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NSP Scholarship Payment Failed Due to IFSC Error – Complete Step-by-Step Solution (2026 Guide)

  • 4 days ago
  • 2 min read
NSP Scholarship Payment Failed Due to IFSC Error student fixing bank details online

Introduction


If your NSP Scholarship Payment Failed Due to IFSC Error, you are not alone. Thousands of students face this issue every year after approval when the scholarship amount does not get credited due to incorrect or inactive IFSC codes.

In this detailed guide, you will learn:

  • Why NSP scholarship payment fails due to IFSC error

  • How to correct IFSC in NSP portal

  • How to verify bank details in PFMS

  • How long it takes after correction

  • Official links to fix the issue immediately

This article is updated for 2026 and follows the latest process under the National Scholarship Portal and Public Financial Management System.


Why NSP Scholarship Payment Failed Due to IFSC Error Happens

The NSP Scholarship Payment Failed Due to IFSC Error usually occurs because of:

  1. Wrong IFSC code entered during registration

  2. Bank branch merged or IFSC changed

  3. Account closed or inactive

  4. Name mismatch between bank and Aadhaar

  5. Account not seeded with Aadhaar

  6. Minor account without DBT enabled

Since scholarship payments are processed through PFMS, even a small mistake can result in payment rejection.


How to Check If Your IFSC Code Is Correct

Before making corrections, verify your IFSC code:

  1. Visit official PFMS portalhttps://pfms.nic.in

  2. Click on “Know Your Payment”

  3. Enter your bank account number

  4. Check payment status

You can also verify IFSC on your bank’s official website or RBI IFSC directory.


NSP Scholarship Payment Failed Due to IFSC Error – Step-by-Step Correction Process


Step 1: Login to NSP Portal

Login using your Application ID and password.


Step 2: Check Bank Details Section

Go to:Application Form → Bank Details

Check:

  • Account Number

  • IFSC Code

  • Account Holder Name

If incorrect, follow the next step.


Step 3: Contact Your Institute

Bank details cannot always be edited directly after final submission. You must:

  • Contact your college/school nodal officer

  • Request bank detail correction

  • Provide updated passbook copy

After verification, institute forwards correction for revalidation.


Step 4: Verify Aadhaar Seeding

Visit your bank branch and confirm:

  • Aadhaar linked to bank account

  • DBT enabled

  • IFSC active

You can also check Aadhaar seeding status via:https://resident.uidai.gov.in/bank-mapper



How Long Does It Take After IFSC Correction?

After fixing the NSP Scholarship Payment Failed Due to IFSC Error:

  • Institute re-verification: 7–15 days

  • PFMS validation: 10–20 days

  • Payment credit: 15–30 days

Total expected time: 3–6 weeks.


What If Payment Still Fails?

If issue continues:


Contact NSP Helpdesk

Email: helpdesk@nsp.gov.inPhone: 0120-6619540


Contact PFMS Helpdesk

Email: pfms@gov.inPhone: 1800-118-111

Always keep:

  • Application ID

  • Aadhaar Number

  • Bank Passbook Copy

  • Payment Failure Screenshot


Important Tips to Avoid IFSC Errors in Future

  • Always copy IFSC directly from passbook

  • Do not use someone else's bank account

  • Ensure account is active

  • Avoid minor savings account

  • Double check before final submission



Frequently Asked Questions (FAQ)


Q1. Can I change IFSC after final submission?

Yes, through institute verification request.


Q2. Will scholarship come automatically after correction?

Yes, once PFMS validates bank details.


Q3. Can I use parents’ bank account?

Only if scheme guidelines allow and Aadhaar seeded properly.


Official Important Links (Actual URLs)

Aadhaar Bank Linking Status:https://resident.uidai.gov.in/bank-mapper

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