What is PAN card?
Permanent Account Number is the full form of PAN card. PAN card is one of the most important documents while carrying out any financial transactions.
PAN Card carries a 10 digit Alpha Numeric unique identification number to identify tax payers in India. PAN Card is in the form of plastic card for easy carrying.
How important is PAN card?
It is an every Indian citizen’s duty to pay income tax if your yearly income exceeds the certain limit or tax slabs. Whether you are from India or living abroad, you should hold your PAN card to pay taxes to government of India. PAN card plays a major role in money transfer within the country or outside the country.
PAN card is required when you are
- Buying a car
- Buying a property
- Investing in stock market
- Exchanging currency
- Purchasing Jewellery
- Applying for Loans
- Investing your money in fixed deposits
- Cash deposits
- Paying to Insurance
- Opening an bank account
- Applying for Credit cards
- Investing in Mutual Funds and more
Types of PAN Card:
- PAN Card for Individual
- PAN Card for Association of Persons
- PAN Card for Body of Individuals
- PAN Card for Trust
- PAN Card for Limited Liability Partnership
- PAN Card for Firm
- PAN Card for Government
- PAN Card for HUF – Hindu Undivided Family
- PAN Card for Artificial Juridical Person
- PAN Card for Local Authority
- PAN Cards for Foreigners
Documents required applying for PAN Card:
For Indian Citizens including those who located outside India.
Identity Proof:
- Aadhaar Card
- Voters ID card
- Driving license
- Ration Card with applicant’s photo
- Arms license
- Any photo Id card issued by central or state government or public sector undertaking
- Pensioner card
- Health scheme card
- Certificate of Identity in original signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councilor or a Gazette officer.
- Bank certificate in original on letter head from the branch.
- Passport
Address/Residence Proof:
- Aadhaar Card
- Voters ID card
- Driving license
- Passport
- Passport of the spouse
- Post office passbook
- Latest Property tax assessment order
- Domicile certificate issued by government
- Property registration document
- Letter of allotment of accommodation by government
- Latest Electricity bill
- Landline Telephone Bill
- Broad Band connection bill
- Water tax bill
- Gas connection card or bill
- Bank account statement
- Depositary account statement
- Credit card statement
- Employer original certificate
- Certificate of Identity in original signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councilor or a Gazette officer
- NRE Bank account statement for applicants residing outside India
Proof of Date of Birth:
- Aadhaar Card
- Voters ID Card
- Driving License
- Passport
- Matriculation Certificate or State Board School Certificate
- Birth Certificate
- Photo Identity Card issued by Central or State Government
- Domicile certificate issued by Government
- Health Service Scheme Card
- Pension Payment Order
- Legal Marriage Certificate
Application Forms for applying PAN Cards:
Actually there are 2 types of application forms available for PAN application.
- Form 49A
- Form 49AA
Both the application forms are available online and it can be downloaded free of cost. This PAN card application form is mandatory and it should be filled with proper guidelines given in the application forms guidelines section.
Form 49A is for Indian Individuals and Entities. Minor applicants can also use this form to apply for PAN card.
Form 49AA is exclusively for foreigners.
Cost of PAN Card if applied online
Rs.93 + GST for Indian correspondence address
Rs.864 + GST for Foreign correspondence address
How to apply for PAN card online?
As said earlier, you have to fill in the application form of 49A or 49AA depending upon which category you fall in. Applicants who don’t have a PAN card in life time can apply using these methods. Please keep in mind that you cannot have 2 PAN Cards and you cannot apply for second PAN Card if you already have one and it’s illegal too.
Step 1: Please go to https://www.onlineservices.nsdl.com/paam/endUserRegisterContact.html
Step 2: In Application Type, select “New PAN – Indian Citizen (Form 49A) for Indian Citizens or select “New PAN – Foreign Citizen” for Foreign Citizens.
Step 3: In Category, Please select “Individual” if you are an individual or Association of Persons, Body of Individuals, Trust, Limited Liability Partnership, Firm, Government, Hindu Undivided Family, Artificial Juridical Person, Local Authority depends on your category.
Step 4: In Applicant Information, Read the guidelines before you proceed.
Step 5: In title, select “ Shri if you are male, Smt if you are married women, Kumari if you are unmarried women”. Fill in other details like your First and Last Name, Date of Birth, Email Id and Mobile number.
Step 6: Select the consent box by ticking it and enter the captcha and submit it.
Step 7: You will be receiving token number on the next page if you have successfully registered. Select “Continue with PAN application form”. Token number is valid for one month.
Step 8: On the next page select “Submit scanned images through e-sign” if you are uploading all the scanned supportive documents online.
Step 9: In Whether Physical PAN Card is required? Select “Yes Fees Applicable”
Step 10: Fill in all the required details on the same page and upload supportive documents for Identity Proof, Residence Proof, Age Proof, Digital Signature and Photograph. Digital Signature and Photograph should not exceed 50kb each. All the other documents in PDF format and should not exceed 300kb.
Step 11: After uploading all the supportive documents, you will be directed to Payments page. Make the necessary payment and Select Proceed and by clicking “I agree to terms of service”. You can pay Debit, Credit Cards and UPI transactions.
Step 12: You will be receiving transaction “Success” message with transactions reference number. Make a note of it for future reference.
Step 13: Select “Continue” on the same page.
Step 14: On the next page select tick box to Authenticate Aadhaar to proceed further. Select continue to proceed.
Step 15: On the next page select “OTP Authentication”
Step 16: Type the received OTP and select “Submit”
Step 17: On the next page select “Continue with esign”
Step 18: On the next page type you Aadhaar number and select “Send OTP”
Step 19: On the next page enter your OTP and verify it.
Step 20: As final step your acknowledgement will be generated.
With the help of the acknowledgement number you can view the status of application.
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