Facts related to PAN Card

PAN card or permanent account number is an identification document required for tracking financial transactions; it helps in preventing tax evasion. The PAN card is connected through the bank account it remains the same even after changing the address or city. Many PAN card facilitation centers could help people in obtaining this document with ease. Most of the government schemes demand identification documents like Aadhar card and PAN card, if you want to avail of government schemes then such documents can be helpful for you.

Having a pan card can make your life easy this makes the financial transaction easy and sorted, and can be used as an identification document as well. Now banks have made it mandatory to have a pan card for opening an account. One can apply online or can visit centers that could help in getting a pan card. Though applying for a pan card is simple, but filling up the form, searching for documents needed for the proof, right procedure demand time and attention. Even the slightest mistake can put you back to square one. If you have any hesitancy then visit a pan card facilitation center near you and get your pan card without trouble, here we are sharing a few answers that people often have in their mild regarding PAN card:


 Is there any expiry date for the PAN card?


The PAN number is valid for a lifetime.


Why I need a PAN card?


PAN Card is the essential document needed for financial transactions and for tracking financial activity like depositing or withdrawing money, purchasing high price articles/land, and more. 


What is an eligibility criterion for a pan card?


An Indian citizen with a source of income can apply for a pan card. PAN card is mandatory for the taxpayer.


Can a Minor hold PAN Card?


Yes, even minors can apply and get a PAN card.


Do I need a PAN card for an open bank account?


Yes, The Reserve Bank of India (RBI) has made Aadhaar and PAN cards mandatory.


At Asuja, we understand how crucial documents like PAN and Aadhar can be for a person and business. Our team helps them in applying for such documents. 


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