Obtaining a PAN

The Permanent Account Number (PAN) is a 10 alphanumeric code used to verify an individual's identity. To prevent tax avoidance, the Income Tax Department is responsible for giving this number to every potential taxpayer.

In this case, two people cannot have the same number. This is achievable because PAN is an electronic system that tracks every taxpaying citizen's financial transactions. Every person is given a laminated PAN card with their unique identification number.

Benefits of PAN Card

To get a refund on your taxes

Frequently, a taxpayer who will pay more than the actual tax amount, the excess amount of tax will be refunded in the account of assesse and for this bank account of assesse must be link with PAN.

For Entrepreneurs

It is necessary to have a PAN card in the organization's name to launch a firm or a company.

Deduction for taxes

A PAN card is crucial for tax purposes. If an individual receives Rs. 10,000 in the form of interest from a savings account or a fixed deposit and has not linked his PAN card to the bank account, the bank will deduct 20% of TDS instead of 10%.

For a banker's check or a pay order

When requesting a pay order, bank cheques, or draft, a PAN card is required. If a person is transacting more than Rs. 50,000, the PAN card is required to complete the transaction.

To open a Demat account

A PAN card is required to open a Demat account, which is used to hold shares in dematerialized form.

In terms of taxation

The Income Tax Department uses a PAN card to examine an individual's or entity's monetary transactions. It assists in identifying those who are involved in tax evasion. The PAN card contains a person's name, photograph, and other personal information, making it an acceptable identity verification.

Eligibility for PAN

Individuals, businesses, non-resident Indians, and anybody else who pays taxes in India receive a PAN Card.

PAN-related documents

For PAN, two types of documentation are necessary. Proof of Address (POA) and Proof of Identity (POI) are two different types of proof.

1. For a single applicant
  • Ration card / Aadhar card / Driving License / Voter ID / Passport with your photo on it / ID Card given by the government / Bank Certificate
  • Address Proof: Employer Certificate in Original / Domicile Certificate / Certificate of Address in Original signed by MP or MLA.
  • Proof of Date of Birth: Municipal Authority Issued Birth Certificate or authorized Registrar / Aadhar Card / Voter ID / Driving License / Passport
  • Only the Certificate of Incorporation is required for Indian companies, and limited liability partnerships (LLPs) registered in India.
  • A registration certificate issued by the Registrar of Firms or a copy of the Partnership Deed is required for a firm PAN Card.
  • For Artificial Judicial Person (AJP), Body of Individual (BOI), or Association of Person (AOP)
    • Certificate of Registration from the Registrar of Cooperatives
    • Copy of the agreement
  • For Trust (AOP)
    • Trust Deed copy

How to Apply for a PAN

  • Go to the NSDL or UTITSL websites.
  • Fill out the application, submit it, and pay the processing cost.
  • The PAN will be mailed to the address provided and original copy of PAN Card will be send at registered address.
  • Obtain an application from a PAN centre that is authorized.
  • Fill out the form, attach any necessary documents, and send it in with the processing money.
  • The PAN will be mailed to the address provided and original copy of PAN Card will be send at registered address.

How do I change/update my PAN information?

To update your PAN, take the following steps:

  • Go to the PAN Update section of the NSDL website.
  • In existing PAN data, select the "Correction" option.
  • A copy of the supporting documents (POI/POA) is necessary.


Rs.199 All inclusive price


  • New Pan Card Application
Rs.299 All inclusive price


  • Pan Card Modification