MahaDBT Redeem Voucher – Fund Disbursement Process

If students are eligible or have their application approved. Then the students will get the Scholarship benefits Directly in their Aadhar Linked Bank Account in Two Installment.

But, they have to click on the Redeem button to receive the Scholarship Benefits in their Bank Account.

some of their scholarships will be sent to the college. scholarship amount or benefits completely depend on scholarship schemes and departments for where they are applying.

Redeem Button Option Activate Notification

When your First and Second installment is ready for disbursement then you will receive the SMS or Email Notification from the MahaDBT that your Installment is Ready for Disbursement.

( Make sure you have submitted your active mobile number or email so you can’t miss the Notification )

Redeem Button
(MahaDBT Voucher Redeem Notification E-mail)

First Installment – (Redeem Process)

After you receive a notification on email and SMS from MahaDBT that your First Installment is ready for Disbursement. then you have to Redeem your Scholarship Voucher by going to your Dashboard – My Applied Schemes – Approved Application – Check Redeem Status

(Click on Check Redeem Status as shown in the above image)

After you clicked on Check Redeem Status you will see your Voucher Details. now you can see your First Installment Redeem Button is Available now Simply Click on Redeem Button to receive your First Installment Directly in your Aadhar Linked Bank Account.

NOTE: You have to Redeem your Voucher before it Expires. if you did not Redeem your voucher then you will not receive your scholarship benefits.

(Redeem your 1st Installment as shown in the above image)

After Redeeming the First Installment you will see the Success window on your screen.

(First Installment Successfully Redeemed as shown in the above image)

Now if you again Clicked on Check Redeem Status then you will see Fund Disbursement in Process. that means you will receive a Scholarship Benefits in 2-3 Days. in some cases, it can take longer.

(Fund Disbursement in Process as shown in the above image)

Congratulations, you have successfully Redeemed your First Installment.

Second Installment (Redeem Process)

So, After getting the First Installment student will receive the Second Installment after some weeks or even next month. now you just have to wait for Second Installment Redeem Button to be Activate. again you will receive Notification that your Second Installment is ready for Disbursement. Again go to your Dashboard – My Applied Schemes – Approved Application – Check Redeem Status now you can see Redeem Button for Second Installment.

(Redeem your 2nd Installment as shown in the above image)

When you Redeem the Second Installment again you will the Success window on your screen.

(Second Installment Successfully Redeemed as shown in the above image)

Now again click on Check Redeem Status now you can see your Second Installment Fund Disbursement in Process.

(Fund Disbursement in Process as shown in the above image)

Congratulations, you have successfully Redeemed your Second Installment.

Watch the following Video to Know How to Redeem your Scholarship Voucher.

Visit the Homepage of this Site.

20 thoughts on “MahaDBT Redeem Voucher – Fund Disbursement Process”

  1. I have redeemed 1st installment but student status is showing fund disbursement in process for months and there is no 2nd redeem option available yet plzzz help?

    Reply
    • After you received the 1st installment you will receive Redeem Button notification for 2nd installment in next 15-30 Days. In some cases it may be longer.

      Reply
      • I’ve recieved the message that my application is approved by desk 2 few days back. Now after clicking my approved application, I found check redeem status option where in both installment it’s written that student and institute approval waiting. Please tell me the procedure to confirm the approval, college says nothing has to be done now.

        Reply
  2. I have redeemed my first voucher and showing funds disturbment in process from 2 month and in payment notification showing aadhar is inactive but my aadhar is active in npci and also link in bank I am second year there is no problem in first year

    Reply
  3. i got error as Beneficary Registration Response: AADHAAR Number should be of 12 digits and must pas.
    my institute benefit amount for first installment is already received.but my student benefit amount is pending due to above error.
    In my applicant login it says please enter valid adhar number.
    but if suppose adhar is wrong ,then how it is possible to registered my application on mahadbt portal successfully.
    my adhar is valid .verified on uidai portal .My adhar is already mapped with my bank a/c.

    i am not able to understand this error.plz guide me

    Reply
  4. I got the message for redeem voucher for first installment,but when i visited the mahadbtmahait site in my applied scheme to redeem the voucher it was already showing fund disbursement in process under student status.I cannot understand,please guide me.

    Reply
  5. I have redeemed my first installment and it shows fund disbursement in process from last 4 month.it does not shows any error or notification but still I not received any fund. plz help

    Reply
  6. My application is approved by the desk2 officer on march 28th but i have not got any redeem option yet itnis showing that awaiting student approval n institute approval when would i get my redeem option

    Reply
  7. Sir,I redeemed first installment before four month showing funds disturbment in process but my aadhar is active in npci and also link in bank account I also checked on uidai websites what problem please suggest

    Reply
  8. i have got my first installation redeem option and i have redeemed it 2 months ago. till now, i haven’t got redeem option for second installment. its status is under DDO for second installment. how much time will it take?

    Reply
  9. I have redeemed nearly 1.5 – 2 months ago, my friends who redeemed after have got the Money in their Bank but in my concern it shows “Fund Disbursement In Process” ….. How many days it will take, can anyone tell me.

    Reply
  10. I have checked my redeem status it showing fund disbursement in process from two months back..
    But, now i have again checked my redeem status but it showing “fund disbursed” for first installment and awaiting approval for second installment even though i haven’t get msg for redeem voucher….
    When will i get my fund for first installment
    As i won’t get any fund in my account
    Please help!

    Reply

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