Keep a 20-year home loan right as everything around it changes.
Rates reset. Income changes. Construction progresses. Borrowers prepay, top up and restructure. AI agents read each change; Lokta keeps the borrower, the property, the schedule and the servicing history connected for the whole tenor. Every change to money or to the security waits on your policy and a named approver.
30 minutes with the product team. No generic demo.
Home loans, on a platform built by the team behind Apache Fineract, the world's #1 open-source lending core.
A home loan rarely stays as sanctioned.
Over twenty years the rate, the balance, the property and the borrower's plan all move. Lokta reads each change and prepares what follows: the new EMI or tenor, the redrawn schedule, the release, the return.
- Floating-rate resetEMI or tenor follows your policy, the election is recorded, and a reset never grows the principal.
- Tranche and pre-EMI to EMIStage-wise release on evidence, PEMI until the last tranche, interest from each disbursal date.
- Part-prepayment and foreclosureThe schedule redrawn on the actual date, the charge set by rate type, a foreclosure quote read as the leaving signal.
- Top-up and linked loansA top-up or transfer on the same property, on the record with the schedule that follows.
- Property and insurance eventsRevaluation, insurance renewal, part-release and substitution, each staged for an approver.
- Release and document returnCERSAI release at closure and the 30-day return clock, with its daily exposure.
What the AI agents watch.
None of it is a black box. On every account, every day, the agents read a named set of dates, states and clocks: the next reset, the next tranche, the next subsidy claim, the property clocks.
See what the servicing agents do- Reset dates and electionsThe next reset per account, the options offered, the choice recorded.
- Tranche stage and PEMI ageThe stage the property is at, the evidence the next tranche waits on, how long PEMI has run without possession.
- Subsidy claim stateEach instalment lodged, released or denied, and whether the account still qualifies.
- Property clocksCERSAI registration and release, insurance expiry, LTV against the band, and the 30-day document-return clock.
You stay in command.
A reset election, a tranche release, a subsidy claim, a re-price to keep a leaving borrower: agents prepare it and a named approver decides it. Where a required control cannot be evidenced, the workflow halts and waits for a human.
- Agents stageA reset, a tranche release, a revaluation, a re-price. Staged, never executed.
- A named approver decidesNothing touching money or the security moves on one person's click; the decision is recorded with its evidence.
- Gates fail closedLTV against the regulator's band, geography, dedupe and total exposure. A failing gate names itself.
Three more controls on the action
- Part-release re-testsReleasing one property re-runs LTV on what remains, before the action is staged.
- Obligations fixed at sanctionWhich dated rules bind a loan is computed once and stored; two loans days apart can differ.
- One dossier, two viewsThe loan view and the portfolio register read the same dossier, so they cannot drift.
30 minutes with the product team. No generic demo.
Everything you expect from a home-loan LMS, before any of the above.
The differentiated part sits on a plain one. Six things Lokta's loan management system does on every home-loan account, stated so you can tick them off.
- SchedulesEMI and pre-EMI, part-payment, foreclosure, moratorium and restructure, redrawn on the actual payment date.
- Interest and ratesDaily reducing balance from each disbursal date; fixed, floating and tiered products, with conversion between them.
- Payments and accountsNACH, UPI and gateway receipts in the product's waterfall; separate disbursement and repayment accounts.
- ChargesFees and penal charges under the 2024 directions; the foreclosure charge by rate type, so a floating-rate loan to an individual carries none.
- Classification and accountingDPD, SMA and IRAC stages, provisioning and Ind-AS; double-entry to mapped GL heads; NHB returns from the same ledger.
- Documents, bureau and auditStatements, NOCs, KFS and APR; post-disbursement documents chased against their dates; bureau connector; the audit trail behind every change.
Five things decide what a home loan earns over twenty years.
Each is a rule or a market fact you already live with, and each ends in what Lokta does about it.
- 01
The reset is a duty
4 options at every floating-rate reset: switch to fixed, raise the EMI, stretch the tenor, prepay
Every benchmark move re-prices the floating book, and each reset is a conversation: options offered, principal never growing, a quarterly statement.
So Lokta computes EMI against tenor per account, records the election, issues the statement.
RBI, DOR.MCS.REC.32, Aug 2023 - 02
The exit is free
100 bps of repo cuts between February and June 2025, with no floating-rate foreclosure charge
No foreclosure charge on a floating-rate loan to an individual: a rate cut re-prices the book and the seasoned borrower can walk.
So Lokta reads the foreclosure quote as intent to leave, then stages a re-price.
RBI; Pre-payment Charges Directions, Jul 2025 - 03
Interest runs from the rupee
3 practices RBI named as unfair and ordered corrected with refunds, with immediate effect
Accrue from sanction, charge a full month on a partial disbursal, or an advance instalment on the whole loan: a refund follows.
So Lokta accrues from each disbursal date, on the amount actually out.
RBI, Fair Practices Code, Charging of Interest, Apr 2024 - 04
The subsidy is five claims
₹1.80 lakh at most, as 4% on the first ₹8 lakh, in five yearly DBT instalments
Paid only into a live account with more than 50% principal outstanding; CLSS-era loans carry an upfront credit to explain on foreclosure.
So Lokta lodges, reconciles and applies each instalment to the schedule when it lands.
MoHUA, PMAY-U 2.0 Interest Subsidy Scheme, 2024 - 05
The tranche waits on the builder
1 lakh stalled homes for the second SWAMIH fund (₹15,000 crore) after the first finished 50,000
Each carries a part-disbursed loan paying pre-EMI with no possession, and a tranche waiting on a stage the builder may never reach.
So Lokta holds the tranche until evidence lands, ages the PEMI as early warning.
Union Budget 2025-26; SWAMIH
Evaluating vendors instead?
One platform, configured for home loans.
The same loan management system, servicing agents and lending ontology run every book; on this one the policy and the workflow are shaped for a twenty-year secured loan. How control works, where it runs, and how it differs from a record-keeping LMS are on the Solutions page, said once.
What lenders ask first.
What does Lokta do on a home-loan book after disbursal?
It runs the loan for its life: tranches and PEMI, interest from each disbursal date, resets with the options the rules require, subsidy claims reconciled, top-up and transfer, and at closure the CERSAI release and 30-day document return. Origination and credit decisions stay with you.
What happens at a floating-rate reset?
Your borrower is offered the options RBI's August 2023 directions require: switch to fixed, raise the EMI, stretch the tenor, or prepay. A stretch may never grow the principal. Lokta computes EMI against tenor, records the election and issues the quarterly statement.
Can an agent release a tranche or re-price a leaving borrower on its own?
No. It prepares the release or re-price, inside a band you declare, with the evidence attached. A named approver signs anything that changes money or loan state; outside the band the workflow stops and escalates. Once approved, the outcome posts to the loan record.
How is this different from a loan against property on Lokta?
Same property spine under both: CERSAI, custody, insurance, valuation, LTV. Here you run the borrower and the repayment plan over a long tenor: resets, tranches, subsidy, prepayment. On a loan against property you watch business cash flow and the collateral.
Do we have to replace our LOS, our underwriting or our LMS?
Not your LOS and not your credit decisions: Lokta runs the book after approval and takes the sanctioned terms as given. Not your LMS either, unless you want to. The servicing agents run on the core you already have, connecting to it for borrower and loan context and staging work into it; a book can move onto Lokta's own loan management system when you are ready, one book at a time.
What happens after we show you our book?
Thirty minutes with the product team on the book as it runs today: how resets and tranche disbursals are handled, where PMAY reconciliation sits, and which statutory clock you are closest to missing. A reply lands inside a business day, and it is as likely to be a caveat as a proposal.
Bring us one difficult workflow.
Your home-loan book, how you run resets and tranches today, and which of the statutory clocks worries you most. You get a straight read on fit and direct access to the founding team.