Best OkCredit Alternative in India (2026): Top 5 Khata & Loan Tracking Apps
OkCredit pioneered the digital khata category in India, but as the lending and accounting space evolved, many users — especially money lenders, financiers, and SMEs — outgrew its feature set. If you're hunting for an OkCredit alternative in 2026, here are the five strongest options ranked by feature depth, pricing, and India-specific use cases.
Why look beyond OkCredit?
- No native EMI scheduling for interest-bearing loans
- Reminder automation is limited to paid plans
- Lender-specific reports (amortisation, byaj summary) are basic
- Review your requirements for interest models, statements and sharing before choosing an app.
Quick comparison
| App | Best for | Free | Pro | EMI engine | Auto WhatsApp |
|---|---|---|---|---|---|
| VyajPay | Money lenders, EMI tracking | Yes | ₹249/mo | Yes — flat & reducing | Yes |
| Khatabook | Shop udhaar | Yes | Check provider | No | Manual |
| Byaj Book | Interest tracking only | Yes | Check provider | Partial | Manual |
| MyBillBook | GST billing + khata | Yes | Check provider | No | No |
| Vyapar | SME accounting + inventory | Limited | Check provider | Limited | No |
1. VyajPay Editor's pick
VyajPay features: VyajPay is a bookkeeping app supporting interest-bearing lending rather than retail udhaar. If you give loans and charge byaj/vyaj, compare the tools against the interest models, scheduling and records you need.
- Native flat & reducing-balance EMI engine
- A daily WhatsApp due-list sent to you, listing who owes what today (Pro)
- Customer khata + structured loan ledger in one app
- PDF amortisation statements with your business letterhead
- Offline-first with cloud sync across your devices
- English / Hindi / Gujarati UI
- Digital Locker — agreements and ID proofs attached to each borrower
Pricing: Core tracking is free; optional Pro at ₹249/month or ₹1,499/year (7-day free trial). Download for Android.
2. Khatabook
India's most-installed khata app with the widest language support (13+). Strongest for kirana shops with simple credit/debit ledgers. Limited interest engine; manual reminders on most plans. Read our full Khatabook vs VyajPay comparison.
3. Byaj Book
Focused name-fit for byaj tracking. Handles simple interest reasonably but the UI feels dated and there is no proper amortisation engine for reducing-balance EMIs. See our Byaj Book alternative piece for a full breakdown.
4. MyBillBook
Solid choice if your primary need is GST invoicing with a side of khata. Not designed for lenders — there is no EMI module. Strong reporting for retail and B2B sales businesses.
5. Vyapar
SME accounting workhorse with inventory, GST, payroll, and basic ledger. Heavy for a single-user lender; better suited to traders managing inventory + receivables.
How to choose
- You lend money & charge interest: VyajPay.
- You run a kirana shop with udhaar customers: Khatabook.
- You bill GST invoices and want a khata too: MyBillBook.
- You manage inventory + accounting: Vyapar.
Migrating from OkCredit
OkCredit lets you export your customer list as PDF/CSV from Settings → Backup. VyajPay does not offer a general file importer. Enter records manually or use Smart Scan on authorized ledger photos, then verify every extracted row.
FAQ
Which OkCredit alternative is the most secure?
VyajPay uses encryption in transit and Firebase cloud sync. App Lock supports PIN and biometrics; keep exports of important records. Your data is never sold.
Can I use multiple devices on the same account?
Yes, VyajPay syncs across your devices — Android and iPhone. There is no browser version of either app for day-to-day use.