PFMS Portal Know your payment status, Scholarship schemes, bank list & More

The Public Financial Management System / PFMS was basically a scheme launched in 2008 – 2009 by the CGA ( Controller General of Accounts ), It was previously known as the CPSMS ( Central Plan Scheme Monitoring System ). The aim behind this was to keep a track of the funds for the plans and schemes of the govt. of India, digitalizing the process made it transparent, easily accessible, and monitorable. In 2013 there was a certain enhancement done in the functionality of the PFMS and it was made responsible to cover the direct payment of welfare schemes to the beneficiary’s accounts. PFMS covers both central and state-sponsored schemes like IAY, NREGP, PMGSY, etc.

PFMS - Public Financial Management System

PFMS portal registration & Login

Registration process

  • To register on the portal visit the official portal of the Public Financial Management system and from the home page click on the Login button.
  • Now select from the options given for registration such as:
    • Agency register
    • MIS report user register
    • State govt. DDO register
    • DBT Beneficiary Mgmt Checker register
    • Treasury Users
  • Click on the required option and a new page will open where users will be required to provide data according to the selection of the registration option as shown in the image below.
PFMS portal registration

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Login process

  • Visit the official Public Financial Management System portal from here.
  • Click on the login button from the homepage.
  • Fill in your login credentials and click on the login
  • After submitting it, you will receive verification OTP if you are a new user on your registered mobile or email id. 
  • After verification of your account, your dashboard will open.

Know your payments status on the PFMS portal

The process of checking your PFMS balance or payment status is pretty easy. Just follow the step by step process given below to know your payment status.

  1. Whatever official detail you want to check, first of all, you will have to visit the official Portal of PFMS from here.
  2. From the home page click on the Know your payment option and a new page will open where you need to fill in the details like bank name, bank account number, enter the verification, and search.
PFMS portal payment check
  1. Your provided credentials will be validated and after that, the record of your balance and past payments will show up on the screen, you can check the date of payments, the amount, and the status of the current balance.

What is NSP? NSP Payment checking process

The National scholarship portal is stated as NSP, Students who have got scholarships under the NSP can track their payment status and balances through the PFMS portal. To track your payments from the National scholarship portal follow the process given below.

  • The very first step as mentioned above is to visit the official PFMS portal and the link for the same is given above.
  • On the home page, as mentioned in the image above, you need to click on the Track NSP payment option.
  • A new page will open where You need to either search your payment status by account number or by your Nsp Application id ( which is provided by the national scholarship portal after a successful registration. )
  • After filling in the details carefully click on the search button and your bank name, scheme name, amount, and payment status will show up on the screen.

The process to check Salary Slip on the PFMS portal

For existing PFMS employees the process to get their salary slip from the official portal is given below, follow the step by tep process to download your salary slip according to your requirement.

  • Visit the official portal of PFMS through this URL ” pfms.nic.in ” and click on the login button.
  • Now select the financial year and fill in your Login id / PAN number and password then click on the login button.
  • On your dashboard, click on the Pay Related option, and under it click on View Pay Slip.
  • Select the year or month according to your requirement and click on the View Pay Slip option.
  • Your payslip will be displayed and you can download it print it from there.

List of Scholarship Schemes covered under the Public Financial Management System

There are multiple scholarship schemes that are covered under the Public financial management system. A list of scholarship schemes is mentioned below which is sourced from the official portal of PFMS. Users can find the link to the scholarship page in front of the respective scholarships, the link will redirect them to the official portal where they can check the eligibility criteria and registration details of the scholarship schemes.

Pre-Matric Scholarship for SC Students Eligibility & Application
Post-Matric Scholarship for SC StudentsEligibility & Application
Scholarship to Universities/College StudentsEligibility & Application
Top Class Education Scheme for SCEligibility & Application
National Scheme for Incentive for the girl child for secondary educationEligibility & Application
National Means cum Merit ScholarshipEligibility & Application
Post-Matric Scholarship for OBCsEligibility & Application
Up-gradation of Merit of SC StudentsEligibility & Application

How to apply for Scholarship Scheme under the PFMS Portal?

Students who are looking for ways to apply for the scholarship schemes on the PFMS portal must go through the easy process given below, by following this process you will be able to check the list of scholarships offered under the PFMS and also if you are eligible for it or not.

  • Visit the Scholarship schemes section of the PFMS portal from here.
  • The list of scholarship schemes offered will display. Now you need to select whichever scholarship scheme you want to apply for. After selecting the scheme all the details about eligibility and other requirements will also display. Make sure to check all the important details before starting the application process.
  • Now go to the student registration page to create your account on the portal as a student through which you will be able to apply for the selected scholarship scheme.
  • After completing the student registration, log in to your account on the PFMS portal. From the dashboard select the scholarship you want to apply for. Fill in the basic details required such as your educational background and some personal details.
  • Then you will have to provide the financial details like your bank account number and IFSC code for branch verification.
  • Users also need to upload some documents which are required for the registration, the list of required documents is given below.

Documents required for scholarship application.

Keep the documents mentioned below with yourself while applying for scholarship portal on the PFMS portal.

Documents
Scanned copy of the candidate’s signature
The PDF file of the premium receipt
The PDF file of the candidate’s mark sheet of the required class
Scanned copy of a passport-sized photo of the applicant or candidate

Note – Your Aadhar card must be linked with your mobile number to complete the application or the registration process and students can only create 3 user id’s with the same email and mobile number

DBT and EAT modules

EAT module is basically for the vendors so we will be covering that in a different article, for now, the main option for the beneficiaries is the DBT module. The full form of DBT is the direct benefit transfer. The financial aid provided by the govt. through the welfare schemes are directly transferred to the Aadhaar linked bank account of the beneficiary. DBT is now only applicable to limited govt. schemes and not all of the payments of schemes are done through the Direct benefit transfer. It is definitely a good module as it increasess transparency in the process of providing financial aids to the beneficiaries.

List of Banks  integrated with PFMS

According to a list given on the official portal of the Ministry of Home Affairs, there are around 62 banks which are also given below. The list includes several Public Sector Banks, Regional Rural Banks & private sector banks. Some of the PFMS integrated banks are mentioned below. To check the full list of banks integrated with PFMS, users can go through the list given on the official portal by following this link.

Banks
ANDHRA BANK
AXIS BANK
BANK OF BARODA
CANARA BANK
CITY UNION BANK
CORPORATION BANK
DENA BANK
HDFC BANK
HSBC
ICICI BANK
IDBI BANK
KOTAK MAHINDRA BANK
ORIENTAL BANK OF COMMERCE
PUNJAB NATIONAL BANK
RBL BANK
STATE BANK OF INDIA
STANDARD CHARTERED BANK
SYNDICATE BANK
THE FEDERAL BANK LTD
UNION BANK OF INDIA
VIJAYA BANK
YES BANK LTD

HOW TO CHECK SCHEME LISTINGS ON PFMS PORTAL

  • Visit the official Public Financial Management System portal from here.
  • On the left side of the homepage, look for the scheme details button and scroll onto it.
  • Then from the dropdown that will appear, select the option of “scheme listings”
  • The list of A to Z schemes will appear on the bottom of the page that will open, or else you can check the scheme by name or grant number in the top.
  • Enter the Scheme name or Scheme code, Grant name or code, choose type of scheme, select the financial year and click on “search”.

Benefits of the Public Financial Management System

According to a recent report from the economic times, the finance minister of India stated that the govt. has saved as much as ₹ 1 lakh crores because of the improving structure of the PFMS. Further, she mentioned that the PFMS portal made the nation accountable, responsive, and transparent. In the report, it Is mentioned that around ₹ 6.29 Lakh crores have been transferred to date directly to beneficiaries of multiple government welfare schemes through DBT ( direct benefit transfer ). The system is performing well for both the government and the public hence it will keep improving and helping the nation.

How to fill feedback on PFMS portal

  • Visit the official Public Financial Management System portal from here.
  • On the left side of the homepage, look for the feedback button and click on it.
  • The feedback form will open on a new page
  • Fill in all details like Name, Email, Subject, Category. Then write in your feedback in the comment box given.
  • Fill in the captcha code and submit the feedback form.

CONTACT DETAILS

Phone/Fax(011) 23343860     
Emailhelpdesk-pfms@gov.in

FAQ

How to check PFMS balance?

On the homepage of the official PFMS portal, click on know your payments, now provide the details asked such as your bank details, and click on search. after validation of your bank details your balance will show up

PFMS DBT credited to your account, what does it mean?

The financial aid of some of the govt. schemes like MNREGA or scholarship schemes are paid through DBT which is Direct Benefit Transfer. PFMS DBT credited to your account states that the payment of such schemes has been credited to the beneficiary’s Aadhar linked bank account.

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