Lokta vs Ned
Lokta
lokta.aiNed
nedhelps.comSide by side
| Figure | Lokta | Ned |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Linux | Yes | — |
| API | Yes | — |
| Self-hosted | Yes | — |
| Plans published | 5 | 1 |
| Spec score · Loan Management Software | 8.9 (#3) | 6.8 (#24) |
| Integrations | Ready integration examples include Digio, Cashfree, Gupshup, SMTP email, Tally and bureau reporting, while each provider is mapped and tested for the deployment. | Ned says borrowers connect bank accounts through open banking integrations and that pricing includes integrations out of the box. |
| Target customers | It serves banks, NBFCs, fintech lenders and lending service providers. | Ned says it serves community and regional banks, credit unions and CDFIs, fintechs, and non-bank lenders. |
| What it does | Lokta combines loan management, accounting, servicing, collections and reporting on one governed platform for banks, NBFCs, fintech lenders and lending service providers. | Ned is a cloud-based loan management platform for launching and scaling small-business and commercial lending programs. |
Plans
Lokta
- 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
In their own words
Lokta
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.