How to Apply for a PAN Card?

Posted on Wednesday, June 26th, 2024 | By IndusInd Bank

A PAN (Permanent Account Number) card is a crucial financial document required for tax payments, financial transactions, investments, and other purposes. Want to open a bank account online? You need PAN card details to complete the KYC (Know Your Customer) process.  

While you can open a bank account without a PAN card, the account options before you will be limited. Additionally, you may get limited services, which could confine your overall banking experience.  

Hence, it is crucial to have a PAN card. Let us understand how to get a PAN card by understanding the application process in detail. 

Can you Apply for a PAN Card Online?  

If you are wondering whether we can apply for a PAN card online, the answer is ‘yes’. One can carry out the application process online as well as offline.  

Additionally, one also has the option to get an instant e-PAN card through their Aadhaar details.  

First, let’s look at the online process.  

Applying for a PAN Card Online:

1. Visit the official PAN website managed by the Tax Information Network of the Income Tax Department. 

2. Select the ‘Apply Online’ option and choose the appropriate application type. Read the guidelines, instructions, documents required, etc., carefully before you begin the application process.  

3. Fill in the online form. Choose the correct application type and category while ensuring the applicant’s information is correct.  

4. Upload scanned copies of the required documents, including proof of identity, address, and date of birth. 

5. Complete the payment of the prescribed fee through online payment modes. 

6. Once you have paid the fees, you can submit the form. Post the submission, the portal will generate a 15-digit acknowledgement number. Note this number down for future reference. 

7. Next, print the filled application form and attach your photographs. 

8. Send the application to the relevant address with the required documents. 

You can find the list of centres that accept online PAN applications on the official PAN website.  

With an idea of how to apply for a PAN card online, let’s look at the offline process as well:  

Applying for a PAN Card Offline:

1. Get Form 49A either through an NSDL (National Securities Depository Limited) centre or as a download from the official website.  

2. Fill out the form.  

3. Gather the documents, fees, and the completed application form. Submit the same to the NSDL centre. 

4. Once submitted, the centre shall provide you with an acknowledgement slip with a 15-digit number. This number will help you track your application.  

You can also get an instant PAN card if you submit your Aadhaar details. Let’s understand how.  

Applying for an Instant e-PAN Card:

1. Visit the official website of the Income Tax Department. Click ‘Instant e-PAN’ in the Quick Links section to apply for an e-PAN card with Aadhaar. 

2. Choose the ‘Get New e-PAN’ option.  

3. Provide your 12-digit Aadhaar Card number and confirm.  

4. Review the details given on the page. Submit to complete the application process for the e-PAN card.  

Knowing how and where to apply for a PAN Card is crucial for a smooth application process.  

Also Read: Documents Required for Opening a Bank Account: A Handy Checklist 

Significance of PAN Card in Banking 

A PAN card plays a crucial role in regulating your banking journey due to the following reasons: 

1. It is essential when you want to create a bank account and apply for loans. Without a PAN card, you would have limited banking experience.  

2. PAN is also needed to create a DEMAT account and to carry out financial transactions related to mutual funds, stocks, and other securities.  

3. It helps financial institutions track the transactions in your account, which can ensure safety and security.  

With a PAN Card, you can open an IndusInd Bank Savings Account within minutes. The account opening process is 100% digital and paperless. So, what are you waiting for? Get started right away! 

Disclaimer: The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information.