Lokta
7.4#3 in loan management softwareFree planFree planWebAPILinuxSelf-hosted
VisitLokta vs Shaw Systems Spectrum
Shaw Systems Spectrum
6.5#5 in loan management software$50,000 one-timeWebAPI
VisitWhat both publish
| Fact | Lokta | Shaw Systems Spectrum |
|---|---|---|
| Integrations | Ready integration examples include Digio, Cashfree, Gupshup, SMTP email, Tally and bureau reporting, while each provider is mapped and tested for the deployment. | The FAQ names payment processors, originations systems, dialers, omnichannel communications vendors, statement and letter printers, email services, customer portals, and DocuSign as integration use cases or partners. |
| Rating on G2 | Lokta Core – Loan Management System is rated 4.5 out of 5 from 1 review. | 4.3 out of 5 from 6 reviews. |
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
Shaw Systems Spectrum plans
- Shaw$50,000, paid once
- Shaw Systems subscriptionPriced on request
- SubscriptionPriced on request
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.
Pick Shaw Systems Spectrum if…
Spectrum suits lenders in auto finance, banking, business lending, consumer lending, fintech, and home improvement lending. It is aimed at organizations needing configurable servicing workflows across multiple loan types.