PFMS Know your payment | Aadhar card | aadhar card link to bank account | aadhar card download
With Aadhaar card playing a pivotal role as an omniscient and omnipotent authority in all types of financial transactions, payments and beneficial schemes, the cases of fraudulence or economic offenses have to a large extent been checked. PFMS know your payment (Public Financial Management System) introduced in 2008 today has also been resurrected by Aadhaar today which reveals information on subsidy credited to the bank account of the beneficiary under the DBT (direct benefit transfer). The Public Financial Management System (PFMS) reveals the payment status of all the customers registered with Aadhaar. So if you too want to PFMS know your payment you must visit the official website of PFMS to check the status of subsidy payment credited to your bank account. You can reach the respective site by clicking on here as well.
Apart from visiting the site of PFMS you can dial a toll free number also of the system i.e. 1800-118-111 to know more about the services regarding subsidy payment to be credited directly into your Aadhaar linked account. You can know a lot about the subsidy- payment-related services and financial issues by emailing your inquiry to the official website. In case you yet have any doubt in your mind regarding the PFMS and you want to know more about the DBT-services you must call on 01165678001 or 011 65678002 for inquiry during the official timing on any working day.
Well aware of immense curiosity among the people to know about financial management system based on Aadhaar the PFMS has set up a computer security expert assist team (CSEAT) as well which apprise the customers of PFMS and details of many of its financial services on receiving Email of inquiry from the customer.
What is PFMS?
PFMS is a financial system that helps bank account holders to know actual amount of subsidy to be credited to their account as E payment. As all the bank accounts have been linked with Aadhaar today, the beneficiary of subsidies can check payment status of their subsidy on PFMS website through the National Payment Corporation of India (NPCI). You can with the help of PFMS know your payment status online which has been considered as of now a far fetched issue.
PFMS was introduced in 2008 during 2008/9 session of 12th financial year for the payments to be cleared under prominent welfare schemes such as NRHM, MGNREGS, PMGSY and SSA. The PFMS was passed in the last session of parliament in 2013 for the period of 4 years i.e. till 2017. But present regime at the centre has projected it as a platform monitoring payments of subsidy under different welfare schemes and services, including the subsidies of LPG connection, PDS, etc, based on Aadhaar card. Apart from helping DBT beneficiaries check their payment status of subsidies credited to their bank account, the PFMS provides details of beneficial schemes and information on address/location of banks/post offices, NMMS payments, MGNREGA and FTO Status.
PFMS aims at providing solution of different financial issues as well, revealing services, schemes, database, investment, benefits and lots more which the common people look a professional assistance for. Serving as a protective authority the PFMS reveals crucial information regarding income, online supervision/monitoring of schemes, status and existing needs to be met in the time to come. With supervisory command the PFM system deals with fund-flows services, conducting registration of agencies and accomplishing financial management as well. Dedicated to provide help the PFMS of government provides information of financial benefits flowing from PAO, banks or treasuries to the beneficiary concerned. It provides information on big organizations engaged in financial services cover core banking service (CBS), RBI, cooperative banks and NABARD.
How does PFMS work?
PFMS is a central fund monitoring system that is integrated with all the departments of 28 states and 2 union territories of India. So whenever a payment is released by center or state for any kind of subsidy or any other kind government schemes like PM awas yojna then it reflects in PFMS website.
How can I check my payments?
You can check payments received in your bank account through PFMS. Here’s how:
- Go to the official website of PFMS i.e; https://pfms.nic.in/NewDefaultHome.aspx
- Now on the home page you will see an option “Know Your Payments”. Click on this option
- Enter the name of the bank in which you have your account.
- Now enter and re-enter your bank account number.
- Fill the captcha to prove you’re not a robot.
- Click on “Sent OTP on Registered Mobile Number”
- Finally enter the otp and you’ll be able to see your payments.
Conclusion:
Public Financial Management System or PFMS is a great step towards transparent governance. With the help of this portal you can track all your payments that you were supposed to get from government whether it is pension fund or scholarship fund, whether it is central fund or state, you can track all your payments with one portal.
Also PFMS portal displays live data of public fund distributed up-to now.
If you haven’t link your bank account to aadhar card here are the steps, you can easily follow the steps to link aadhar card.
If you find problems to download aadhar card, click here , you will get simple steps to download aadhar card.
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