Creating A Pan: A Step-By-Step Guide

how to create a pan

A Permanent Account Number (PAN) is a unique 10-digit alphanumeric identification number issued by the Income Tax Department of India to every taxpayer in the country. It is required for several financial transactions such as opening a bank account, applying for loans, and purchasing property. It can also be used as proof of identity. You can apply for a PAN card online or offline, but it is important to submit the correct documents and provide a registered email address and phone number. The application fee varies depending on the document submission method and card preference.

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How to apply for a PAN card online

Applying for a PAN card online is a straightforward process. Firstly, you need to visit either the NSDL or the UTIITSL website. Here, you will find the online application form, which must be filled out and submitted. There is a processing fee to be paid online, and this fee varies depending on the mode of document submission and the type of PAN card required. For example, an instant e-PAN card is free of cost.

The documents required for the application include proof of identity, address, and date of birth. These documents can be uploaded and submitted online, or they can be sent by post for verification.

For those with an Aadhaar card, an instant e-PAN card can be applied for on the Income Tax portal. The process is similar, but you will need to enter your 12-digit Aadhaar number and confirm that your mobile number is linked to your Aadhaar. A success message will be displayed, along with an Acknowledgment Number, which should be noted for future reference. A confirmation message will also be sent to your mobile and email.

The online application process is the most hassle-free way to obtain a PAN card, and it can be done quickly and efficiently through the NSDL, UTIITSL, or Income Tax portals.

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How to apply for a PAN card offline

A Permanent Account Number (PAN) card is an essential document for financial transactions in India. It is also required for other activities such as opening a bank account, using mobile wallets, and filing income tax returns. You can apply for a PAN card online or offline, but it is important to submit the correct documents and provide accurate information. Here is a step-by-step guide on how to apply for a PAN card offline:

Step 1: Download the PAN application form

Download Form 49A from the NSDL or UTIITSL website. This form is for Indian citizens, Indian companies, entities incorporated in India, and unincorporated entities of India. If you are not an Indian citizen, you will need to fill out Form 49AA. You can also obtain a physical copy of the form from agents or IT PAN Service Centres and TIN facilitation centres like UTI & NSDL.

Step 2: Fill out the form

Carefully read all the instructions and fill out the form with the correct details. Provide your personal information, including your name, gender, date of birth, and parents' names. Also, include your income sources, communication address, residential address, and office address. Ensure that the information is accurate and legible.

Step 3: Attach required documents

Along with the completed form, you will need to attach supporting documents such as identity proof, resident proof, and proof of date of birth. Two recent passport-size colour photographs are also required. Make sure to sign the form in the designated section and affix your photograph.

Step 4: Submit the form and pay the fee

Submit the duly filled form with attached documents to the NSDL/UTIITSL office or a district-level PAN agency. You will need to pay the processing fee, which is currently Rs. 94, including Rs. 85 as a processing fee and Rs. 9 as service tax. You can pay by cheque or DD in favour of NSDL or through e-payment methods such as credit card, debit card, or net banking.

Step 5: Receive your PAN card

After submitting your application, your PAN card will be sent to the mentioned address within 15 working days. You will receive a PAN number for verification once your acknowledgement form is received by the NSDL/UTIITSL office.

Please note that the fees may vary, and it is always recommended to refer to the official websites for the most up-to-date information.

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How to select your application type

When applying for a PAN card, selecting the correct application type is crucial. The application type depends on your citizenship status. If you are an Indian citizen, you should select "PAN Card for Indian Citizen/NRI". On the other hand, if you are a foreign citizen, you should choose "PAN Card for Foreign Citizen". This distinction is important as it determines the documentation and requirements that you need to fulfil.

For Indian citizens, the application process is relatively straightforward. You will need to fill out Form 49A, providing your personal details such as name, date of birth, and contact information. Additionally, you will be required to submit supporting documents, which may include proof of identity, address, and income sources.

Foreign citizens applying for a PAN card will need to follow a similar process but with some additional considerations. They must provide necessary documents, including a valid passport, proof of address in their home country, and any other relevant identification documents. It is worth noting that the application fee for foreign citizens is higher than for Indian citizens, reflecting the different requirements and procedures involved.

In both cases, it is essential to provide accurate and complete information. Any discrepancies or missing details can lead to delays or even rejection of your application. Therefore, carefully review the requirements for your specific application type and gather all the necessary documents before initiating the process.

Furthermore, it is important to be mindful of the submission methods for your application. You can choose to submit your application and documents physically or opt for a digital submission. The digital route offers convenience and speed, allowing you to complete the entire process online. However, the physical submission method might be preferred in certain cases, especially if you need to provide additional supporting documents that are not easily digitised.

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How to submit your documents

To submit your documents for a PAN card application, you must first determine your applicant type. The documents required vary depending on whether you are an Indian citizen or not, and whether you are an individual or an organisation.

Indian Citizens

Indian citizens must submit proof of identity, address, and date of birth.

Acceptable documents for proof of identity include:

  • Aadhaar card
  • Voter ID
  • Passport
  • Driving license

Proof of address can be verified with:

  • A utility bill
  • Bank statement
  • Passport
  • Aadhaar card

Non-Indian Citizens

Non-Indian citizens do not need to submit proof of date of birth, only proof of identity and address.

Acceptable documents for proof of identity include:

  • Other Citizenship ID Number
  • National ID Number
  • Taxpayer ID Number
  • Visa granted by any foreign country
  • Appointment letter copy provided by the Indian company
  • Original certificate of address in India

Submitting Documents

Once you have gathered the required documents, you can submit them either physically or online.

To submit documents physically, send hard copies to UTIITSL by post. If you choose this option, you must carry your original documents, as they may be compared and verified with the copies.

To submit documents online, you can upload scanned copies of the documents. Ensure that these are in an acceptable format (PDF, JPG, or PNG), with a file size of under 300 KB for each document.

Please note that UTIITSL does not accept documents via email.

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What to do after your application is processed

After your application has been processed, you will receive your PAN card. The time taken for the processing and receipt of the PAN card varies across sources. Some sources cite that the PAN card will be dispatched within 15 days of application, while others state that it will be processed within 15 to 20 days and sent to the applicant's address or email within the same timeframe. One source mentions that the PAN card number is usually available within 5 working days, but the physical card may take around 2 weeks to arrive.

Once you have received your PAN card, you can use it for various purposes. PAN, or Permanent Account Number, is a crucial document in India. It serves as a proof of identity and is necessary for conducting any financial transaction. Specifically, you need to present your PAN card when opening a bank account, applying for a debit or credit card, taking out loans, starting an FD, and making insurance payments. It is also mandatory when initiating a foreign currency exchange or buying and selling vehicles, property, or jewellery.

Additionally, your PAN card is essential for tax-related purposes. It links all your financial transactions to you, allowing the Income Tax Department to maintain a comprehensive record of your tax information. Consequently, the PAN system plays a significant role in preventing tax evasion.

If you need to make any changes or corrections to your PAN card details, such as your name or date of birth, you can do so online. The process is similar to applying for a new PAN. You need to visit the NSDL or UTIITSL website, select the relevant application type, enter the details to be changed, upload the supporting documents, and pay the processing fee. Your updated PAN will be dispatched within 15 days.

Frequently asked questions

PAN stands for Permanent Account Number. It is a unique 10-digit alphanumeric identification number issued by the Income Tax Department of India to identify every taxpayer in the country.

You can apply for a PAN card online or offline. To apply online, you can use the NSDL or UTIITSL websites. To apply offline, submit your application to a TIN-FC or NSDL PAN centre.

First, go to the official website of TIN-NSDL and navigate to the PAN section under 'Services' to apply online. Second, select your application type and category. Third, fill in your details, including name, date of birth, and contact details. Fourth, submit the necessary documents. Fifth, pay the application fee.

The specific documents required may vary based on the applicant's category and the chosen application method. Generally, you will need to submit proof of identity, proof of address, and proof of date of birth.

The fee for applying for a new PAN card depends on whether your communication address is in India or abroad. For an Indian address, the fee is Rs. 93 (excluding GST), and for a foreign address, the fee is Rs. 864 (excluding GST).

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