PFMS SCHOLARSHIP/PFMS YOJANA/CHECK SCHOLARSHIP STATUS/DBT

In this article we will discuss about the PFMS scholarship and how to check your scholarship status. The govt. of India helps the students financial by providing them scholarship. The students which are financially weak and those who really want to study abroad the govt. is providing them scholarship through PFMS portal.

The full form of PFMS is Public Financial Management System.

 Scholarship Schemes

• ·        Scholarship to universities/college students.
• ·        Post-matric scholarship for SC students.
• ·        Pre-matric scholarship for SC students.
• ·        National means cum merit scholarship.
• ·        National scheme for incentives for the girl child for secondary education.
• ·        Top class education scheme for SC.
• ·        Up gradation of merit of SC students.
• ·        Post-matric scholarships for OBCs.

Scholarship status check

If you want to check your scholarship status you can follow this steps given below.

·        Search for PFMS on Google.

·        Open the first website that is pfms.nic.in.

·        Then click on ‘Know your payment’ option.

·        Enter the name of bank, enter starting letters of it and it will show you the name of the bank.

·        Then enter your account number.

·        Again enter your account number for confirmation.

·        Enter the captcha code which is shown to you on screen.

·        You will able to check the scholarship amount which is transferred to your account.

Benefits of PFMS Scholarship

·        Govt. has started PFMS Scholarship to provide benefits to those students who really want to study but can’t afford because of poor financial status.

·        It is beneficiary for those who don’t have money to prepare for big exams or entrance exams. This scholarship is provided to the students through educational institutions in which they are studying.

·        DBT payment is done through PFMS portal to provide scholarship. So that scholarship amount is directly transferred to the student’s account via PFMS portal.

·        You can easily apply for the scholarship schemes since it doesn’t require much documents and even registration process is very fast thus it saves your time.

·        All the payment processes are carried out automatically, the only students have to do is that they have to register for particular scholarship, the amount will transfer to their account via DBT.

·        Students can easily check their scholarship payment status on PFMS portal.

·        If the students have any queries regarding any scholarship they can directly contact PFMS scholarship portal.

·        Renewal of the PFMS scholarship is very fast.

·        PFMS scholarship offers different program and scholarships schemes to different categories of candidates.

·        Students can get all the information at only one place that is their official portal of PFMS program.

·        No third party is used like agents and all so no misuse of funds.

·        Regular updates are given to the candidates via SMS or email.

·        All the information provided by the students remain safe on online portal.

Eligibility Criteria

• ·        The applicant must be the citizen of India.
• ·        Annual family income should be less than 6 lakhs.
• ·        The applicant must be in between 18 to 25 years of age.
• ·        The applicant must have at least passed SSC.

Documents Required

• ·        Aadhar card for identification purpose.
• ·        Educational certificate
• ·        Class 12^th passing certificate
• ·        Passport size photo
• ·        Fee receipt

PFMS scholarship online registration

·        To register for PFMS scholarship firstly you have to go to their official website. For that type PFMS on Google click on site ‘pfsm.nic.in’.

·        When you open this website you will able to see the ‘PFMS scholarship student registration’ option, click on that option.

·        Then you will have to select the scheme for which you want to apply.

·        After this you will have to provide necessary details.

Year of passing of 12^th board along with educational board.

Bank account number and IFSC code of that branch.

·        Then click on the drop down menu and select your category. Then click on search.

·        The system will search the name and automatically fill-up the form displayed on the screen.

·        Then enter your mobile number, on this number you will get the OTP.

·        Enter your valid email address.

·        Further you will have to generate user ID and password.

·        Then enter the given Captcha code.

·        Click on ‘Submit’.

PFMS Login

If you want to login through the official portal of PFMS then you will have to follow the below procedure

• ·        First go to the official website of PFMS.
• ·        Select your year from drop down list.
• ·        Enter user name and password.
• ·        Click on login button.

PFMS Scholarship renewal application

Those who have already applied for scholarship and they want to apply for it again then they will have to fill renewal application form. Follow the given steps.

·        Open the PFMS official website.

·        Then you will have to click on login option.

·        You will be redirected to the new page.

·        Login with your user name and password.

·        Click on login and select renewal application form.

·        Update the information in the application form.

·        Upload the necessary documents.

·        Submit the application form and take out print out for further use.

PFMS DBT

Full form of DBT is Direct benefit Transfer.

DBT ensures that the cash benefit is directly credited into the account of the beneficiary, eliminate leakage and improves efficiency.

The cash amount is transferred by using digital payment technology PFMS portal.

Benefits of DBT

• ·        Curbing pilferage and duplication.
• ·        Accurate targeting of the beneficiary.
• ·        Reduced delay in payments.
• ·        Electronic transfer of benefits, minimizing levels involved in benefit flow.