PFMS Scholarship 2023-24 at pfms.nic.in Online Payment Status

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PFMS Scholarship :

Scholarships are a great way of helping students in empowering their academic and career goals by removing their financial barriers. It helps take away all your financial problems, which gives you more time to gain knowledge, study, and secure better grades.

In this post, we are providing the details of the Public Financial Management System Scholarship 2023-24. You can find the details like eligibility criteria, the application process, documents required, and payment process.

PFMS (Public Financial Management System) :

The concerned authorities have announced the scholarship scheme to provide financial funds to the students who are not able to pay their fees due to poverty.

Students who belong to different backward categories like Scheduled caste, Scheduled tribe, Other backward castes, and the students who belong to economically backward society can avail many incentives with the implementation of this scholarship.

Let’s get to know the benefits that can be availed using the PFMS Scholarship 2023-24.

Benefits of the PFMS Scholarship:

One of the major benefits of the PFMS means (Public Financial Management System) for the year 2023-24 is providing scholarships to all of the students who are expecting to deliver outstanding performance in their higher education in renowned colleges and universities.

People who belong to an economically backward society can get this opportunity which will be very beneficial for them to achieve better grades. Students will be able to study without worrying about their finance and poverty.

There are also various benefits of the PFMS portal which have been introduced to provide scholarship benefits to the students. Below are the key benefits of the PFMS Scholarship.

• PFMS can fill in as a typical focal entrance for enrolling organizations and recipients
• PFMS approves the Bank or Post Office Account subtleties with the recipient’s bank or Post Office. This will help in ensuring the cash is moved to an approved record along these lines and lessens the danger of misled instalments.
• Implementing Agency checks the subtleties of name, address, and so forth given by the recipient from the approved data will be provided by Bank or the Post Office.
• The executing organization can make e-instalments to recipients to their approved financial balances directly from the PFMS gateway.

Features of PFMS Scholarship:

• The salient features related to this scholarship are provided below.
• It identifies the entry of the students in admission with filling organization and recipient
• It secures your money and provides a guarantee to the payment you have made according to procedure
• The function of PFMS is to approve the bank account details with the recipient of bank officers
• Securing the amount will reduce the risk of misleading installment
• The organization can only have electronic install recipients for their approval after financial balance from PFMS
• Currently, PFMS has shared working interference with almost 90 banks directly. This includes 59 regional rural banks, 26 public sectors, and 5 private sector banks.

You can find the scholarships that are available at the PFMS Scholarship in 2023-24 below.

• PFMS Scholarship to Universities/College Students
• PFMS Student Scholarship National Means cum Merit Scholarship
• PFMS Post Matric Scholarship for SC Students
• PFMS scholarship for Post-Matric Scholarship for OBCs
• The PFMS Scholarship Pre-Matric Scholarship for SC Students
• PFMS scholarship Top Class Education Scheme for SC
• National Scholarship Portal
• PFMS Scholarship National Scheme for Incentive for the girl child for secondary education
• The PFMS scholarship for Up-gradation of Merit of SC Students

Site Name	Public Financial Management System Scholarship
PFMS Official portal	pfms.nic.in
Info	Public Financial Management System
Object	Scholarship
Topics	PFMS Scholarship PFMS payment Status etc..

Eligibility Criteria:

Students should follow the eligibility criteria to get the scholarship benefits. We have provided the list of eligibility criteria below.

• Student/applicant should be a citizen of India
• Annual family income should be below Rs. 6 Lakhs
• The applicant/student must have at least passed class 10th
• The applicant should be aged between 18 to 25 years

PFMS Bank List:

Let’s find out the list of the banks working with PFMS which will help you choose your desired bank.

• Abu Dhabi Commercial Bank
• Allahabad Bank
• Allahabad Gramin UP Bank
• Andhra bank
• Andhra PragathiGrameena bank
• Axis bank
• Bank of Bahrain and Kuwait
• Bank of Baroda
• Bank of India
• Bank of Maharashtra
• Bassein catholic co-op.bank ltd.
• Bombay mercantile co-op.bank ltd.
• Canara bank
• Catholic Syrian bank ltd.
• Central bank of India
• Citibank
• City union bank ltd
• Corporation bank
• Dcb bank limited
• Dena bank
• Deutsche bank
• Dhanlaxmi bank ltd
• HDFC bank
• HSBC
• ICICI bank
• IDBI bank
• Indian bank
• Indian overseas bank
• Indusind bank limited
• Jharkhand Gramin bank
• Karnataka bank
• Karur Vysya bank
• Kotak Mahindra bank
• Madhya Bihar Gramin bank
• Manipur state co-op.bank ltd.
• New India co-operative bank ltd
• NKGSB co-op bank ltd
• Oriental bank of commerce
• Punjab and Sind bank
• Punjab National bank
• RBL bank
• South Indian bank
• Standard chartered bank
• State bank of India
• Svc co-operative bank ltd.
• Syndicate bank
• Tamil Nadu mercantile bank ltd
• The cosmos co-operative bank ltd.
• The federal bank ltd
• The Jammu and Kashmir bank ltd
• The kalupur commercial co. op. bank ltd.
• The Lakshmi Vilas bank ltd
• The Saraswat co-operative bank ltd
• The Thane Janata Sahakari bank ltd
• UCO bank
• Union Bank of India
• United bank of India
• Vijaya bank
• Yes bank ltd

Document Required to get PFMS Scholarship:

If you are applying for the PFMS Scholarship, then you need the following documents.

• Aadhar card for identification purposes
• Educational certificate
• Class 12th passing certificate
• Passport size photographs
• Fee receipt
• DBT Through PFMS

The Central Government has declared the Direct Benefit Transfer (DBT) under the chosen schemes available in the chosen regions of the nation over w.e.f. 1.1.2013.

With this initiative, the beneficiary amount will be directly transferred to the student’s bank account who has enrolled themselves under the scholarship.

This will help the students to directly gain the advantage of the incentive and in turn, helps the students to not involve any middleman and pay money to them in this procedure. 

Registration Process under PFMS Scholarship 2023-24:

Students should follow the specified process to apply for the PFMS scholarship. You can find the step-by-step process for registering at the PFMS website to get a scholarship.

• Visit the official Public Financial Management System PFMS website.
• Select the option PFMS Scholarship Student Registration option from the home page
• Choose the scheme Scholarship to Universities/College Students
• Now, you need to fill in a few details like Year of passing class 12th and Eduction Board by clicking on the dropdown.
• Enter your Bank account number, IFSC Code of the bank’s branch.
• Click on the drop-down menu and select the category you desire
• Tap the Search button
• The system will search for the name you have selected and fill in the details on the form automatically
• You just need to enter details like Mobile Number and Email ID
• Create a user ID and password
• Enter the captcha as shown in the image
• Now, you need to upload the required documents
• Tap Submit to complete the registration process

How to Login to the PFMS portal?

To login to the PFMS portal, you should have a user ID and password which you will obtain while registering for the PFMS.

• Go to the official PFMS website by clicking on the link pfms.nic.in
• Click on the option Login from the home page
• Enter your user ID and password
• Enter the captcha as shown in the image
• Tap the Login button
• On the next page, you can view your account details

How to know your payment details?

If you are looking to get the details of your payment in the PFMS scholarship, you just need to follow the steps given below.

• The applicant needs to visit the official PFMS scholarship website pfms.nic.in
• From the home page, you will see the option Know Your Payment Options
• Enter the required details to get the payment information
• Click on the button Search after entering the details

How to track NSP Payments?

To track your NSP payments, you need to follow the simple steps mentioned below.

• Visit the Public Financial Management System website by clicking on the link pfms.nic.in
• On the home page, you will see the option Track NSP Payment
• Select the Track NSP Payment option
• You will be redirected to a page where you need to enter a few details like Bank name and account number or NSP application ID and Captcha code
• Tap the Search button
• On the next page, NSP payment details are displayed

How to know the contact list for a particular Scheme in PFMS?

PFMS offers various Scholarship schemes. Students can select their desired scheme depending on their needs and requirement. If you want to know details about that particular scheme, you need to contact the concerned department or person. Here comes the question of how to contact them. Well, you can just follow the steps mentioned below to get in touch with the person or department related to that scheme.

• First, you have to visit the PFMS website
• From the home page, select the Scheme details that is available on the left-hand side
• Click on the Scheme-wise Contact Listing option
• You will see the list of schemes available
• Search the scheme name from the list
• You can also search the name by entering the scheme name, scheme group type, and scheme type
• Tap Search to view the details

How to check your Location Search details?

• Visit the PFMS website
• Select your State from the drop-down list on the homepage
• Enter your location name
• Tap the button View Report
• On the next page, you will be able to view the details.

PFMS Scholarship Renewal Application:

Students who are looking to apply for the scholarship again have to fill the renewal application form. You can follow the below simple steps to renew your scholarship.

• Go to the official PFMS website pfms.nic.in
• Enter your login credentials like user ID and password to log in
• Enter the captcha code and tap Login
• Select the Renewal Application Form from the home page
• Verify the details and update them if required in the application form
• Enter the information required and upload the necessary documents
• Recheck the details and click on Submit
• Take a printout of the application form for future reference

How to get Login Details if Agency is already registered?

• Visit the official PFMS website
• On the home page, you will see the option Get Login Details If Agency Is Already Registered. Tap on it
• On the next page, you need to enter a few details like Login ID, Email address, Unique Agency Code, Account Number, and Word Verification
• Click on Submit after entering the details
• Now, you can get the login details of the agency that is already registered

How to manage Registered Agency?

• Visit the Public Financial Management System website
• Select the Manage Agency option from the home page
• On the next page, you need to enter the details such as scheme, agency status, agency type, state, district, and more
• After entering all the required details, tap Search
• You will be able to see the details on the next page

How to view Bank Branch details?

• Go to the official PFMS Scholarship website
• On the home page, click on the menu bar
• Select Bank Branch from the options available
• You will be redirected to a page where you need to enter your bank name, bank address, and IFSC code
• Tap Search after filling in the details
• Now, you will be able to see the required information on the screen

Bank Merger IFSC Mapping

• Visit the official website of the PFMS Scholarship
• Select the menu bar from the home page
• Click on the option Bank Merger IFSC Mapping
• On the next page, select your merger Bank name and lead Bank name
• Enter the captcha code as displayed in the image
• Click on the option Search
• You can view the required details on the screen

How to download Order and Circulars?

• Visit the official website of the PFMS Scholarship
• On the home page, you will see a menu bar. Click on it
• Select the Orders and Circulars option on the next page
• Now, you will be redirected to a new page where you can view the details of all the orders and circulars
• Tap on the link depending on your choice
• A file in PDF format will be displayed on the screen
• Click on the Download option to download it

How to track your GSTN on the PFMS website?

• Visit the PFMS website
• Click on the menu bar from the home page
• Click on the option GSTN Tracker
• Select your category from the options First GST registered, Second GST under process, and Third GST successfully processed
• On the next page, you have to enter your GSTIN number or account number, date filter, RFD05, and captcha code
• Click on the View Report option
• The system will display the required information on the next page

How to submit Feedback?

• If you happen to face any issues while using the portal or if you want to submit feedback, you can follow the below steps.
• Go to the official PFMS portal
• Select the option Feedback from the menu bar
• Enter the details like name, email id, subject, comment, and captcha code as shown.
• Tap Submit after filling the feedback form

How to view Scheme Formulation, Appraisal, and Approval?

• Go to the official PFMS portal
• Select the option Scheme Formulation, Appraisal, and Approval from the menu bar
• On the next page, you can view the Scheme Formulation, Appraisal, and Approval

How to view Scheme Listing?

• Go to the official PFMS Scholarship portal
• Click on the menu bar from the home page
• Select the option Scheme Listing
• Enter the details like Scheme name or code, Grant name or code, Scheme type, Financial year,
• Click on the option Search
• On the next page, you will see the detailed Scheme Listing

How to view SCMU Dashboard?

• Visit the official portal of the Public Finance Management System
• Click on the Menu bar from the home page
• Select SPMU Dashboard
• On the next page, you need to select your state
• You will be redirected to a page where you can view a few links
• Select the link of your choice
• Now, the SCMU dashboard will be displayed on your computer screen

How to view NMMS Payment Details?

• Visit the official website of the PFMS Scholarship
• Select the Menu bar from the home page
• Now, click on the NMMS Payments option
• On the next page, you can view NMMS Payments details

How to download Publications?

• Visit the official website of the PFMS Scholarship
• Select the Menu bar from the home page
• Now, click on the Publications option
• On the next page, you can view the list of all the publications available
• Click on the link you want to
• A PDF file will appear on the next page
• Click on the Download option to download it

Frequently Asked Questions (FAQ):