The purpose of the portal is to transfer government funds directly to a beneficiary's bank account. In this Blog, you will learn how to use the PFMS portal and check the PFMS payment status
The Indian government is working towards improving services for its citizens by offering online access to government scheme benefits and information. To achieve this, the government has launched the PFMS Payment Status, which is a part of the Public Financial Management System (PFMS) and managed by the Controller General of Accounts in the Ministry of Finance. The purpose of the portal is to transfer government funds directly to a beneficiary’s bank account. In this article, you will learn how to use the portal and check the PFMS status of your payment. It is important to read this article thoroughly.
PFMS Payment Status 2024
The Public Financial Management System (PFMS), also referred to as the Public Financial Manager Service in Hindi, is a portal that records all subsidies provided by the government, including those from the central government. The Direct Benefit Transfer (DBT) system enables the direct transfer of funds to the beneficiary’s bank account. You can also easily view the government’s financial assistance online from the comfort of your home and print a copy of the information.
Key Highlights of PFMS Payment Status Portal
| Article name | PFMS Payment Status |
| portal launch | 2016 |
| Relevant departments | ministry of finance india |
| Objective | Providing facility to view payment status online |
| Process to check payment of PFMS status | Online |
| official website | https://pfms.nic.in/ |
**Latest updates for the year 2023 is yet to be received and will be updated soon.
Benefits of PFMS Portal 2024
- Direct Benefit Transfer (DBT): Funds are transferred directly to the beneficiary’s bank account, reducing the chance of fraud and ensuring that the intended recipient receives the financial assistance.
- Real-time Monitoring: The PFMS Portal provides real-time monitoring of government financial transactions, enabling the government to monitor the progress of various schemes and programs.
- Increased Transparency: The portal provides increased transparency in government financial transactions, making it easier for citizens to track the use of public funds.
- Improved Efficiency: By streamlining financial transactions and reducing manual intervention, the PFMS Portal helps to improve efficiency in government financial management.
- Accessibility: The portal is accessible online, allowing citizens to access government financial information and services from anywhere, at any time.
How to Check PFMS Payment Status?
- Step 1: Visit the official website of Public Financial Management System (PFMS)
- Step 2: On the homepage, click on ‘Know Your Payments’
- Step 3: A new page will open, enter the required information (bank name, account number, etc.)
- Step 4: Enter the captcha code
- Step 5: Click on ‘Send OTP to Registered Mobile No.’
- Step 6: Enter the OTP received on your registered mobile number
- Step 7: The PFMS payment status will be displayed.
Process to Track NSP Payment 2024
- Step 1: Visit the official website of PFMS
- Step 2: On the homepage, click on ‘Track NSP Payments’
- Step 3: A new page will open, enter the bank name, account number, NSP application ID, and captcha code
- Step 4: Click on ‘Search’
- Step 5: The NSP Payment Status will be displayed
- Step 6: Easily track PFMS Payment Status NSP.
Process to know MGNREGA FTO Status 2024
- Step 1: Visit the official website of PFMS Portal
- Step 2: The home page will open
- Step 3: Click on ‘Know MGNREGA FTO Status’ on the bottom left side of the home page
- Step 4: A new page will open
- Step 5: Enter FTO number, reference number, transaction number
- Step 6: Enter the verification code
- Step 7: Click on the ‘Search’ option
- Step 8: The status of MNREGA FTO will be displayed
- Step 9: Check the status of MNREGA FTO.
How to View GSTN Tracker on PFMS Portal?
- Step 1: Visit the official website of Public Financial Management System (PFMS)
- Step 2: The home page will open
- Step 3: On the home page, click on ‘GSTN Tracker’ at the bottom
- Step 4: A new page will open
- Step 5: Enter GSTN number, account number, and captcha code
- Step 6: Click on ‘View Report’
- Step 7: The GSTN report will be displayed on the screen.
Process to Enter Feedback on PFMS Portal @pfms.nic.in
- Step 1: Visit the official website of PFMS
- Step 2: On the homepage, click on ‘Feedback’ on the left side
- Step 3: The feedback form will open
- Step 4: Enter the required information in the feedback form (name, email id, subject, category)
- Step 5: Enter the comment
- Step 6: Enter the captcha code
- Step 7: Click on ‘Submit’
- Step 8: Easily provide feedback and suggestions on the PFMS portal.
Conclusion
In conclusion, the PFMS Payment Status is a valuable tool that the Indian government has launched to improve services for its citizens. The portal, which is part of the Public Financial Management System, is managed by the Controller General of Accounts in the Ministry of Finance and is designed to transfer government funds directly to a beneficiary’s bank account. This article provides detailed information on how to use the PFMS portal and check the PFMS Status, making it an important resource for those who want to take advantage of the benefits of this platform. With its user-friendly interface and easy-to-follow instructions, the PFMS payment status is expected to make accessing government benefits and information more efficient and convenient for citizens.
