PFMS Scholarship – Eligibility Criteria, Payment Status, Application Form, Rewards, Benefits

Join Telegram
Join Whatsapp Groups

PFMS Scholarship @ pfms.nic.in – Eligibility Criteria, Rewards, Application Form, Benefits: The Public Financial Management System (PFMS) is a project by the Government of India, That takes care of the social sector programs. It keeps track of the resources that are allocated to every individual. This interactivity is taken by the Indian Central Government that the cash invested is used for the correct purpose as PFMS provides different systems of scholarship.

This PFMS Scholarship Scheme is acknowledged in the assistance of the schemes of scheduling, budgeting, and efficient tracking due to deficiencies in the current accounting system. It was first introduced in four countries namely Madhya Pradesh, Bihar, Mizoram, and Punjab. Here, we provide you with the required information regarding PFMS Scholarship on our website.

PFMS Scholarship – Overview

PFMS Scholarship – Eligibility Criteria

The candidate must meet the eligibility criteria that were arranged for the specific scholarship. In case, if the application were found to be duplicated or the candidate does not meet the eligibility he is not granted the scholarship. The application should not be approved and the candidate should not be deemed for access to the scholarship.

The Public Financial Management System provides different types of School-To-College PFMS Scholarships for the applicants to check whether the candidate meets the criteria to receive the scholarship or not. Those will be checked by the information that is given by the candidate in the application form. By submitting the information in the application form the system will show you whether the particular aspirant is qualified as an application system or not.

• Family income must be less than 6 lakhs.
• The age limit must be between 18 – 25.
• Candidate should pass at least 10th standard.
• Maintainance and all fees will be paid by this program.

PFMS Payment Status

Candidates can know the status of the payment done by the PFMS scholarship scheme. PFMS scholarship can be granted as Payment by the AAdhar number and Account number Payment.

PFMS Scholarship Status Payment by Aadhar Number

• Enter the domain amount of the Aadhar.
• Enter Aadhar number to get verified.
• The term should be verified by the candidate.
• They must join the Non-case delicate letters.
• Click on the Search Button.

PFMS Scholarship Payment by Account Number

• Candidates should check the below-provided link.
• Then, you can get the below image.

• Choose the bank where you have the account.
• Enter the bank’s first few letters.
• Enter the account number of the applicant.
• Then reenter the account number of the candidate to get it verified.
• Then proceed to the Non-case delicate join letter.
• Click the search button.

PFMS Transaction

With the Public Financial Management System, every day lakhs of transactions have been processed of many crores. In the financial year, the total transaction count is 6,12,60,225 of Rs. 70,102 crores till now.

PFMS Student Scholarship

PFMS is an expenditure Department, Department of Finance, Govt, central Plan Scheme Monitoring system of India. PFMS is a subsidy e-payment platform for both Aadhaar-based & Non-Aadhaar-based loan accounts through NPCI under DBT (Direct Benefit Transfer).

PFMS Scholarship Rewards

The renewal of the PFMS scholarship is done only in the official portal. The candidate who wants to continue must cleanly watch the updates of the PFMS Scholarship. The restoration of the scholarship is necessary for the candidates who need to qualify in the academic records with the renewed scholarship. IT is essential for the candidates who are hoping to access the scholarship and continue their academics with these scholarships.

Renewal Steps For PFMS Scholarship

• The newly registering candidates of the PFMS scholarship candiad5e can visit the official portal – ‘pfms.nic.in‘ with the formal documents.
• On the page ‘PFMS Scholarship Student Registration’ candidates must pick the system they are planning to renewal.
• Candidate must pick the year of study of class 12 and the board of education.
• The IFSC code and the account amount must be specified by the candidate.
• Then, click on the search button.
• The scheme will be already filled out as it is renewed by the student.
• The applicant must provide their mobile number.
• The aspirant will receive the OTP number to that specified number.
• Enter the OTP.
• The candidate needs to verify the email ID.
• The applicant needs to create their User ID & Password in the next step.
• Click on Submit Button.

PFMS Scholarship Benefits

•  Direct Scholarship amount Transfer: the student can leave their request on the PFMS scholarship portal in 10 minutes the job is performed quickly.
•  Automatic Payment: The gateway of PFMS takes care of all procedures linked to learners submitting, verifying, handling, sanctioning, and distribution the scholarships.
•  Easy Monitoring: You can track the status of the payment and the scholarship by using the User ID and Password.
•  Renewal: Renewal of the scholarship provided for the benefit of student education.
• the scholarship will be continued for the next 4 years.

Documents required for PFMS Scholarships

•  Passport size recent Photo
•  Copy of Marks list in PDF format.
•  Candidates signature in a scanned format.
•  Copy of the premium receipt in PDF format.

How to submit online PFMS Scholarship Application Form?

•  Visit the website to apply for PFMS Scholarship @ pfms.nic.in.
•  Click on ‘PFMS scholarship Student Registration’
•  Select the category of “Scholarship fro Universities/ College Students.”
•  select the year of entering into the 12th class.
•  Enter your available bank account number and the bank branch IFSC code.
•  Click on the menu button and search for the category that you want.
•  Enter the mobile number.
•  Fill in the OTP session that was sent to your mobile.
•  Click on the “verify” button and enter the email ID.
•  Create the User ID and Password by filling in the fields.
•  Click on Submit Button.

If you want to get more details on the PFMS scholarship, then you can come and visit our portal at Freshers Now.