How to Apply for PAN Card

Permanent Account Number (PAN) is a ten digit alphanumeric number, issued by the Indian income tax department in the form of plastic card. A person can have only one PAN card issued under his name. PAN card is mandatory for all the financial transactions such as sale and purchase of assets over a specified limit, getting the taxable salary, opening a bank account and investing money in mutual funds and share markets.

You must have a PAN card, if you are filing the income tax return. For a transaction of Rs 50000 or above, you need to mention your PAN number. PAN card also works as permanent ID proof. If you do not have a PAN card and want to apply for the same then here is the process: 

  1. Download or purchase Form 49A.
  2. Complete the application form in all aspects and sign it.
  3. Affix two photographs on the space provided.
  4. Sign one photograph in a way so that half of the signature appear on the form and half on the photograph.
  5. Attach an identity proof with the application form. The documents whic can be used as id proof are:
    1. School leaving certificate
    2. Matriculation certificate
    3. Degree of recognized educational institution
    4. Photocopy of passbook front page and recent transaction page
    5. Ration card
    6. Voter card
    7. Passport
    8. Driving license
    9. Credit card statement
  6. Attach an address proof with the application form. The documents which can be used as address proof are:
    1. Telephone bill
    2. Photocopy of passbook front page and recent transaction page
    3. Credit card statement
    4. Ration card
    5. Passport
    6. Voter card
    7. Driving license

Collect all the documents as mentioned above and submit the application form with a nominal fees of Rs 94 at the nearest IT pan service centre. PAN card will be issued within 10-15 days after receiving the application form.

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