What’s the PFMS Portal and what does it do? To search for plus student loan status, all you need to do is enter your student loan number into the web portal. After entering your student loan number, you will need to enter the bank name of the lender. After typing in your loan number and clicking on the submit button, you will receive a report listing every single information about your loan. This report will include information such as the current balance of your loan, the interest rate, how long the loan has been in force, when you will be expected to start paying the loan off, and any other relevant information that may be useful to you.
What if there are any errors or inaccuracies on the website? If the website of the provider of the PFMS Portal doesn’t contain accurate and reliable information or data, it may not be entirely inaccurate but is incomplete. If you see any inaccurate information or data on the website, then contact the provider of the PFMS Portal immediately.
How can I check if my loan application is approved? You can always check whether your loan application has been approved by checking the status online. The best way to check your loan application status is to log into the website once every month, go to the’status’ tab and select ‘all loan applications’. There you will find all the details regarding your loan application, including the status of your loan application.
Can I make payments online on a monthly basis? Yes, all of your monthly payments can now be made online via the website.
Are my payments secured or unsecured? Depending on your choice of lender and the type of student loan you are applying for, your monthly payments may differ depending on whether your payment will be secured or unsecured.
If I’m already in arrears on my payments, can I apply for online payments? Yes.
How accurate is my payment history? The amount of your monthly payments depends on the type of loan you are applying for and your overall credit score, but most lenders look at your payment history and use this as a basis for determining the amount of your monthly payments.
What are the charges for paying monthly payments? Usually, the payment fees for paying your student loans online are the same as the fees that are charged when you pay by cash or through credit card.
Is online payment more reliable than offline? No. If you want the most reliable payment service, then you should choose an online provider.