Lokta vs Oracle FLEXCUBE Universal Banking

Lokta

7.2 #2 in Loan Management Software

About Lokta

Oracle FLEXCUBE Universal Banking

4.9 #32 in Loan Management Software

About Oracle FLEXCUBE Universal Banking
LoktaOracle FLEXCUBE Universal Banking
Free planYesNo
Free trialNoNo
Paid from₹1/mo—
Open sourceNoNo
Platformsapi, Linux, self-hosted, Web—
Free planNo—
Deploymentboth—
Interest calculationboth—
Payment schedulingYes—
Borrower portalYes—
API accessYesYes
Loan types supportedPersonal loans, consumer durable and BNPL, vehicle and EV loans, home loans, loan against property, business/MSME loans, supply-chain and invoice finance—

Both are listed in Best Loan Management Software. On Inferse, Lokta scores higher on our published basis.