PFMS (Public Finance Management System), once referred to as CPSMS (Central Plan Scheme Monitoring System), is a distinctive web-based application to observe the programs/schemes offered by the government. within the social sector and track the disbursement of funds. It first emerged in 2008 as an experiment on four states namely Madhya Pradesh, Bihar, Punjab, and Mizoram. Later it was unfurled at the central level to connect to the financial network of Central State Government and State Government agencies. PFMS permits the scholars to trace the payment standing of all centrally-sponsored schemes and central sector schemes that the payment is created through DBT (Direct Benefit Transfer Mode). The portal also records information on some of the scholarship schemes.
The PFMS gives financial aid to those aspiring students. Once these backward caste students complete their studies and acquire degrees in their hands then several job opportunities are easily offered for them.
The owner of the corporation selects these meriting candidates very easily and pays them whatever they demand in the type of salary. The Public Financial Management System is providing several golden opportunities to thousands of scholars who belong to backward society to meet their dream by giving them these scholarships from which they are going to be ready to pursue their studies after 12th.
Provided By Government of India Name of Scholarship Public Financial Management System (PFMS) Scholarship Category Scholarships Website pfms.nic.in
PFMS Scholarship Details
Scholarship Name Provider Name Application Period Scholarship for University/College Students Ministry of Education, Government of India NA Post-Matric Scholarship for SC/ST Students Ministry of Social Justice & Empowerment, Government of India NA Pre-Matric Scholarship for SC Students Ministry of Social Justice & Empowerment, Government of India NA National Means cum Merit Scholarship Department of Elementary Education (HRD), Government of India NA TextTop Class Education Scheme for SC Students Ministry of Social Justice & Empowerment, Government of India NA TextNational Scheme of Incentive for Secondary Education of Girl Child Department of Elementary Education (HRD), Government of India NA Post-Matric Scholarship for OBC Students Ministry of Social Justice & Empowerment, Government of India NA
PFMS Scholarship Benefits
- This scholarship has been proclaimed by the concerned authorities to give financial funds to all of the students who are not able to pay their fees because of poverty.
- Through the implementation of this scholarship, many incentives will be given to the scholars who belong to different backward categories that are Scheduled caste, Scheduled tribe, Other backward castes, and also the people who belong to economically backward society.
- It helps students to pursue their education after 12th.
Terms and Conditions of PFMS Scholarship
The money can directly get transferred to the student’s bank account. The candidate can apply through the website solely they’ll be able to apply for PFMS scholarship programs.
Different programs and scholarship schemes are accessible to numerous categories of scholars.
The complete data is gathered at one place that’s the official portal of PFMS programs. Candidates will apply for these programs at the beginning of an academic year. No person can get entangled. Updated data associated with these programs are directly delivered to candidates often through emails and messages.
PFMS Scholarship Eligibility
Scholarship to University and College Students:
Qualification XII (From top 20%): The candidate will be selected from the top 20%, based on results of the senior secondary examination, a total 82000 (boys and girls 41000 each) selected from each of the state boards. Age Limit 18 to 25 years. Annual Income Candidate's family income should be less than 6 lakh / annually.
Post Matric Scholarship for students applying to OBC (PMS-OBC):
Scheme Administration Dept. Ministry of Social Justice and Empowerment through States / Union Territories and Head of Institutions. Selection Process All eligible OBC students for class-XI and XII. Professional courses leading to a degree, Diploma, Graduate Degree, M. Phil., Ph.D., C.A/I.C.W.A/C.S, Post - Doctoral Programs, etc.
The annual income of the candidate's parents should be 1 lakh.
PFMS/DBT Pre-Matric Scholarship for SC students:
Eligibility Candidate must be X and XI passed.
National Means cum Merit Scholarship method to apply:
Qualification Level Candidates must be Class VIII or IX passed (50% for SC/ST and 55% for general).
Candidate can apply for SAT and MAT.
PFMS provide National Scheme of Incentive to girl children:
Qualifying Level Class VIII passed Selection Process All passing class-VIII from KGBV / All girl children from SC/ST passing class-IX. Scholarship Period 2 years
Top Class Education Scheme for SC:
Selection Process All qualified SC students for senior secondary certificate professional courses, Diploma, Graduate Degree, Ph.D. , M. Phil., Postdoctoral programs. The parental income of the candidate must be less than Rs. 4.50 lakh yearly.
Up-gradation of Merit of SC Students:
Selection Process The entry point is class 9th however students may be registered in class-X and XI if shown excellent performance.
State govt. may use their judgment to decide allotment of seats among SCs on the basis of the illiterate population of their communities.
Post-Matric Scholarship for Scheduled Castes/ Tribe students:
Qualifying Level Class X Selection Process All eligible OBC Students for senior secondary certificate (class XI and XII) professional courses leading to Degree, Diploma, Graduate Degree, M. Phil., Ph.D., Postdoctoral program, C.A / I.C.W.A / C.S etc. Parental Income Rs. 2.5 Lakh per annum
PFMS Scholarship Bank List
Allahabad Bank | Federal Bank Ltd | Punjab National Bank |
Allahabad UP Gramin Bank | HDFC Bank | RBL Bank |
Andhra Bank | HSBC | South Indian Bank |
Andhra Pragathi Grameena Bank | ICICI Bank | Standard Chartered Bank |
Axis Bank | IDBI Bank | State Bank of India |
Bank of Baroda | Indian Bank | Svc Co-operative Bank Ltd |
Bank of India | Indian Overseas Bank | Syndicate Bank |
Bank of Maharashtra | IndusInd Bank Limited | Tamil Nadu Mercantile Bank Ltd. |
Bassein Catholic Co-op Bank Ltd. | Jharkhand Gramin Bank | The Cosmos Co-operative Bank Ltd. |
Bombay Mercantile Co-op Bank Ltd. | Karnataka Bank | The Jammu And Kashmir Bank Ltd |
Canara Bank | Karur Vysya Bank | The Kalupur Commercial Co-op Bank Ltd |
Catholic Syrian Bank Ltd. | Kotak Mahindra Bank | The Sarasat Co-operative Bank Ltd |
Central Bank of India | Lakshmi Vilas Bank Ltd | The Thane Janata Sahakari Bank Ltd |
Citi Bank | Madhya Bihar Gramin Bank | Uco Bank |
City Union Bank Ltd | Manipur State Co-op Bank Ltd. | Union Bank of India |
Corporation Bank | New India Co-operative Bank Ltd | United bank of India |
Dcb Bank Limited | Nkgsb Co-op Bank Ltd | Vijaya Bank |
Dena Bank | Oriental Bank of Commerce | Yes Bank Ltd |
Dhanlaxmi Bank Ltd | Punjab And Sind Bank |
PFMS Scholarship application status
To check the PFMS Scholarship status, first, visit its official website @pfms.nic.in. To check PFMS Scholarship status follow the mentioned steps:
- Enter the name of your bank.
- After entering the PFMS bank name, enter your bank account number, then re-enter your bank account number.
- Enter the captcha code given in the captcha box.
- As soon as you will click on the search button, PFMS payment status will open.
Documents Required to apply for PFMS scholarship
- Aadhar card and 12th passing certificate.
- A passport size photograph. The size of the photograph needs to be less than 1 MB in size.
- Educational certificate.
- The fee receipt is scanned and copy uploaded in PDF format.
- Signature of the candidate (scanned copy).
- Class/category/ reservation certificate of candidate.
- Must have bank details, identification proof, and income or caste certificate, etc.
Steps for Registration in PFMS
The registration procedure for the candidate:
- First, Visit the official website given here – https://pfms.nic.in/NewDefaultHome.aspx.
- Then click on this option – PFMS Scholarship Student Registration.
- Select this scheme – Scholarship to Universities/College Students.
- Then enter the subsequent details.
- Enter the year within which candidates passed the 12th standard.
- The Education Board applicant passed the 12th standard examination.
- Then the applicant has to enter the following details- Bank account number, IFSC code of the bank’s branch.
- Click on the drop-down menu, and select the correct category.
- The candidate should check and verify all details before submitting it.
- Then click on “Search”.
- Lastly, the system will examine the name of the candidate and the filled form will seem on the screen automatically.
- Then the applicant has to enter the correct mobile number and hereafter the OTP number will be received on the number applicant entered.
- Now, the applicant has to verify his or her identity by giving a valid e-mail id.
- The applicant has to click on the link sent to him in the mail inbox to create a login and password.
- The applicant has to fill up the captcha code given below and upload the documents.
- Once applicant details are found to be correct then he or she clicks on the Submit button.
This is a golden chance for those students who cannot get an opportunity to study more thus don’t miss this chance to give wings to your dreams to fly high in the sky and build your own identity. Have a bright future guys.
PFMS Application fees
There are no application fees for this scholarship.
PFMS Important Dates
Scholarship Name Date Scholarship for University/College Students Coming Soon Post-Matric Scholarship for SC/ST Students Coming Soon Pre-Matric Scholarship for SC Students Coming Soon National Means cum Merit Scholarship Coming Soon Top Class Education Scheme for SC Students Coming Soon National Scheme of Incentive for Secondary Education of Girl Child Coming Soon Post-Matric Scholarship for OBC Students Coming Soon
Frequently Asked Questions (FAQs)
Q1. What is the last date to apply for the PFMS Scholarship?
Ans. There is no information for the Dates of PFMS scholarship application 2020. Visit the official website regularly for the latest information.
Q2. What is the amount provided in this scholarship?
Ans. The amount provided is different for all the scholarships. There is no fixed amount. Check according to your category.
Q3. Is there any option for Renewal of the Application?
Ans. Yes, Application can be renewed when the application process starts.
Q4. How to check the balance of this scholarship?
Ans. The balance can be checked online. Provide your Bank name, Acc. No., and NSP application ID.
