Pfms scholarship: PFMS (Public Financial Management

PFMS (Public Financial Management System) is basically the backbone of how most scholarships and DBT (Direct Benefit Transfer) payments are processed in India. Whether it’s UP Scholarship , Pre-Matric, Post-Matric, or even Central schemes like NSP – everything flows through pfms.nic.in. Benefits of the PFMS Scholarship The PFMS scholarship portal has a Direct Benefits Transfer facility for deserving students. This means all students enrolled in the PFMS Portal scholarship program will receive their scholarship money directly into their bank accounts. The Direct Benefits Transfer or the DBT has made scholarship transactions efficient and transparent. Scholarship and Fee Reimbursement System of Uttar Pradesh. PFMS has gradually improved administration and management programme, reduction of float in the system, direct payment to beneficiaries and greater transparency and accountability in the use of public funds.