In the realm of financial transactions, especially those pertaining to Direct Benefit Transfers (DBT), the PFMS Generated Payment form plays a pivotal role in ensuring seamless fund transfers from government agencies to beneficiaries. Dated 29th December 2014, this particular form outlines an authorization issued to the State Bank of India, Safdarjung Enclave Branch, enabling the debiting of a specified agency account for crediting specified beneficiaries. The form features essential details such as the Payment Advice No., PAN and TAN numbers of the concerned agency, and contact information of the bank’s PFMS Nodal Officer, Mr. Nitin Panandikar. It meticulously instructs the branch on processing the batch amount destined for five beneficiaries, as detailed in Annexure-I, through the integrated PFMS-Bank payment system – a part of the Office of Controller General of Accounts' (CGA) initiative to streamline government payments. Along with specifying the total debit amount in both numerals and words, it emphasizes accountability through the inclusion of agency's seal and signatures of authorized signatories, followed by their names, designations, and contact numbers. The form not only serves as a directive for the bank but also as a record for the National Disaster Management Authority, highlighting the efficiency and transparency introduced by PFMS in handling public funds.
| Question | Answer |
|---|---|
| Form Name | Pfms Generated Payment Form |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | pfm full form sbi, pfms sbi, pfms full form sbi bank, pfms bank list pdf |
