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PFMS (Public Financial Management System) is a web-based application and serves as an online management information and decision support system for the Plan Schemes of the Government of India. The purpose of this system is to track and monitor fund disbursement and utilization under Plan Schemes on real-time basis.
Objective
Axis Bank USP
It serves as an online MIS and decision support system of the Government of India to monitor fund disbursement and utilization of govt. schemes of India.
There are 3 payment modes in PFMS- EPA (Electronic Payment Advice), DSC (Digital Signature Certificate), and PAO (Pay and Accounts Officer).
Branch matches signature as per mode of agency account operation. It also verifies availability of adequate funds.
EPA/ PPA expires after 10 days post being generated by the agency.
Yes, it is mandatory for DSC to be registered beforehand for making payments through DSC files.
You can contact the call centre @ 18605004971 (IVR option-5). You can alternatively mail your query at gb.support@axisbank.com.
NEFT/ RTGS/ FT/ NACH/ APBS modes of payments are available at PFMS portal.
You can view PFMS transactions on the go. You may View Access to PFMS batch status and transaction history. You can also download the reports available as well in PDF, Excel and CSV.