Lokta vs UnPay Loan Management System
Lokta
lokta.aiUnPay Loan Management System
unpay.coSide by side
| Figure | Lokta | UnPay Loan Management System |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Linux | Yes | — |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 5 | 3 |
| Spec score · Loan Management Software | 8.9 (#3) | 7.4 (#18) |
| API | Lokta documents a REST API with 314 endpoints grouped into 35 sections. | The API can post repayments, fetch schedules and balances, raise restructures or closures, and send webhooks for due, overdue, bucket-change, and closure events. |
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
UnPay Loan Management System
- BuildFree
- EnterprisePrice not published
- ScalePriced 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.
UnPay Loan Management System
UnPay Loan Management System has no write-up on Specifiction yet; its figures are above.