Loan management system for NBFCs in India
Co-lending, partner settlement and RBI-style classification, on one deterministic core.
Lokta is built for the Indian NBFC reality: co-lending with bank and digital-lender partners, per-partner settlement and reconciliation, RBI-style asset classification across the full lifecycle, and securitization-grade reporting that does not require manual reconciliation. Schema-per-tenant Postgres with per-partner audit isolation enforced at the database layer; founder-led engagement from RFP through production.
What NBFC RFPs ask about
Five requirements every NBFC LMS evaluation surfaces. Each maps to a capability Lokta operates today.
Partner-aware product configuration.
Configure loan products with partner allocations baked in: NBFC originator share, bank co-lender share, distribution waterfall, partner reconciliation. Lokta treats partners as first-class entities, not a tag on the loan.
Per-partner ledger and reconciliation.
Per-partner exposure, share-of-collections, reconciliation queues, and accounting events keyed to the partner. Settlement flows through maker-checker so partner finance teams see auditable evidence on every reconciliation cycle.
NPA classification with configurable thresholds.
STANDARD / SUB_STANDARD / DOUBTFUL / LOSS lifecycle with per-tenant DPD thresholds. Recovery tracking on written-off accounts. Reporting cuts portfolio MIS by partner, geography, product, and asset class.
Pool-level data extraction without manual reconciliation.
Pool composition, cohort cuts, and securitization-grade data exports off the canonical model. The accounting events that drive securitization MIS already exist in the platform; pool extraction is a configuration, not a data-engineering project.
RBI-style audit threading across the lifecycle.
Cross-module structured audit captures actor, action, evidence, before / after on every state-changing event. Per-partner audit isolation enforces data boundaries at the database layer; tenant context is set at the connection level, not just the application.
How Lokta maps to those requirements
NBFC requirements mapped to Lokta
| NBFC requirement | Lokta response |
|---|---|
| Co-lending product configuration | Available in platformMulti-partner allocations, distribution waterfall, partner taxonomy as a first-class entity. |
| Partner settlement & reconciliation | Available in platformPer-partner exposure, settlement events, reconciliation queues with maker-checker on every approval. |
| Asset classification (NPA) | Available in platformConfigurable DPD thresholds with explicit STANDARD / SUB_STANDARD / DOUBTFUL / LOSS lifecycle and recovery tracking. |
| Securitization-grade reporting | Available in platformCohort cuts, pool composition, accounting events keyed to securitization MIS. |
| Per-partner audit isolation | Available in platformSchema-per-tenant Postgres with tenant context enforced at connection level; cross-partner queries blocked at the database boundary. |
| Core banking bridge | Available via standard adapterBidirectional sync to existing CBS; Lokta can run as system of record or as satellite, configured during implementation. |
Why Lokta for NBFCs
The people who built Apache Fineract build Lokta.Fineract and Mifos are the open-source lending core that lenders in 70 countries run on, and the ecosystem has carried an estimated $500B+ in cumulative principal for 65M+ borrowers. That is the ecosystem's total, not Lokta's own book. The same engineers have now rebuilt the LMS layer for the agentic era, on a decade of lessons from running loan books in India and emerging markets.
For NBFCs, that translates to a platform that understands co-lending, partner taxonomy, NACH rails, NPA classification, and RBI-grade audit out of the box, and is sized for AI-assisted servicing operations that generate 5-10× more tool calls per account than human-driven operations.
Common NBFC questions about Lokta
What NBFCs typically ask in an enterprise LMS evaluation.
Does Lokta support RBI co-lending guidelines?
Yes. Lokta treats partners as first-class entities, not a tag on the loan. Co-lending configuration covers NBFC originator share, bank co-lender share, distribution waterfall, and partner reconciliation: wired into the data model, settlement events, and accounting feed from day one.
How does Lokta handle NPA classification under RBI norms?
Configurable DPD thresholds drive an explicit STANDARD / SUB_STANDARD / DOUBTFUL / LOSS lifecycle. Recovery tracking continues on written-off accounts. Portfolio MIS cuts by partner, geography, product, and asset class are queryable off the canonical model: no separate NPA reporting pipeline to maintain.
Can Lokta run alongside our existing core banking system?
Yes. Lokta can run as the system of record for the loan book, or as a satellite that syncs bidirectionally with an existing core banking system. Direction and field mapping are configured during implementation against your CBS, not hard-coded.
Can Lokta produce securitization-grade reports?
Yes. Pool composition, cohort cuts, and securitization MIS exports come off the canonical model. The underlying accounting events that drive securitization reporting already exist in the platform: pool extraction is a configuration, not a data-engineering project.
How is per-partner data isolation enforced?
Schema-per-tenant Postgres with tenant context set at the database connection level: cross-partner queries are blocked at the database boundary, not at the application layer. Each partner sees its own audit; the platform owner sees the consolidated view through elevated permissions.
Invite Lokta to your RFP
Tell us your portfolio profile. Lender type, current LMS, portfolio size, partner mix, RFP stage, and target go-live. Lokta returns a fitment read and a draft response within five business days, with direct technical access to the founding team.