Tuesday, November 29, 2022

PFMS – Portal, Know Your Payment, Scholarship, Status, Bank List

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PFMS is called the backbone of the payment system of the Government of India. PFMS is an online software application based on the web, which the Department of Expenditure controls, Controller General of Accounts (CGA), Government of India, Ministry of Finance.

PFMS was started to monitor the funds released under the schemes launched by the government of India in 2009. After which, due to all the schemes, the scope was expanded to pay directly to the beneficiaries, later along with the payment, salary and accounts, (CGA) office expanded its scope and included more activities towards the Government of India.

What is PFMS?

The primary function of PFMS is to provide a funding system for the Government of India by establishing a funding system and a payment accounting network.

Public Financial Management System has been established with the help of the Treasury System with legislatures in all 28 States and 2 Union Territories.

It maintains and exchanges solid data of funds, budget against central transfer, and expenditure of schemes run by the Government of India. Also read – Punjab Ration Card List

PFMS Full Forms

The full of PFMS is Public Financial Management System.

Public Financial Management System Meta 

You can also connect PFMS on Meta

Link https://www.facebook.com/pfms.nic.in

PFMS - Public Financial Management System

PFMS Benefits 

PFMS verifies the beneficiary’s bank account details such as name, address, and mobile number with the post office’s help and ensures that the funds are transferred to a valid account, thereby reducing mispayment and preventing this risk. Able to go.

Subsidy

PFMS is directing the subsidy issued for the needy people to those with the help of their bank account or post office account so that poor people can take advantage of it and fulfill their needs. Its purpose is to help people from time to time. But the subsidy brought by the government has to reach the needy people.

Loan

Follow the steps given below for loan entry in PFMS.

Open any browser and type https://pfms.nic.in in the search bar. Now enter your username or password and log in to your account. You can see the interface of the Public Financial Management System.

On the left side, you will find many options. Select My funds, click on income from other sources and add new. Now you can see an interface like that.

The select scheme, project, and your bank account. Now select fund sources, fund type, and enter funds received from you can enter coordinator in this dash. Add your reference number, transaction date. Now select the payment mode. After this, you see processing on your device screen. Enter flavoring off, enter your fund amount also. Add attraction, and click on submit. That interface comes on your screen you can see your voucher number.

Now again, click on my funds, income from other sources, and manage. You can see the created loan amount and click on this, now click on submit for approval. Must read – HSRP Punjab

PFMS Eligibility Criteria 

The PFMS eligibility criteria are as follows:

● The aspirant should have 20% and above marks in class XII.

● Asperient age should be between 18 to 25.

● The yearly income of the entire family of the aspirant should be less than 6,00,000.

● Most importantly, the aspirant should be a citizen of India.

Documents

Required documents for Public Financial Management System.

Here is some information about the documents you will need for your PFMS profile, and they will also be required at the time of login.

●    Pan card

●    Email ID

●    Mobile number

●    Employees I’D

●    Post

PFMS register is very easy; with the help of all these, you can register.

If you want to apply for a scholarship, you need all these documents

● Aadhar card

● Tenth class certificate

● Education certificate

● Passport size photo

● Fee receipt

PFMS portal

PFMA portal comes with many benefits for the users. With the help of the PFMS portal, users can take advantage of it.

When you open the portal, many options appear on your screen.

  As if -:

● Everyday transactions

● Transaction of the year

● Payment related information

● Login to agency

● Direct profit

● Bank details

● Scheme Information

And apart from all this, if you need any help, there is also a help desk.

PFMS Bank List 2022

Here is the complete list of PFMS Bank which you need to know before opening account there.

S. No.Bank Name
1ABU DHABI COMMERCIAL BANK
2ALLAHABAD BANK
3ALLAHABAD UP GRAMIN BANK
4ANDHRA BANK
5ANDHRA PRAGATHI GRAMEENA BANK
6AXIS BANK
7BANK OF BAHRAIN AND KUWAIT
8BANK OF BARODA
9BANK OF INDIA
10BANK OF MAHARASHTRA
11BASSEIN CATHOLIC CO-OP.BANK LTD.
12BOMBAY MERCANTILE CO-OP.BANK LTD.
13CANARA BANK
14CENTRAL BANK OF INDIA
15CITIBANK
16CITY UNION BANK LTD
17CORPORATION BANK
18CSB BANK LIMITED
19DCB BANK LIMITED
20DENA BANK
21DEUTSCHE BANK
22DHANLAXMI BANK LTD
23HARYANA GRAMIN BANK
24HDFC BANK LTD
25HSBC
26ICICI BANK LTD
27IDBI BANK LTD
28INDIAN BANK
29INDIAN OVERSEAS BANK
30INDUSIND BANK LIMITED
31JHARKHAND GRAMIN BANK
32KARNATAKA BANK
33KARUR VYSYA BANK
34KOTAK MAHINDRA BANK
35MADHYA BIHAR GRAMIN BANK
36MAHARASHTRA GRAMIN BANK
37MANIPUR STATE CO-OP.BANK LTD.
38NEW INDIA CO-OPERATIVE BANK LTD
39NKGSB CO-OP BANK LTD
40ORIENTAL BANK OF COMMERCE
41PUNJAB AND SIND BANK
42PUNJAB NATIONAL BANK
43RBL BANK
44SARVA U.P. GRAMIN BANK
45SHRI MAHILA SEWA SAHAKARI BANK LTD.,AHMEDABAD
46SOUTH INDIAN BANK
47STANDARD CHARTERED BANK
48STATE BANK OF INDIA
49SVC CO-OPERATIVE BANK LTD.
50SYNDICATE BANK
51TAMILNAD MERCANTILE BANK LTD
52THE COSMOS CO-OPERATIVE BANK LTD.
53THE FEDERAL BANK LTD
54THE JAMMU AND KASHMIR BANK LTD
55THE KALUPUR COMMERCIAL CO. OP. BANK LTD.
56THE LAKSHMI VILAS BANK LTD
57THE SARASWAT CO-OPERATIVE BANK LTD
58THE THANE JANATA SAHAKARI BANK LTD
59UCO BANK
60UNION BANK OF INDIA
61UNITED BANK OF INDIA
62VIJAYA BANK
63YES BANK LTD

The source of PFMS Bank List is mentioned on this particular website kindly visit for more details – https://fcraonline.nic.in/fc_bank_list.aspx

How to login PFMS Portal

  1. First of all, go to the official website of PFMS.
  1. After this, you will come to the homepage of PFMS.
  1. Log in to the homepage.
  1. Enter your username and password and click on login.

Balance Check

Most of us are confused about how to pfms balance check? There is no need for you Trend Punjabi mentioned a completed method to check the balance of PFMS. All you have to first login to your account as mentioned above in the paragraph. Then you need to click on your profile dashboard, you will see an option for their selection of bank account. After selecting bank account option your account balance will show.

How to download PFMS applications form

You can easily download the application form from Google and any other browser.

Mobile app

Apart from the web, you can also use Pfns as an application, downloaded from the Play Store.

Scholarship  NamePFMS – Public Financial Management System
Official Site https://pfms.nic.in/NewDefaultHome.aspx
Helpline NumberTool-Free Number – 1800118111
Phone number +91 1123343860
Fax number +91 1123343860
Launch Year2009

FAQ – Frequent Asked Questions Related to Public Financial Management System.

Who is the contact person in the agency?

The contact person can be either responsible for implementing the agency plan or the organization’s Head.

Who approves the agency?

The Head of the ministry concerned with the agency approves the database to the agency.

Where is the bank branch option found inside the agency registration?

Find your bank name.
Go to the address bar, enter your address, and click on the search button.
Go to the branch of the bank. With the help of the drop-down menu, you can see the branches of the bank.
Select the branch related to the address.

Who decides the specific agency code?

This is decided at the time of registration by the agency. It consists of alphabets, numbers, and special characters, and it can be identified very easily.

When can the agency log in to the PFMS portal?

Agencies can log in to PMFS Portal only after completion of the Ans registration process

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