There are some of the most commonly asked questions about What PFMS stands for | What is the Meaning of PFMS | Acronyms for PFMS | Definition of PFMS | PFMS meaning | PFMS full form in different categories.
The Full Form of PFMS: Public Financial Management System
“PFMS” stands for Public Financial Management System. PFMS is a web-based online portal, developed and implemented by NITI Aayog, the Union Government, and the Ministry of Finance. Initially, the PFMS portal was known as CPSMS (Central Plan Scheme Monitoring System).
This portal was started in the year 2009. It allows recipients to deposit subsidies and other monetary benefits into their bank accounts.
There are records of every aspect of the central government’s assistance. Any citizen may check the amount of assistance provided by the government through this portal.
Benefits of PFMS
- The money that the government receives is deposited into the user’s bank account with the aid of PFMS.
- Through the PFMS portal, anyone can check their payment online from home.
- The amount of benefit will not need to be collected from multiple offices by citizens.
- The online process will bring transparency to the work.
- The advantages of government programs will be immediately available with the help of PFMS.
- Beneficiaries will get online subsidies or other monetary benefits directly in the bank account
- This system is based on the electronic payment system, which can avoid any kind of fraud.
- Under DBT (Direct Benefit Transfer) the benefit of funds in the bank account of the user is provided.
How to Check Your PFMS Payment Status
The process of online checking your PFMS payment status can be checked very easily with the help of PFMS, The steps listed below can be used by users to check the status of their payments. Here are those steps:
- Candidates can check their payment status by clicking on the official website of the Public Financial Management System (PFMS).
- Following that, the homepage of the PFMS website will appear on your screen.
- You can access the Know Your Payments option on the home page itself.
- Your screen will display the payment check form after clicking.
- Enter the bank, and account number, and confirm the account number, followed by the captcha code (word verification).
- Then click the button to send OTP to your registered mobile number.
- You will receive an OTP (One Time Password) on your registered mobile number.
- Enter your OTP
Other Acronyms, and meanings of PFMS
|PFMS||Public Financial Management System||Governmental|
|PFMS||Port Financial Management System||Business|
|PFMS||Pigeon Forge Middle School||Community|
|PFMS||Pueblo Freeway Management System||Governmental|
|PFMS||Preferred Forest Management Strategy||Community|
|PFMS||Peterborough Folk Music Society||Community|
|PFMS||Project Financial Management System||Business|
|PFMS||Pain Free Movement Specialist||Miscellaneous|
|PFMS||Public Finance Management System||Management|
|PFMS||Post Falls Middle School||Schools|
|PFMS||PRESSURE and FLUID MANAGEMENT SYSTEM||Biology…|
|PFMS||Public Finacial Management System||Management|
|PFMS||Precision Flexible Manufacturing Systems||Manufacturing|
|PFMS||Protracted Febrile Myalgia Syndrome||Syndromes|
|PFMS||Project and Finance Management System||Finance|
|PFMS||Princeton Folk Music Society||Music|
|PFMS||Pine Forest Middle School||Forestry|
|PFMS||Physicians Financial Management Services||Business|
|PFMS||Physicians Financial and Management Services||Business|
|PFMS||Personal Financial Management Services||Business|
|PFMS||Pelvic Floor Muscle Strength||Miscellaneous|
|PFMS||Park Forest Middle School||Forestry|
|PFMS||Proactive Fault Management System||Geology|
What is the meaning of PFMS in finance?
The meaning of PFMS is “Public Financial Management System “.
What does PFMS stand for
PFMS stands for “Public Financial Management System “.
What is the full form of PFMS?
The Full Form of PFMS is “Public Financial Management System “.
What does PFMS mean?
PFMS means “Public Financial Management System “.
What is the PFMS Meaning in medical?
The PFMS means “Protracted Febrile Myalgia Syndrome ” in medical.
What is the PFMS Full Form in government
The PFMS Full Form is “Public Financial Management System” in government.