NSP Scholarship Payment Released but Amount Not Credited – What’s Really Going On?
- sangharshhhbhalera
- 3 hours ago
- 2 min read
Introduction
Many students panic when they see NSP Scholarship Payment Released but Amount Not Credited in their bank account. The National Scholarship Portal (NSP) status may show Payment Released or Success, yet the bank balance remains unchanged. This situation is common and usually temporary, but it needs proper understanding.
In this detailed guide, you will learn why NSP scholarship payments get delayed even after release, how PFMS works, how long you should wait, and what exact steps to take to resolve the issue.
What Does “NSP Scholarship Payment Released” Mean?
When NSP shows Payment Released, it means:
The ministry has approved your scholarship
Funds have been sent to PFMS (Public Financial Management System)
Payment instruction has been generated
It does not always mean that the amount is instantly credited to your bank account.
NSP Scholarship Payment Released but Amount Not Credited – Main Reasons
1. PFMS Processing Delay
Even after release, PFMS takes time to process transactions. Bank settlement may take 3 to 10 working days.
2. Bank Server or Holiday Delay
If the payment is released near weekends or bank holidays, credit can be delayed.
3. Aadhaar Not Properly Seeded with Bank
If Aadhaar seeding is inactive or mismatched, PFMS may hold the payment temporarily.
4. Account Validation Under PFMS
Sometimes PFMS re-verifies bank details even after approval, causing delays.
5. Wrong Bank Details
Minor errors like:
Incorrect account number
Wrong IFSC code
Dormant bank account
can stop the credit temporarily.
How Long Should You Wait After NSP Payment Release?
Status | Expected Time |
Payment Released | 1–3 days |
PFMS Success | 2–7 working days |
Bank Credit | Up to 10 working days |
If 10 working days have passed and the amount is still not credited, action is required.
How to Check PFMS Status for NSP Scholarship
Follow these steps:
Visit PFMS website: https://pfms.nic.in
Click on Know Your Payment Status
Select NSP Scholarship
Enter Bank Account Number and Captcha
Submit to view status
PFMS status meanings:
Success: Amount will be credited soon
Pending: Under processing
Rejected: Bank or Aadhaar issue
What to Do If NSP Scholarship Amount Is Not Credited
Step 1: Verify Bank Details
Ensure:
Account is active
Name matches Aadhaar
IFSC code is correct
Step 2: Check Aadhaar Seeding
Confirm Aadhaar-bank linking via your bank branch or online banking.
Step 3: Contact Your Bank
Ask if any PFMS credit is pending or rejected.
Step 4: Raise Grievance on NSP
NSP Grievance Portal: https://scholarships.gov.in/grievancePage
Step 5: Contact PFMS Helpdesk
PFMS Portal: https://pfms.nic.in Email and helpline details are available on the site.
Common Myths About NSP Payment Delay
Payment released does NOT mean instant credit
SMS is not mandatory for confirmation
PFMS success can still take days for bank credit
CTA – Important Links
NSP Official Portal: https://scholarships.gov.in
PFMS Payment Status: https://pfms.nic.in
NSP Grievance Portal: https://scholarships.gov.in/grievancePage
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