- 1Runs onAPI, Linux, self-hosted, Web
- 2CostsFree plan · paid from ₹1/mo
- 3Deploymentboth
- 4Interest calculationboth
- 5Payment schedulingYes
- 6Borrower portalYes
- 7API accessYes
- 8Loan types supportedPersonal loans, consumer durable and BNPL, vehicle and EV loans, home loans, loan against property, business/MSME loans, supply-chain and invoice finance
Overview
Lokta is an agentic loan servicing platform for work after loan approval, including servicing, monitoring, collections, and recovery. It supports personal, consumer durable and BNPL, vehicle and EV, home, loan-against-property, business/MSME, and supply-chain or invoice-finance books. Agents propose actions; a deterministic core checks policy and approvals before changes reach the ledger. The platform connects to NACH and UPI rails, payment aggregators, core banking and escrow, credit bureaus, co-lending partners, collection agencies, and WhatsApp. Each feed is risk-rated and tested in a controlled path before it can write to a live book. Deployment options include AWS, Microsoft Azure, Google Cloud, on-premises, or a customer virtual private cloud. Stated controls include role-based access, maker-checker workflows, audit trails, tenant-separated databases, field-level PII encryption, TLS, and optional mTLS. Loan origination, underwriting, credit decisioning, and origination-time pricing are outside its scope. The Next 100 programme lists a zero platform fee for 24 months for eligible NBFCs, with migration and bank integration fees; after the free term, the listed charge is 1 bps per month on AUM, plus applicable taxes.
Who it is for
Lokta serves banks, NBFCs, fintech lenders, and lending service providers. Its listed loan coverage spans consumer, vehicle, housing, business, and supply-chain books.
What is good
- Supports multiple loan types, including BNPL and EV.
- Agents propose actions subject to policy checks.
- Deployable on cloud, on-premises, or customer VPC.
- Data residency can be pinned to a region.
What to know first
- Loan origination and underwriting are out of scope.
- Migration costs ₹1 lakh one-time plus applicable taxes.
- Bank integration costs ₹50,000 plus applicable taxes.
- AI usage is metered separately after the free term.
Verdict
Lokta focuses on post-approval servicing and recovery, with agent proposals checked before ledger changes. The Next 100 programme has eligibility requirements and separate migration and integration fees.
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