Public Financial Management System ( PFMS )

Public Financial Management System (PFMS) is a Central Plan Scheme monitoring system, of the department of expenditure, Ministry of Finance, Govt. of India. Public Financial Management System (PFMS) is a platform for e-payment of subsidy under Direct Benefit Transfer (DBT) to both AADHAR based & Non- AADHAR based bank accounts through NPCI. It also integrates various existing standalone systems. The prime objective of PFMS enables you to track your funds released in all the Plan schemes under the Government of India. It reports expenditures at all levels of Programme implementation in real-time.

Kerala Gramin Bank has implemented DBT payments through PFMS for the beneficiaries covered under the scheme. Kerala Gramin Bank offers PFMS to efficiently monitor schemes and programs offered by central government and state governments.

We are offering:

• Payments Authorization through DSC, Server sign & PPA mode
• Daily transaction reconciliation
• Processing through NACH, APBS apart from NEFT & RTGS
• Dedicated Helpdesk for query resolution
• View transactions Dashboard on mobile or on web (under pipeline)