servers - Hetzner$20 a month
- Frappe Cloud Servers - Dedicated$60 a month
Lokta plans
- Lokta Next 100Free
- Starter (Lokta Next 100)Free
- Lokta Next 100 after free term₹1 a month
- Scale-up$100 a month
- EnterprisePriced on request
Pick Frappe Lending if…
Frappe Lending suits financial institutions, NBFCs, and lenders that need to manage lending operations in one system. Its API, workflows, and permissions may suit teams connecting applications or configuring lending processes.
Pick Lokta if…
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.