PAN card refers to a Permanent Account Number card. This is useful for various purposes like opening bank accounts, filing income tax returns, apply for a passport and many more.
Earlier you were required to fill a form and submit the documents in a PAN card application centre and after the form is filled it could take up to 15 days.
Now the Income Tax department has launched the online way of getting an instant e-PAN. e-PAN is a digitally signed PAN card issued in electronic format by the I-T department.
This e-PAN will be valid everywhere as we told you it will be digitally signed so you do not need to worry about your pan card getting photoshopped to be misused or anything like that.
If someone wants to apply for an e-PAN then he/she needs to have a valid Aadhaar number or digital signature.
You can apply for an e-PAN by going to this link. Click here.
The applicants don't need to submit a physical copy of their documents or the application form but instead, everything is done online via Aadhaar-based e-Signature or digital signature.
The Aadhar card needs to be updated with your mobile number because to conduct the e-KYC an OTP is sent to the mobile number which is registered with the Aadhar card.
e-PAN uses the information available in the Aadhaar card database but the applicant needs to upload an image of his/her's signature and a recent photograph following the set of rules mentioned on the website.
The data in the Aadhar database needs to be proper else in case of any mismatch the e-PAN card can get rejected.
If the applicant needs only the e-PAN then the charges are Rs. 66/- but if he also wants the PAN card physically then the applicant needs to pay Rs. 107/- and the PAN card will be delivered to the applicant's address.
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