Key Quantitative Figures

  • Project Tejas is a ₹297 crore digital transformation program
  • Seven-year duration program
  • 266 branches pan-India footprint spanning 21 States and 1 Union Territory
  • Pilot phase implemented across 11 branches in July 2026
  • Scaled implementation to approximately 177 branches to date

Dates of Action

  • Project embarked in February 2025
  • Pilot phase implemented in July 2026
  • Press release dated September 11, 2026
  • Regulatory filing submitted on September 11, 2026

Parties Involved

Technology and Consulting Partners: PwC, IBM India Pvt. Ltd., KPMG, Pennant Technologies, Kiya, Astral Infor, Newgen, Knight FinTech, Trustt, Workline, Shephertz

Technology Ecosystem Support: Amazon Web Services (AWS), Microsoft, Fortinet, CtrlS, Motadata, Bloo, Arcon

Purpose and Rationale

Project Tejas (Tech Enhanced Journey for Agility & Scalability) aims to modernize technology infrastructure and build a connected, agile and future-ready organization. The program represents a paradigm shift towards a digital future for Can Fin Homes.

Program Details

The program establishes a modern technology foundation that enables:

  • Enhanced capabilities and seamless integration
  • Greater agility and improved customer/operational experiences
  • Adaptive scaling in digital environment
  • Integrated, cloud-enabled and data-driven ecosystem spanning lending, collections, deposits, finance, risk, document management, HR and enterprise reporting

Technical Capabilities

  • Streamlined workflows and faster decision-making through real-time monitoring
  • Customer self-service capabilities
  • Account Aggregator integrations
  • Advanced data and analytics capabilities
  • AI-enabled capabilities across document processing, bank-statement analysis, fraud controls, underwriting, collections and customer servicing

Expected Outcomes

  • Secure, scalable and future-ready technology foundation
  • Operational excellence and stronger governance
  • Sustainable growth and enhanced customer experience
  • Intelligent, responsive and seamless customer solutions

Company Background

Can Fin Homes Limited is a leading Housing Finance Company in India with 39-year legacy, promoted by Canara Bank in 1987. The company offers comprehensive portfolio including housing loans, non-housing loans, and deposit schemes.