Can Fin Homes has launched Project Tejas, a seven-year, ₹297 crore enterprise digital transformation initiative. The program aims to modernize its technology infrastructure, build a connected and agile organization, and enhance customer experiences. Project Tejas will drive enhanced digital capabilities across lending, collections, deposits, finance, and risk management, supported by partnerships with global technology firms.
Can Fin Homes Unveils Project Tejas
Can Fin Homes has initiated Project Tejas, a comprehensive seven-year enterprise digital transformation program with an investment of ₹297 crore. This initiative is designed to modernize the company’s technology infrastructure, fostering a connected, agile, and future-ready organization.
Objectives and Scope of Project Tejas
The project’s acronym, ‘TEJAS,’ stands for Tech Enhanced Journey for Agility C Scalability. It symbolizes a significant shift towards a digital future for Can Fin Homes. The program officially commenced its pilot phase in February 2025 across 11 branches and has since been scaled to approximately 177 branches.
Technological Modernization and Ecosystem
Project Tejas establishes a modern technology foundation to enable enhanced capabilities, seamless integration, and improved customer and operational experiences. It encompasses an integrated, cloud-enabled, and data-driven ecosystem for lending, collections, deposits, finance, risk, document management, HR, and enterprise reporting. The program aims to boost digital capabilities and streamline workflows through real-time monitoring and advanced analytics.
The initiative involves a strong network of technology and consulting partners, including PwC, IBM India Pvt. Ltd., and KPMG, alongside specialists like Pennant Technologies, Kiya, and others. The technology ecosystem is further bolstered by contributions from Amazon Web Services (AWS), Microsoft, and Fortinet, providing a scalable foundation for growth.
AI Integration and Future Outlook
Can Fin Homes is also progressively integrating AI-enabled capabilities across various functions, including document processing, bank-statement analysis, fraud controls, underwriting, and customer servicing. This integration aims to deliver intelligent, responsive, and seamless solutions. Project Tejas represents a crucial step in Can Fin Homes’ digital journey, intended to support operational excellence, stronger governance, sustainable growth, and an enhanced customer experience.
About Can Fin Homes Limited
Can Fin Homes Limited (CFHL), a leading Housing Finance Company (HFC), has a 39-year legacy. Promoted by Canara Bank in 1987, it operates a network of 266 branches across 21 States. The company offers a diverse portfolio of financial products, including housing and non-housing loans and deposit schemes, with a focus on fostering accessible homeownership nationwide.
Source: BSE
