The VA benefits direct deposit schedule determines when you will receive your VA benefit check. If you have just been approved for VA benefits then you will get your first regular monthly payment on the first of the next month. The VA pays benefits a month behind, just like Social Security pays disability benefits a month behind. This means your VA benefit payment for February will go into your bank account via direct deposit on March 1st. Note that you are owed back compensation benefits, that payment can arrive on any day of the month and is often received prior to your first regular monthly payment.