PFMS Scholarship 2023: Know PFMS Full Form, Status, List, Eligibility, Renewal, and All Details about www.pfms.nic.in scholarship status
Don’t know What is PFMS Full Form?
PFMS stands for Public Financial Management System.
This System is operated by the O/O Controller General of Accounts, Ministry of Finance.
PFMS is a central government scheme for College and University Students. Under this scheme, around 82000 students in India get benefits each year.
The qualifying level for the PFMS Scheme 2023 is 12th (From the Top 20%). The students are qualified for PFMS on the basis of the results of the senior secondary examination.
Around 41000 Girls and Boys and 82000 students are selected from each of the State boards.
This scheme provides financial help to the 12th students by directly transferring the scholarship amount to their bank accounts.
If you are also the one who is searching for the following questions:
- What is PFMS?
- Full-Form of PFMS?
- Scholarship Amount in PFMS Scheme?
- Eligibility?
- List of Selected Students?
- How to Apply for PFMS Scholarship?
- Scholarships List under PFMS?
- How to Apply for PFMS Renewal?
Then You’re at the Right Place !!!
PFMS Scholarship 2023 for Students: Eligibility, List, Renewal
In this article, we will share with you all the essential aspects of the scholarship which is designed by the Public Financial Management System (PFMS). Through this scholarship scheme, many allowances, perks, and benefits will be provided to the students belonging to reserved categories i.e Scheduled Caste (SC), Scheduled Tribe (ST), and Other backward castes (OBC), and also the people who belong to the economically backward society.
We will share the details such as eligibility criteria, the application process, how to check PFMS Bank Balance, PFMS Bank List, documents required to apply for the PFMS Scholarship, and also the process to know the payment in the scholarship.
| Name | PFMS Scholarship for College and University Students |
| Qualifying Level | XII (From the Top 20%) |
| Selection Process | From the top 20% on the basis of the results of the senior secondary examination, 41000 Girls and Boys total of 82000 are selected from each of the State boards |
| Amount | The rate of scholarship is INR 1000/- at the Graduation level for the first 3 years of College and University courses and INR 2000/- per month at the Post-Graduation level. Students pursuing professional courses would get INR 2000/- per month in the 4th and 5th years. The scholarships would be paid for 10 months in an academic year. |
| Age Limit | The age group of 18-25 year |
| Condition for Continuance | Subject to annual renewal on the basis of stringent criteria. |
| Parental Income Criterion | Family Income should be less than Rs.6 lakh per annum |
| Official Website | https://pfms.nic.in |
In the above table, we have mentioned all the basic details about the PFMS Scholarship for 12th Class Students. Thus you got your queries solved in the above-mentioned information.
From this info, you are now made aware of the details:
- Eligibility and Age Limit
- Who can apply
- How much should be the minimum annual income of parents
- How to renew the PFMS Scholarship
- Amount and Awards
- Official Link to Apply Online
List of Scholarship Schemes under PFMS
The following scholarships are covered under the PFMS Scholarship 2023:
PFMS Bank List – Banks Integrated with PFMS
| 1 | ABU DHABI COMMERCIAL BANK |
| 2 | ALLAHABAD BANK |
| 3 | ALLAHABAD UP GRAMIN BANK |
| 4 | ANDHRA BANK |
| 5 | ANDHRA PRAGATHI GRAMEENA BANK |
| 6 | AXIS BANK |
| 7 | BANK OF BAHRAIN AND KUWAIT |
| 8 | BANK OF BARODA |
| 9 | BANK OF INDIA |
| 10 | BANK OF MAHARASHTRA |
| 11 | BASSEIN CATHOLIC CO-OP.BANK LTD. |
| 12 | BOMBAY MERCANTILE CO-OP.BANK LTD. |
| 13 | CANARA BANK |
| 14 | CENTRAL BANK OF INDIA |
| 15 | CITIBANK |
| 16 | CITY UNION BANK LTD |
| 17 | CORPORATION BANK |
| 18 | CSB BANK LIMITED |
| 19 | DCB BANK LIMITED |
| 20 | DENA BANK |
| 21 | DEUTSCHE BANK |
| 22 | DHANLAXMI BANK LTD |
| 23 | HARYANA GRAMIN BANK |
| 24 | HDFC BANK LTD |
| 25 | HSBC |
| 26 | ICICI BANK LTD |
| 27 | IDBI BANK LTD |
| 28 | INDIAN BANK |
| 29 | INDIAN OVERSEAS BANK |
| 30 | INDUSIND BANK LIMITED |
| 31 | JHARKHAND GRAMIN BANK |
| 32 | KARNATAKA BANK |
| 33 | KARUR VYSYA BANK |
| 34 | KOTAK MAHINDRA BANK |
| 35 | MADHYA BIHAR GRAMIN BANK |
| 36 | MAHARASHTRA GRAMIN BANK |
| 37 | MANIPUR STATE CO-OP.BANK LTD. |
| 38 | NEW INDIA CO-OPERATIVE BANK LTD |
| 39 | NKGSB CO-OP BANK LTD |
| 40 | ORIENTAL BANK OF COMMERCE |
| 41 | PUNJAB AND SIND BANK |
| 42 | PUNJAB NATIONAL BANK |
| 43 | RBL BANK |
| 44 | SARVA U.P. GRAMIN BANK |
| 45 | SOUTH INDIAN BANK |
| 46 | STANDARD CHARTERED BANK |
| 47 | STATE BANK OF INDIA |
| 48 | SVC CO-OPERATIVE BANK LTD. |
| 49 | SYNDICATE BANK |
| 50 | TAMILNADU MERCANTILE BANK LTD |
| 51 | THE COSMOS CO-OPERATIVE BANK LTD. |
| 52 | THE FEDERAL BANK LTD |
| 53 | THE JAMMU AND KASHMIR BANK LTD |
| 54 | THE KALUPUR COMMERCIAL CO. OP. BANK LTD. |
| 55 | THE LAKSHMI VILAS BANK LTD |
| 56 | THE SARASWAT CO-OPERATIVE BANK LTD |
| 57 | THE THANE JANATA SAHAKARI BANK LTD |
| 58 | UCO BANK |
| 59 | UNION BANK OF INDIA |
| 60 | UNITED BANK OF INDIA |
| 61 | VIJAYA BANK |
| 62 | YES BANK LTD |
PFMS.NIC.IN 2023 Documents and Renewal Process
Candidates need to keep their documents with themselves in order to apply for the PFMS Student Scholarship Scheme 2023
Here is the list of some important documents required:
- Aadhar Card
- Bank Account Details
- Proof of Residence
- Income Certificate
- Caste Certificate
- 12th DMC
Renewal Steps
Step 1:Already enrolled candidates will have to visit the official website: pfms.nic.in.
Step 2:Check the link displaying ‘PFMS Scholarship Student Registration’. The applicant needs to select the Scholarship Scheme which they plan to renew.
Step 3:Now select the year in which you passed 12th and the education board in which you were or are enrolled.
Step 4:Provide the IFSC Code and the account number. and click on the search button.
Step 5:The form will be filled out automatically by the system if you are already enrolled in the PFMS Scholarship 2023 program.
Step 6:Provide the mobile number and an OTP will be sent to you. Enter OTP.
Step 7:After the verification process, provide your Email ID.
Step 8: Now create your User ID and Password.
Step 9:Click on the submit button for the final submission of the Renewal Application form.
How to Apply for the PFMS Scholarship Scheme
- First of all, visit the official website: www.pfms.nic.in
- Check New Scholarship List under PFMS
- Selected your desired scheme and Click Apply
- Register Yourself
- After successfully registering yourself, fill out the application form.
- Enter all your details carefully.
- Upload the necessary documents demanded by the department.
- That’s All !!
Related Links:
Know your Payment Status in PFMS
Students can also check their PFMS Payment status by following the below-mentioned steps:
- On the Main Page of the Official Website, Click on Know your Payments.
- Enter the Bank Name
- Enter your Account Number
- Click on Search
- You will get to know your PFMS Payment Status Online.
Candidates can check the status of their PFMS scholarship for the session year 2023-24 by entering the details asked on the login page.
Check your PFMS Status in 2023
PFMS Scholarship Helpline:
Email: [email protected]
Toll-Free No: 1800118111
Feel free to ask us in the COMMENT BOX provided below for any query.
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Thanks for publishing the helpful information for students.