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PAN Card application


A PAN number or Permanent Account Number is 10-character alpha numeric code that also acts as an identification of Indian citizens who pay income tax. A PAN number is mandatory for all bank transactions including the opening of a bank account and sale and purchase of assets above a particular limit. The number is unique and it is also issued to foreign nationals as well, subject to a valid visa.

A PAN number is inscribed on a PAN card, which is a standard plastic bank card that holds the image of the person, his date of birth, date of issue and address. The card does not have the address of the holder, hence it is unaffected by the change in address.

Characteristics of PAN Card

A 10-character Code

PAN number is a 10 character alpha numeric code which is unique for each tax payer. It is issued by the Income Tax Department to track all financial-related transactions.

No Address

A PAN card will not have any address and hence it remains unchanged even if the holder changes his residence.

Available to All Indian Citizens

The Income Tax Department issues PAN cards to all Indian citizens on applying for it with the required documents. A person will receive only one number.

Validity

Once a PAN card is issued, it is valid for lifetime and does not require to be renewed.


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No Hidden Fee

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