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HDFC Bank, Indian Army, and CSC Academy Renew MoU to Enhance Project NAMAN.

Banking & Finance | Dated: 12 Mar 2025

In March 2025, HDFC Bank Limited, the Indian Army's Directorate of Indian Army Veterans (DIAV), and Common Service Centres (CSC) Academy (operated under CSC e-Governance Services India Limited) renewed their Memorandum of Understanding (MoU) to further expand Project NAMAN. The project is aimed at providing essential services, such as pension-related services and Government-to-Citizen (G2C) services, directly at the doorstep of Army veterans, their families, and next of kin.

🎯 Key Highlights:

  • - Project NAMAN is a collaborative initiative designed to provide services to veterans and their families through the CSCs, which are operated by veterans or their families. This ensures easy and accessible services within military establishments.
  • - Phase 1 (September 2023) saw the establishment of Common Service Centres (CSCs) at 14 DIAV locations. In Phase 2 (March 2025), the project will expand to 26 DIAV locations across various states, including Rajasthan, West Bengal, Himachal Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Punjab, Jammu & Kashmir, Meghalaya, Bihar, Odisha, and New Delhi.

💡 Other Important Facts:

  • (i) The initiative will provide training in financial products and services to veterans and their families, fostering financial independence.
  • (ii) Supported by HDFC Bank’s Parivartan programme, the project aims to promote economic inclusiveness for defense service veterans.
  • (iii) The MoU was signed by Mr. Satyen Modi, Executive Vice President, and Business Head of Alternate Banking Channels & Partnerships at HDFC Bank, Mr. Pravin Chandekar, CEO of CSC Academy & Brigadier at the Directorate of Indian Army Veterans, along with senior officials from HDFC Bank, CSC Academy, and the Indian Army.

📚 Test Your Knowledge:

What is the name of the project launched by HDFC Bank, Indian Army, and CSC Academy to support Army veterans and their families?

Correct Answer: Project NAMAN

🚀 Quick Recap:

About HDFC Bank Limited

  • Chief Executive Officer (CEO): Sashidhar Jagdishan
  • Headquarter : Mumbai