A permanent account number (PAN) is a vital identification number for carrying out financial and taxation in India. Now, the government of India, through the Income Tax Department, has introduced an online facility for instant PAN cards. Here, you will learn how to get an instant PAN card application done as quickly as possible.
What is an Instant PAN Card?
An instant PAN is actually a PAN generated on the line through their Aadhaar number. Users can apply for an e-PAN without any cost. The process does not require paper, and within a few minutes, they can download their PAN card. This process provides an immediate solution for people who need a PAN card.
Benefits of PAN Card
- A PAN card is essential for various reasons:
- It is necessary in the preparation of income tax returns.
- It is required for expensive financial operations, such as purchasing a house or making deposits to a bank of more than 50000 Rupees.
- It can be used for identification purposes by any relevant authority.
- PAN cards are essential for investing in mutual funds, shares, and other financial instruments.
Eligibility Criteria for Instant PAN Card
Before applying for an instant PAN, ensure that you meet these requirements:
- To get OTP verification, you require an Aadhaar card with a linked mobile number.
- The Aadhaar and the particulars have to be correct and current.
- You don’t have to own a PAN card already
How do you apply for a PAN Card Online?
Step 1: Visit the Official Website
Access the website Website of the Income Tax Department e-Filing portal at www.incometax.gov.in.
Step 2: Select the Instant PAN Option
On the homepage, you will find a link labelled ‘Instant PAN through Aadhaar. ‘Click on it to access the application form.
Step 3: Enter Your Aadhaar Details
Enter your 12-digit Aadhaar number. When you agree to the declaration and terms and conditions, we will send an OTP to the registered number to confirm your account login.
Step 4: Verify Aadhaar Details
After entering OTP, confirm the information about the Aadhaar e-KYC. Make sure your name and date of birth, etc., are correct. The information that you are getting from your Aadhaar is correct.
Step 5: Download Your e-PAN
This means that once your Aadhaar details are verified, your e-PAN will be generated immediately. However, you can download it from the portal, and a soft copy will automatically be emailed to your registered account.
Mistake to Avoid During Application
The application of an instant PAN card, therefore, must be as accurate as possible. Check your name, date of birth, and mobile number that is registered with Aadhaar. Ensure that there are no discrepancies when submitting the information to avoid a hold on your application process. Also, ensure you are not linked to an Aadhaar or an existing PAN; it is unlawful to apply for multiple PAN cards, and it attracts penalties.
The benefits of the Instant PAN Facility
- Quick Processing: The PAN card is issued instantly within a few minutes.
- Paperless Application: No documentation, physical paper, or submission.
- Free of Cost: The service is free for all users, with no exceptions.
- Accessibility: The process can also be finalized from any point of the world using the Internet.
Advantages of a Digital PAN
With a digital PAN, one does not have to worry about carrying their card in physical form. It can be accessed on a smartphone, laptop, or email and is, hence, suitable for use during online transactions. Besides, it minimizes the chances of misplacing the card or damaging it since a copy can be downloaded from the Income Tax Department’s site at any time.
The Difference between e-PAN and Physical PAN
The instant PAN card service is more formal. It delivers the actual document in an electronically signed portable document format (PDF). This digital version is usually legal and has adequate functionality; however, certain users may still require a physical PAN card suitable for offline usage. For a small fee, the physical card can be purchased independently from the Income Tax Department website.
How to Reprint Your PAN Card
In case of any loss of the PAN card, the individual, therefore, has an opportunity to apply for a reprint of the same from the agha through a fee. The printed card will be shipped to the registered address.
Conclusion
The instant PAN card facility is helpful for people who need a PAN card immediately. It is as easy and swift and has no non-digital element that would lock out any one person. Thus, there would be no paperwork involved, and consequent issuance would be relatively smoother if you linked Aadhaar to the PAN application.
Don’t miss the chance to apply for the card facility mentioned today and experience the convenience of obtaining a PAN card in the blink of an eye!
FAQs about Instant PAN Card
- Is it legal to get an e-PAN under this facility?
Yes, the e-PAN generated through the instant PAN facility is as good as a regular PAN for all operational uses.
- Is it possible to obtain a PAN instantly without an Aadhaar card?
Sorry, in this facility, the Aadhaar card number, which is linked with the mobile number, is compulsory; i.e., without a valid Aadhaar card, you can avail yourself of this facility.
- What should I do if the Aadhaar linked to my mobile number has not been updated?
You have to update your Aadhaar details at an Aadhaar Seva Kendra before you apply for an instant PAN.
- Can I avail of this service if I have a PAN Number Card?
However, this service is expressly limited to those citizens who do not yet have a PAN card.
