TestCloud
Prep • Practice • Perform
Log In

HDFC Bank Unveils 'Project HAKK' to Support IAF Veterans and Their Families.

Banking & Finance | Dated: 08 Mar 2025

In March 2025, Mumbai (Maharashtra)-based HDFC Bank Limited introduced 'Project HAKK (Hawai Anubhavi Kalyan Kendra - Serving those who have served)' to provide comprehensive support and services to Indian Air Force (IAF) pensioners, veterans, and their families.

🎯 Key Highlights:

  • - The initiative aims to enhance financial independence and access to essential services for the defence community.
  • - HDFC Bank signed a Memorandum of Understanding (MoU) with the IAF, represented by the Office of the Assistant Chief of the Air Staff (ACAS) - Accounts & Air Veterans, and New Delhi (Delhi)-based CSC Academy (promoted by Common Service Centre (CSC) E-Governance Limited).
  • - The MoU was signed by Satyen Modi, Executive Vice President and Business Head, Alternate Banking Channels & Partnerships, HDFC Bank, Air Vice Marshal Updesh Sharma VSM - Assistant Chief of the Air Staff (Accounts & Air Veterans), and Pravin Chandekar, Chief Executive Officer (CEO) of CSC Academy.

💡 Other Important Facts:

  • (i) The bank will establish 25 centers across IAF units in cities like Bengaluru (Karnataka), Gurgaon (Haryana), Pune (Maharashtra), Secunderabad (Telangana), Guwahati (Assam), Jodhpur (Rajasthan), and Chandigarh (Punjab).
  • (ii) The project will provide access to over 500 Government-to-Citizen (G2C) and Business-to-Customer (B2C) services, including Aadhaar services, National Pension System (NPS), Permanent Account Number (PAN) card, passport services, and bill collection.
  • (iii) In collaboration with CSC Academy, HDFC Bank will offer skill development programs under its Parivartan programme, focused on financial products and services, empowering veterans and their families to achieve financial independence.

📚 Test Your Knowledge:

Which bank, recently, unveiled 'Project HAKK' to support IAF veterans and their families?

Correct Answer: HDFC Bank

🚀 Quick Recap:

About HDFC Bank Limited

  • CEO : Sashidhar Jagdishan
  • Headquarter : Mumbai