Loan Management System for NBFCs
Lokta Core is built for the 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 Core 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 Core 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 Core maps to those requirements
| NBFC requirement | Lokta Core response |
|---|---|
| Co-lending product configuration | Available in platform Multi-partner allocations, distribution waterfall, partner taxonomy as a first-class entity. |
| Partner settlement & reconciliation | Available in platform Per-partner exposure, settlement events, reconciliation queues with maker-checker on every approval. |
| Asset classification (NPA) | Available in platform Configurable DPD thresholds with explicit STANDARD / SUB_STANDARD / DOUBTFUL / LOSS lifecycle and recovery tracking. |
| Securitization-grade reporting | Available in platform Cohort cuts, pool composition, accounting events keyed to securitization MIS. |
| Per-partner audit isolation | Available in platform Schema-per-tenant Postgres with tenant context enforced at connection level; cross-partner queries blocked at the database boundary. |
| Core banking bridge | Available via standard adapter Bidirectional sync to existing CBS; Lokta Core can run as system of record or as satellite, configured during implementation. |
Why Lokta for NBFCs
Lokta is built by the team behind Apache Fineract and Finflux. Mifos and Fineract powered $300B–$600B in cumulative loan principal across 65M+ borrowers in 70 countries. The same engineering team has rebuilt the LMS layer for the agentic era — applying every lesson from a decade of 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 Core
What NBFCs typically ask in an enterprise LMS evaluation.
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Does Lokta Core support RBI co-lending guidelines?
Yes. Lokta Core 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.
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How does Lokta Core 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.
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Can Lokta Core run alongside our existing core banking system?
Yes. Lokta Core 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.
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Can Lokta Core 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.
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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.