Background
Our CSR Approach
At the heart of our approach to Corporate Social Responsibility is a commitment to social impact and our belief that corporate success and societal progress are mutually reinforcing. Our CSR approach is built on four core values:
Performance
Ethics
Sustainability
Innovation
Our CSR Initiatives
1. Education and Holistic Development
Udaan: Empowering Dreams through Skills
It's a strategic initiative designed to launch careers for youth (ages 18–25) from economically weaker sections. Operating across Ahmedabad, Jaipur, Delhi, and Indore, the program provides comprehensive, placement-linked training specifically for the BFSI and NBFC sectors. By combining technical domain expertise with career counseling, job-readiness workshops, and industry exposure, the project aims to train 200 participants by FY 2025–26. With a commitment to a 70% placement rate and six months of post-hire support, Udaan fosters sustainable self-reliance and long-term professional growth for students with a family income below ₹8 lakh.
Key Activities and Intervention:
- Training session across Jaipur and Indore centres
- Certificate distribution ceremony at Ahmedabad location
- Internal and External assessment at Jaipur and Indore centres arranging workshops and sessions led by eminent trainers.
- Placement activity across four state
Educate a Girl Child
In India, there are about 60 million girls who are out of school, and in many cases, the reason for this is poverty. The cost of sending a child to school can be prohibitively high for poor families, especially if they have more than one child. This is why we have embraced the cause of educating a girl child.
Successful CSR Outcomes:
- 200 students are part of this program
- We does not just provide financial assistance; it also helps students shape their careers by arranging workshops and sessions led by eminent trainers.
Upliftment of visually challenged girls
We have joined hands with Niwant Andh Mukta Vikasalay, a local NGO, to help visually impaired girls develop confidence and become independent in all walks of life. It is an innovative project that aims to provide free education and vocational training for visually challenged girls from rural areas.
Successful CSR Outcomes:
- The CSR initiative undertaken by us have transformed the lives of 3 visually challenged girls. We are overwhelmed with joy and extremely proud of these 3 CSR students hailing from remote villages of Maharashtra who have successfully secured fabulous jobs in Pune city.
- They have not only achieved their career dreams, but also become role models for their own communities.
- All of them come from small towns in the state of Maharashtra, with parents who had little formal education and challenging financial backgrounds.
Brief about the course
- During the month of January, BFSI training sessions were conducted at the Jaipur and Indore locations, covering various components such as career readiness sessions, mock interviews, and group activities. These sessions were designed to enhance students’ employability skills and overall workplace preparedness.
- Throughout the training, the Jaipur EFL team made regular visits to both training centers to monitor progress and engage directly with students. These interactions helped the team assess students’ understanding of the program content and gather feedback on the effectiveness of the sessions.
- Observations and inputs collected during these visits are being utilized to strengthen the delivery of upcoming sessions, ensuring improved learning outcomes and better alignment with industry expectations.
- As part of the ongoing training program, an internal assessment was conducted across two batches to evaluate students’ progress in the training.
- The assessment focused on two key areas - communication skills and resume-building. Students were assigned presentation topics to assess their ability to articulate ideas clearly and confidently, while the resume-making exercise measured their capacity to develop professional and impactful resumes.
- Insights and feedback gathered from the assessment are being utilized to refine upcoming training sessions, ensuring that specific skill gaps are effectively addressed and learners are better prepared for employment opportunities.
- Mock interviews were conducted by Expert trainer as part of the training program. These sessions aimed to simulate real-life interview scenarios, providing participants with valuable practice and feedback.
- The experts asked both common and industry-specific interview questions to evaluate the students’ responses, communication skills, and overall presentation.
- Participants gained insights into the expectations and demands of employers within these industries. Constructive feedback was provided on answering techniques, body language, and confidence, helping students identify areas for improvement and refine their interview skills.
- As part of the ongoing training program, various sessions on Sales were conducted by the EFL Learning & Development team. These sessions focused on building students’ understanding of the sales function, key sales processes, and the essential skills required to perform effectively in customer-facing roles.
- The sessions emphasized the importance of understanding customer needs, effective communication, and relationship-building to ensure successful sales outcomes.
- Additionally, an overview of EFL and the On-the-Job Training (OJT) process was conducted to familiarize students with the organization, training structure, and practical exposure components, helping them gain clarity on upcoming learning stages and expectations.
- At the Ahmedabad location, the BharatCares team organized a Certificate Distribution Ceremony to recognize the successful completion of the training program.
- During the ceremony, students shared their experiences from the training sessions and their ongoing On-the-Job Training (OJT) at EFL offices, highlighting key learnings and practical exposure gained.
- The EFL team also shared valuable insights into the students’ performance, work quality, and overall progress, appreciating their efforts and professional development throughout the program.
- At the Ahmedabad and Delhi locations, interviews have been organized with various organizations, and students are actively participating in interviews based on their interests and career preferences.
Mission to educate slum kids
We have partnered with Khelghar, an NGO based in Pune that works to provide quality education to students living in slum areas of Kothrud. The NGO’s main aim is to help these children get quality education by providing them with all the necessary facilities and infrastructure.
A gift of mobility
We have donated a generous amount to Sadhana Vidyalay - A new school that was set up in a small town called Nelgunda situated in the Bhamragad Tehsil of Gadchiroli District. Though the town is surrounded by natural beauty, it lacks accessibility and educational opportunities.
Even after getting its first school, the village had no transportation to that facility. To address this problem and to improve the students' ability to reach their school, we chose to provide them with bicycles. We are proud to have assisted in the progress of those little feet!
2. Sustainable Livelihood and Skill Development
Providing Employment Opportunities
Electronica Finance Limited's Skill Development Program has been designed to provide training in different skills to the 10th-12th Pass students, who are not able to pursue their higher studies due to various reasons.
The Electronica Finance Limited Skill Development Program aims at providing employment opportunities to the youth, especially those who are from poor families and do not have any resources or support system at home.
The program uses a blended learning approach, which includes classroom teaching and practical on-the-job training. The program is designed in collaboration with industry experts and provides students with the opportunity to gain hands-on experience during internships at partner companies.
Encouragement and support to the Girl Child
The Electronica Finance Limited Scholarship is an initiative by the company to help girls in need of financial assistance to pursue their education.
The scholarship will be awarded to a girl child from a family where at least one of the parents is working at our customer's end. The aim is to empower them and encourage them to pursue their dreams.
3. Women Empowerment
Sanitary products manufacturing - By the women, For the women
Meeta, meaning true friend, is a CSR project that we at Electronica Finance Limited are very proud of. Our goal is to provide low-income girls and women with free access to clean and safe sanitary products.
The mission of project Meeta is to create an opportunity for socio-economically backward women to learn how to make hygienic products and earn a living through the sales of such products. The program provides training, mentoring and financial support to help women.
Objectives:
- To increase awareness among adolescent girls on menstrual hygiene, build self-esteem, and empower girls for greater socialization
- To increase access to high quality sanitary napkins by adolescent girls in rural areas
- To ensure safe disposal of sanitary napkins in an environment friendly manner
- To help underprivileged women with employment opportunities
Company has partnered with two NGOs namely Seva Sahayog in Pune-Maharashtra and EARTH in North East Maharashtra to run sanitary napkin manufacturing, circulating product, creating awareness and so on.
NGO EARTH, which is active in the Javati tehsil of Chandrapur district Maharashtra, has received financial support from us to run a sanitary pad making plant. The plant produces revolutionary eco-friendly reusable pads that serve the tribal community.
Successful CSR Outcomes
- The plant is run by women members who are trained by the NGO to make and sell these pads at a very affordable price.
- The project has changed the lives of many girls and women in this tribal area. This project has made them self reliant and empowered them to fight against social taboos and superstitions.
Seva Sahayog has successfully started a sanitary pad-manufacturing unit at Pune. The volunteers from this NGO are conducting menstrual health and cleanliness awareness workshops for young women in and around Pune district.
The main objective of this project is to provide affordable sanitary napkins to all girls and women in the rural areas of Maharashtra. This initiative will help reduce the stigma associated with menstruation and promote menstrual hygiene among rural women.
Successful CSR Outcomes
- Improved sanitary napkin distribution through education, awareness and capacity building
- Reduced stigma around menstruation
- Increased access to affordable sanitary napkins for all girls and women
4. Miscellaneous Community Initiatives
Mid-day meal for underprivileged school kids
We are proud to contribute to “Annamrita,” the ISKCON initiative that serves nutritious, wholesome, hygienic meals prepared in hi-tech kitchens under the mid-day meal programme. The scheme aims to tackle malnutrition among children, especially those from disadvantaged backgrounds. It nurtures the body while nourishing the soul.
Our support of ISKCON Annamrita reflects this belief by providing resources needed to ensure every child has access to nutritious food every day of their lives.
Successful CSR Outcomes:
When we first started this program, we were just looking to provide a little something extra for kids who didn't have the same resources as other students. But as we got further into it, it became clear that the mid-day meal was doing so much more than just filling bellies. It was giving these kids the fuel they needed to keep up with their peers and get through the day without missing a beat.
The mid-day meal program is something that makes us proud each day because we know how much it means to these kids—and it's so easy for us to give back!
On the occasion of 15th August (Independence Day) and 26th January (Republic Day), Electronica Finance Limited family members conducted a donation drive for clothes, toys, and books for people in remote villages in Chandrapur district. The donations were enough to make us all aware of how receiving and giving are inter connected.
Successful CSR Outcomes:
The exercise helped us realize the importance of charity and how it is a form of self-development.
It was an enriching experience to see how people from these remote areas were so thankful and happy to receive the donations from us. The joy on their faces made us realize that being helpful to others does not always require money or materialistic things but simply a kind gesture and helping hand will go a long way in making someone’s day!