KHWABON KI UDAANA Hero Fincorp CSR Initiative
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FY25 Scholarship
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CSR.

Dhan Charcha

Dhan Charcha

One of India's largest financial literacy campaign

Corporate Social Responsibility.

CONNECT

Connecting communities for transformative change

INSPIRE

Inspiring actions to create social impact

MOBILISE

Mobilising & providing resources to support change makers

Our Guiding Light.

Dr. Brijmohan Lall Munjal

Dr. Brijmohan Lall Munjal

Founder and Chairman Emeritus, Hero Group
July 01, 1923... Forever

"We must give back to the society from whose resources we generate wealth"

MD & CEO's Message.

Mr. Abhimanyu Munjal

Mr. Abhimanyu Munjal

MD & CEO, Hero FinCorp

Corporate Social Responsibility is an integral part of Hero group's business philosophy and we have always remained committed to it. We aim to build and sustain a culture of care through our initiatives, and believe that businesses can be an enabling force for social advancement. Through Hero FinCorp we aim to create sustainable value for the community at large and build the nation of our dreams.

We focus on being a responsible lender by fostering holistic development of the community and our operating environment. All our CSR interventions have been designed to serve the masses. Given our approach and objectives, our CSR initiatives have been developed around four broad areas: Financial Literacy and Skilling, Sustainability & Environment, Aiding rural economy and it's stakeholders and Women & Children support and Empowerment.

We aim to reach every corner of our country with a hope and promise of a better tomorrow

CSR Chairperson's Message.

Mrs. Renu Munjal

Mrs. Renu Munjal

Whole Time Director- Executive of Hero FinCorp & Chairperson of CSR Committee

Giving back to the society is one of the key ethos of The Hero Group. As chairperson of Hero FinCorp's CSR Committee. I am proud of our efforts in the areas of Financial Literacy,Education, and Skill Development. Through our flagship programs, we aim to help those who come from humble backgrounds but possess the endeavor to take this nation forward.

Opportunity for us to create a better and brighter India, some of our key initiatives are : Dhancharcha: Focused on driving financial literacy in rural areas of Rajasthan, Uttarakhand, Bihar, Maharashtra, Gujarat, Haryana, Madhya Pradesh and Uttar Pradesh. This program has already touched over 4,35,818 lives. Saarthi: An employee volunteering program, which allows Hero FinCorp employees to become career guides for underprivileged students. Raman Kant Munjal Scholarships: Aimed at supporting meritorious students for their higher education. These students are selected through a rigorous selection process lasting over a year. Hunar: Youth Skill Development Program, which trains individuals on a variety of skills thereby increasing their employability. So far over 77% of the beneficiaries have been able to find gainful employment.

Our Story.

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Our Legacy

Our story began in 1923 with the birth of our Founder and Chairman Emeritus Dr. Brijmohan Lall Munjal, a visionary leader whose thoughts and ideas were way ahead of his time . . .

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Our Philosophy

We at Hero FinCorp believe that a company's performance must be measured by its contribution to building economic, social and environmental capital . . .

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Our CSR Partner – RKMF

"Education is the foundation of the progress."

Sh. Raman Kant Munjal was a great corporate visionary leader who led others by example. The Raman Kant Munjal Foundation . . .

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Program Areas.

Financial Literacy

Financial Literacy

Skill Development

Skill Development

Education & Career Counselling

Education & Career Counselling

Preserving and Promoting Sport

Preserving and Promoting Sport

Teacher Training

Teacher Training

Key Initiatives.

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Dhan Charcha

We launched this financial and digital literacy campaign in alignment with the Government of India's national strategy for financial education. Under this campaign, our Raman Kant Munjal Foundation onboards and trains rural female volunteers, including educating them on government funded financial schemes available to those living in rural areas.

Once trained, these volunteers provide door-to-door awareness in rural areas and promote the enrolment of rural residents in various governmental financial schemes. Since the inception of this campaign in Fiscal 2019, we have provided financial literacy sessions to almost 1.10 million beneficiaries at the grassroot level through this initiative, as at March 31, 2024.

Impact till now

People reached: 10,53,433

States covered: 5

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Pathakshala - School Transformation Initiative

Pathakshala: Our school transformative initiative, 'Pathakshala', is dedicated to improving the quality of education in government schools. Through this initiative, we provide infrastructural support to select government schools and conduct training programmes for teachers with the aim to create a conducive learning environment for students.

In Fiscal 2024, we transformed a government school in Gurugram, Haryana into a "Hero Model School" that benefitted 1,100 students and 35 teachers as at March 31, 2024. We have also trained approximately 142 teachers across other government schools and our Hero Asha Centres.

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RKM Scholarship

This scholarship aims to provide financial support to students from low-income backgrounds with an annual family income of less than ₹400,000 in pursuing their higher education in the fields of finance, management and economics.

In addition to financial support, we equip such students with soft skills, provide advice on interview preparation and connect them with industry mentors. In Fiscals 2024, 2023 and 2022 we provided scholarships to 265, 214 and 155 students across India, respectively.

Scholarship Amount

INR 40,000 to 5,50,000 per student per year for a period of 3 years. The exact amount depends on the accepted college fee.

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Hunar

Through our youth skill enhancement programme, 'Hunar', we educate unskilled youth and equip them to become business correspondents, debt recovery agents and loan processing officers. We operate skill centres in New Delhi and Mumbai. In Fiscal 2024, 412 participants benefitted from this programme.

Objectives of the program:

  • Develop a high-quality skilled workforce and spirit of entrepreneurship and ensure their placements
  • Add value by way of soft skills and personality development, making youth job ready
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Past Initiatives.

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Saarthi

Be a Guiding Light

Saarthi is a career counselling program that guides government school students across India in choosing the right career for themselves.

Program Structure

The whole career counselling program is designed for 12 hours of intervention spread across 4 parts for each school:

  1. Career Planning Orientation
  2. Psychometric Career Assessment
  3. Career Awareness Workshop
  4. Report Reading and Portal Orientation
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Rally for Rivers

According to some estimates, 25% of India is turning into desert and there is 75% less water per person as compared to 1947.

Realizing the importance of this issue, Hero FinCorp partnered with Isha foundation to create awareness and provide solutions to revitalize the depleting rivers of the country.

The nationwide program created awareness across the country starting from Kanyakumari to Himalayas. The 9300 km awareness drive covered 19 locations and hosted 142 events.

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Primary Education

India, one of the most populated country in the world, though it still lags behind in terms of literacy rate among other countries.

We at Hero FinCorp believe that it's every individual's right to be able to read and write. Providing the right education at initial stages of life enables an individual to lead a financially stable life.

Continuing with the same thought, we support primary education of children through our partner foundation Raman Kant Munjal Foundation (RKMF).

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Farmer-Producer Organizations

An organization set up by Isha Outreach to help the farmers around Coimbatore.

Key Goals:

  • Aiming to reach out to 20,000 farmers
  • Helping them to improve their livelihood
  • Since the inception, the initiative has been successful in bringing 1065 farmers together from 61 villages
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River Cleaning

A river clean up drive was organized in Kolkata to clean Ahiritola Ganges Ghat and help protect the health of water by preventing pollution from many sources such as land run off, precipitation and more. Our Heroes actively volunteered and made an impact through it.

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Wall Painting

Hero FinCorp & Hero Housing employees came together on our mission to revamp Dr Sarvepalli Radhakrishnan Municipal School, a government school in Mumbai, Andheri and give it a new look with a fresh coat of paint and exciting murals on the walls of the school and make school a fun place for all.

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Funkari

Raman Kant Munjal Foundation converted the painted clothes received from Hero FinCorp into school bags with the help of the women working at the foundation.

1000 school bags were distributed to underprivileged students of Asha Education Center with the support of Hero FinCorp. All the employees of Hero FinCorp also volunteered across India to make this initiative successful.

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Be my Santa

Heroes fulfilled the wishes of poor children by being a Hero Santa on Christmas. Employees from Hero Housing & Hero FinCorp volunteered to make this initiative successful. The heroes participated by donating money and gifts to the indigent children of our society and turned their dreams into reality.

No. of wishes granted: 400

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Our Partners.

BM University
iDream Career
Isha Sadhguru
United Way Mumbai
Rotary Club Delhi South End
RKM Foundation
Buddy4Study