You need a PAN Card for almost any financial transaction these days. If you want to invest in a mutual fund, open a savings bank account, invest in an FD or RD, invest in NPS for retirement, you need a PAN Card. What is a PAN Card? Permanent Account Number also called PAN, is your unique 10-digit alphanumeric identity, allotted to you by the income tax department.
In this article you will learn how to link PAN Card with your Bank Account.
Want to know more on FDs and savings bank accounts? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice / education to ensure that you are not mis-guided while buying any kind of financial products.
You May Also Watch:
These simple steps should help you link PAN Card with your bank account.
How to link PAN Card with Bank Account Offline?
STEP 1: Visit the bank branch where you have your bank account.
STEP 2: Ask the bank officer for the PAN updation form (KYC) and fill this form. Do not make mistakes while filling this form.
STEP 3: Submit the following documents
After the submission of the relevant documents, your PAN is linked to your Bank Account.
SEE ALSO: How To Apply For A PAN?
Link PAN Card to Bank Account through Internet Banking
STEP 1: Login to your Internet Banking Account and enter your User ID and Login Password.
STEP 2: After you login to your internet banking account, you will find "Service Requests" on the left side of the window.
STEP 3: You go to "Service Requests" and select "PAN Card Updation".
STEP 4: You then enter your PAN Card Number, DOB on your PAN Card, and also your registered email ID.
STEP 5: Your PAN Card will be linked to your bank account, within 2 working days.
See Also: how to apply pan card duplicate?
Keep your Financial Cognizance up to date with Wealth Doctor App
Link PAN Card to Bank Account through Mobile
STEP 1: Search for the toll-free number of your bank, which you will find from your bank chequebook or passbook.
STEP 2: Call the toll-free number and go through the IVR, until you are connected to the customer care executive.
STEP 3: Tell the customer care executive that you want to link PAN Card with your Bank Account.
STEP 4: The customer care executive will ask you simple questions like, what is your bank account number, your debit card number, your Address and so on, to verify its really you.
STEP 5: Give the customer care executive your PAN, and your PAN Card will be linked to your bank account within 2 working days.
See also: Types Of Cheques
Do you still think linking PAN Card with Bank Account is difficult? If you find linking PAN Card with Bank Account through mobile or internet banking a bit difficult, you can always approach the bank officer at your home branch. Be Wise, Get Rich.
The research team at IndianMoney.com comprises of certified and experienced professionals who share the company's vision to make every Indian financially literate by equipping every Indian with right and unbiased advice. IndianMoney.com research team provides newsletters, articles, videos and FAQs on various financial products and concepts only to help you make wise financial decisions.
Subscribe to our Youtube Channel
This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.