SVMCM, also known as Swami Vivekananda Merit-cum-Means Scholarship, is one of the most awaited scholarships for students in West Bengal. It provides financial assistance to deserving students based on merit and economic need. Recently, many students were left confused due to a newly issued alert regarding failed disbursements. Did the payment system change? Is this a new way of receiving money? Let’s break it all down.
Latest Alert
Candidates who faced disbursement failure due to inactive/temporary/closed/minor accounts or wrong IFSC codes should first contact their banks. After fixing the issue, Class XI/XII students must contact the DI Office, and others should visit the Directorate Office.
The last date to resolve these issues is 30th June.
Note:-This alert shows up when we enter the SVMCM portal.
The SVMCM team found that a lot of payment failures were happening due to account-related issues not system errors.
What Triggered the New Alert on the SVMCM Portal?
Recently, many students came across a red-colored alert on the official website. This made them think something new had started, or maybe the payment process had changed. But the truth is simpler — the method of payment has not changed. The alert is only meant for students who faced disbursement failure because of account-related problems. If your money was already credited successfully, you don’t have to worry at all.
The notice was specifically targeting students whose money couldn’t be credited due to reasons like minor accounts, closed or inactive accounts, or even simple mistakes like typing the wrong account number or IFSC code. These issues might seem small but are enough to stop the entire process. That’s why the authorities are now giving such students a chance to fix these issues — but within a deadline.
Who Needs to Take Action and Why
Here are four key points that students need to keep in mind based on this new alert:
- Only students with payment failures need to take action. If your scholarship money came successfully, you can ignore this alert.
- Common reasons for disbursement failure include inactive accounts, wrong IFSC code, minor account status, or closed accounts.
- Such students must first visit their bank to correct the issue, and then contact either the DI Office (for Class XI/XII students) or the Directorate Office (for college/university students).
- The final deadline for account rectification and reporting is 30th June.
So, if you’re among those who haven’t received their scholarship yet and suspect there’s a problem with your bank account, this is the time to act. Go to your bank, check whether your account is active, and make sure it’s in your name (not a parent’s if you’re underage). Once the account is fixed, take the necessary documents and visit the appropriate office to report the update. But do this before the deadline, or you might miss your chance this year.
When Will the Scholarship Money Be Paid After Rectification?
If everything is in place and you’ve already completed the correction steps, the next question on your mind is probably: “When will the money be paid?” While the notice does not mention an exact date for payment, based on past patterns, the disbursement usually begins within 2 to 4 weeks after the rectification window closes. That means payments can be expected in early or mid-July, assuming everything goes smoothly.
Final Words — No Change in Payment Method
To sum it up, this alert isn’t announcing a new payment system. The direct bank transfer method remains the same. It’s just a reminder and opportunity for those who made mistakes during application or bank detail entry. If you’re one of them, don’t miss this final chance. Fix your details, report them, and wait for the fund to reach your account soon..
SVMCM Support Channels
- Visit svmcm.wbhed.gov.in
- Use the Helpdesk section
Helpline and Email Support
- Email support: helpdesk.svmcm-wb@gov.in
- Phone: Usually listed on official website
FAQs
1. Did SVMCM change the payment method this year?
No, the payment system is still through direct bank transfer to the student’s account.
2. Who needs to follow the steps mentioned in the alert?
Only those whose money wasn’t credited due to wrong or inactive account details.
3. What should I do if my account was inactive or incorrect?
Visit your bank to update it, and then report to the DI Office (Class XI/XII) or Directorate Office (college/university students).
4. What is the deadline to fix these issues?
You must complete all corrections and report before 30th June.
5. When will the money be paid after correction?
It is expected that payment will begin shortly after 30th June, most likely in early to mid-July.
NOTE:-The month mentioned here is not officially approved,