Lokta

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About

Lokta is a loan-servicing platform for the work that follows approval: 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 suggest actions, while a deterministic core checks policy and approvals before changes reach the ledger. Connections span NACH and UPI, payment aggregators, core banking and escrow, credit bureaus, co-lending partners, collection agencies, and WhatsApp. Feeds are risk-rated and validated in a controlled path before they can write to the live book. Deployment options include AWS, Microsoft Azure, Google Cloud, on-premises, and a customer virtual private cloud. Listed security controls include OIDC/OAuth2, role-based access, maker-checker workflows, audit trails, tenant-separated PostgreSQL schemas, field-level PII encryption, TLS, and optional mTLS. Tenants can pin deployments to a region. The platform supports API access, payment scheduling, borrower portals, and both interest calculation methods. Origination, underwriting, credit decisions, and origination-time pricing are out of scope. Next 100 is free of platform fees for 24 months for eligible NBFCs, subject to stated conditions and separate charges.

Who it is for

Lokta is aimed at banks, NBFCs, fintech lenders, and lending service providers managing post-approval loan operations. It may suit teams that need region-specific deployment and policy checks before automated actions reach the ledger.

What is good

Covers multiple loan books, including BNPL and invoice finance.
Connects to NACH, UPI, core banking, and WhatsApp.
Supports cloud, on-premises, and customer VPC deployment.
API access, borrower portal, and payment scheduling are listed.
Next 100 offers 24 months without platform fees to eligible NBFCs.

What to know first

Origination and underwriting are out of scope.
Migration costs ₹1 lakh one-time plus applicable taxes.
Bank integration costs ₹50,000 plus applicable taxes.
After the free term, usage is 1 bps monthly on AUM.

Verdict

Lokta concentrates on servicing and recovery rather than loan origination. Its deployment and integration options are broad, but eligible lenders should account for migration, bank integration, and post-term charges.

Compared 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
Deployment: Lokta can run on AWS, Microsoft Azure, Google Cloud, on-premises or inside a customer virtual private cloud.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