PFMS Scholarship:- The public finance management system has come up with a new scholarship to provide educational opportunities among financially weak students. The name of this scholarship is PFMS Scholarship. In this article today we will share with you all the important information related to the PFMS Scholarship 2024. We will explain the eligibility criteria, important documents, objectives, benefits & features, and the rewards under this scheme. Also, we will share with you all the step-by-step application procedures to apply under PFMS Scholarship.
Table of Contents
About PFMS Scholarship 2024
Basically, a new scheme has been launched by the Public Finance Management System to distribute financial assistance among the financially weak students who want to pursue their higher education. Under PFMS Scholarship, the various types of scholarships will be given to the meritorious students of India so as to guide them on the right path. With the help of this scholarship, the student will be able to pursue their higher education without thinking about any financial problems.
- Under this scheme, various financial assistance will be provided to the students belonging to the economically weaker section.
- With the help of the PFMS Scholarship, they will be able to pursue their dream education.
- Students of India do not have to think about any financial hurdle while studying.
- All the interested applicants who want to apply under PFMS Scholarship will have to visit the official website
Details Of PFMS Scholarship
The details of this scheme are as follows:-
| Name of the scholarship | PFMS Scholarship 2024 |
| Launched by | Public Financial Management System |
| Beneficiaries | Students of India |
| Objective | To promote higher education |
| Benefit | Financial assistance will be provided to continue studies |
| Number of scholarships | Around 9 |
| Category | All types |
| Toll free number | 1800-118-111/ 0112-334-3860 |
| Mode of Application | Online Procedure |
| Official Website | www.pfms.nic.in |
Objective Of PFMS Scholarship
In India, there are many students who are financially weak. Due to this weak financial condition, they are not able to pursue higher education. And this results in the dropouts of students from further studies. This is quite a big problem that the students of India always face. To end this problem, the Public Finance Management System has launched a new scholarship scheme known as PFMS Scholarship. With the help of this scholarship, students will be able to pursue higher education.
- This scholarship will help them to achieve great heights in their studies.
- People don’t need to think about any financial hurdle while continuing the studies
- The main objective of the PFMS Scholarship is to provide financial assistance among children who are financially weak
- With the help of this scholarship, they will be able to pursue their dream education.
- The career of the student will improve while availing the benefit under this scheme
PFMS Scholarship Portal
The PFMS portal was started in the year 2008-09 to provide flagship schemes of the government of India in the various States. PFMS Scholarship Portal has linked to the financial network of Central and State Government through which students get the benefit under the various scholarships. Later in 2013, the government announced a debt scheme through which the payment for the scholarship will directly be transferred into the bank account of the beneficiaries. With the help of PFMS, the beneficiaries can search the Portal Scholarship Status also. The scholarship for which the payment status can be availed with direct benefit transfer method is categorized into two forms such as
- Centrally-Sponsored Scheme
- Central Sector Scheme
Types Of Scholarship Under PFMS
There are different types of scholarships which are offered by the Public Finance Management System
- Scholarship For Universities/ College Students
- Post Matric Scholarship For SC Student
- Pre Matric Scholarship For SC Students
- National Cum Means Scholarship
- National Scholarship for Incentive for the girl child secondary education
- Top Class Education Scheme for SC
- Up-gradation Of Merit Of SC Student
- Post Matric Scholarship for OBC
Benefits & Features Of PFMS Scholarship
The benefits and features of this scheme are as follows:-
- A new scholarship has been launched by the public finance management system known as PFMS Scholarship
- With the help of this scholarship, various financial assistance will be provided to the students to continue their higher education
- This financial assistance will help students for their further studies
- The various scholarship has been launched under PFMS Scholarship
- The PFMS Scholarship will decrease the dropout ratios of the student
- These scholarships will help students to complete their dream.
- The lifestyle of the students will improve with the help of this scholarship.
- It will help in decreasing the literacy rate in India
- This scholarship will help the student with huge loan debts
- The PFMS Scholarship will encourage students for higher education.
PFMS Scholarship Banks List
The students will get scholarships from the following banks
- Abu Dhabi Commercial Bank
- Allahabad Bank
- Allahabad Gramin UP Bank
- Andhra bank
- Andhra Pragathi Grameena bank
- Bank of Baroda
- Bank of Bahrain and Kuwait
- Axis bank
- 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
Direct Benefit Transfer Through PFMS
The central government has chosen the direct benefit transfer method under various schemes in the region of the nation over w.e.f 1.1.2013. With the help of this initiative, the scholarship amount will directly be transferred into the bank accounts of the beneficiaries who have enrolled themselves under the PFMS Scholarship. This will cut the chances of mediators and it will help you to directly gain the benefit under the scholarship.
Eligibility Criteria
The following eligibility criteria are required to avail of the benefit under PFMS Scholarship
- An applicant must be a permanent resident of India
- The age of the applicant should be between 18 to 25 years
- The annual family income should not exceed more than Rs. 6 lacs
- The applicant must have passed class 10th
Important Documents
The following documents are required under PFMS Scholarship
- Aadhar card
- Class 10th and 12th marksheet
- Passport size photograph
- Mobile number
- Fees receipt
Process To Apply Under PFMS Scholarship 2024
All the applicants who want to apply and this scheme will have to follow the procedure given below:-
- To get register under PFMS Scholarship, visit the Official Website of the public finance management system
- The home page will appear in front of you
- On the homepage, click on the option of PFMS Scholarship
- The registration form will be displayed in front of you
- Here you have to enter all the details that are asked in the form such as
- Year of passing class 12th
- Education Board
- Bank account number
- IFSC code
- Mobile number
- Email ID
- After entering all the details click on Submit option
- A new web page will be displayed in front of you
- Now upload all the important documents
- Click on Final Submit
- Through this, you can easily apply for the scholarship
Process To Do Login
All the applicants who want to do login will have to follow the procedure given below:-
- To login to the portal visit the Official Website of PFMS
- The home page will appear in front of you
- On the homepage, click on the Login option
- A new page will be displayed in front of you
- Here you have to enter all the details such as
- Username
- Password
- After entering the details click on the Login option
Process To Renewal Application
All the interested applicants who want to renew the application will have to follow the procedure given below:-
- To renewal, the application visit the Official Website of the public financial management system
- The home page will appear in front of you
- On the homepage, click on Renew Application
- The renewal form will appear in front of you
- Enter all the details that are asked in the form
- After entering the details attach all the Important Documents
- Now click on Submit option
- Through this procedure, you will be able to renew the application
Process To Know Your NSP Payments
People who want to know NPS payment will have to follow the procedure:-
- To know about your payments visit the Official Website of the public finance management system
- You will land on the homepage
- On the homepage, click on the option of Know Your Payments
- A new page will be displayed in front of you
- Here, you have to enter the details such as
- Bank
- Account Number
- Verification Code
- After entering all the details click on the Search option
- Your payment information will appear on your screen
Process To Track NSP Payment Status
People who want to track NSP payment will have to follow the procedure:-
- To track NSP payment, visit the Official Website of the Public Finance Management System
- You will land on the homepage
- On the homepage, click on the option of Track NSP Payments.
- A new web page will appear in front of you
- Here, enter all the details such as
- Bank
- Account Number
- NSP Application ID
- Verification Code
- After entering the details click on the Search option
- The tracking status of NSP payment will appear on your screen.
Process To Get Login Details If Agency Is Already Registered
People who want to get login details will have to follow the procedure:-
- To get the login details to visit the Official Website of the public financial management system
- You will land on the homepage
- On the homepage click on the option of Get Login Details If Agency Is Already Registered
- A new web page will be displayed in front of you
- Here you have to enter all the details such as
- Login ID
- Unique agency Code
- Account number
- Verification code
- After entering the details click on Submit option
- You will get the login details
Process To Manage Registered Agency
People who want to manage registered agency will have to follow the procedure:-
- To manage registered agency visit the Official Website of the public finance management system
- You will land on the homepage
- On the homepage, click on the option of Manage Registered Agency
- A new web page will be displayed in front of you
- Here, you have to enter all the details such as
- Scheme
- Agency status
- Agency type
- State
- Unique Code
- Agency name
- Account number
- NGO darpan ID
- After entering the details click on Search option
- You will able to manage registered agency
Process To View Concordance Table
People who want to view concordance table will have to follow the procedure:-
- To view the Concordance Table, visit the Official Website of the public finance management system.
- You will land on the homepage
- On the homepage look under the section of Scheme Details
- Now click on the option of Concordance Table
- A new web page will appear in front of you
- Now enter all the details such as
- Scheme type
- Controller
- Grant
- After entering the details click on View Report
- The Concordance Table will appear on your screen
Process To View Schemewise Contact Listing
People who want to view scheme-wise contact listing will have to follow the procedure:-
- To view scheme-wise contact listing visit the Official Website of the public finance management system
- You will land on the homepage
- On the homepage, look under the section of Scheme Details
- Now click on the option of Schemewise Contact Listing
- A- new web page will appear in front of you
- Here enter all the details such as
- Scheme name
- And scheme group type
- Scheme Type
- After entering the details click on Search option
- Scheme wise contact details will appear on your screen
Process To Download Orders & Circulars
By following the procedure you can download Orders and circular:-
- To download Orders and circular visit the Official Website of the public finance management system
- The home page will appear in front of you
- On the homepage, under the section of DBT
- Now click on the option of Orders and Circulars
- The list of Orders and circulars will appear on your screen
- You can download it by clicking on the Download option
Process To View Location Search Details
By following the procedure you can view location search details:-
- To view, location search details visit the Official Website of the public finance management system
- You will land on the homepage
- On the homepage, look under the section of Location
- Now click on the option of Location Search Details
- A new web page will appear in front of you
- Enter the details that are asked on the page
- Click on the Search button
- Location search details will appear on your screen
Process To Submit Feedback
By following the procedure you can submit the feedback:-
- For submitting the feedback visit the Official Website of the public finance management system
- You will land on the homepage
- On the homepage, click on the option of Feedback
- The feedback form will appear in front of you
- Here, enter all the details that are asked in the form such as
- Name
- Subject
- Category
- Comment
- Verification
- After entering the details click on Submit option
- Through this you can submit the feedback
Process To Track GSTN
By following the procedure you can track GSTN:-
- To track GST and visit the Official Website of the public finance management system
- You will land on the homepage
- On the homepage, click on the option of GSTN Tracker
- A new web page will appear in front of you
- Here, enter all the details such as
- GSTIN
- Account Number
- Captcha code
- After entering the details click on View Report
- Through this procedure you can track GSTN
PFMS Scholarship Contact Information
By following the procedure you can view scholarship contact information:-
- To contact us visit the Official Website of the public finance management system
- The home page will appear in front of you
- On the homepage, click on the option of Contact Us
- A new web page will appear in front of you
- You will get each and every detail related to contact information