NSP Scholarship Fund Dispatched but Bank Not Showing Credit – Complete 2026 Payment Delay Guide

Introduction

NSP Scholarship Fund Dispatched but Bank Not Showing Credit

If your NSP portal shows “Fund Dispatched” but the amount is not reflecting in your bank account, you are not alone. Thousands of students applying through the National Scholarship Portal face this confusion every year.

Seeing the status as Fund Dispatched creates hope — but when the bank balance does not update, stress begins.

In this detailed guide, you will learn:

• What “Fund Dispatched” actually means

• Why your bank account is not showing credit

• How long it normally takes

• Step-by-step solution to fix the issue

• Official links to track your payment

This article is structured to help you resolve the issue quickly and safely.

What Does “Fund Dispatched” Mean in NSP?

When the status on the National Scholarship Portal shows Fund Dispatched, it means:

• The scholarship amount has been released by the ministry

• The payment file has been sent to the PFMS system

• It is forwarded for DBT processing

However, this does NOT always mean that the amount has been credited to your bank instantly.

The payment is processed through Public Financial Management System under the Direct Benefit Transfer (DBT) system.

NSP Scholarship Fund Dispatched but Bank Not Showing Credit – Main Reasons

Here are the most common causes:

1. PFMS Processing Delay

After fund dispatch, PFMS verifies:

• Bank account status

• Aadhaar seeding

• NPCI mapping

• Account validity

This can take 3–10 working days.

2. Aadhaar Not Properly Linked

If your Aadhaar is not linked with your bank account, the DBT transfer may be rejected or kept on hold.

You can check Aadhaar-bank linking status here:https://resident.uidai.gov.in/bank-mapper

(Official site of UIDAI)

3. Bank Account Name Mismatch

If:

• Your NSP name ≠ Bank account name

• Initials differ

• Spelling mismatch exists

The transaction may fail.

4. Account Dormant or Inactive

If your bank account has:

• No recent transactions

• KYC incomplete

• Minimum balance violation

The bank may block incoming DBT credits.

5. Payment Sent to Wrong Account

Sometimes students update bank details late. If old account details were approved earlier, payment may be sent to the previous account.

6. Bank Internal Delay

Public sector banks sometimes take 2–3 extra days to reflect DBT credits internally.

How to Check If Payment Is Really Sent

Follow this step-by-step process:

Step 1: Visit PFMS Portal

https://pfms.nic.in

(Official site of Public Financial Management System)

Step 2: Click “Know Your Payments”

Step 3: Enter:

• Bank name

• Account number

• Captcha

If payment is successful, it will show Success status with transaction ID.

How Long Does It Take After Fund Dispatched?

Normally:

• 2–3 working days – Fast processing

• 5–7 working days – Standard processing

• 10 working days – Maximum usual delay

If more than 15 days have passed, action is required.

What To Do If NSP Scholarship Fund Dispatched but Bank Not Showing Credit After 10 Days

Follow this action plan:

1. Check PFMS Status

If status shows:

• Success → Contact bank

• Failed → Check reason

2. Visit Your Bank Branch

Ask for:

• DBT credit status

• NPCI mapping status

• Account seeding confirmation

3. Check Aadhaar Seeding

Confirm through UIDAI website (link above).

4. Contact NSP Helpdesk

Official NSP Contact Page:https://scholarships.gov.in/fresh/newstdRegfrmInstruction

Helpline: 0120-6619540Email: helpdesk@nsp.gov.in

Common PFMS Status Meanings

PFMS Status	Meaning
Success	Amount credited
Failed	Transfer rejected
Pending	Under bank processing
Rejected by Bank	Bank refused credit

Real Example Scenario

Many students see:

Fund Dispatched – 5 FebruaryPFMS Success – 7 FebruaryBank Credit – 9 February

So small gaps are normal.

Important Safety Warning

Do NOT:

• Pay agents

• Share OTP

• Trust unofficial YouTube claims

• Click random payment update links

Only trust:

• scholarships.gov.in

• pfms.nic.in

• uidai.gov.in

Frequently Asked Questions

Q1. PFMS Shows Success But Bank Not Showing Credit?

Visit your bank with transaction ID. Sometimes credit reflects after CBS update.

Q2. Fund Dispatched 15 Days Ago. What Should I Do?

Check PFMS → Visit bank → Contact NSP helpdesk.

Q3. Can Payment Be Reversed?

Yes, if account is invalid or closed.