Permanent Account Number (PAN) is a 10-digit alphanumeric ID issued by the Income Tax Department for any businessman or employee. It is very important for financial transactions. These include filing Income Tax Returns (ITR), opening bank accounts, and investing in the stock market, which are not possible without a PAN card. Having a PAN card is necessary for many financial activities.
If someone needs a PAN card urgently and does not have it, they can get it in just a few minutes using the e-PAN facility. Let’s see how a person can apply for it.
How to Get an Instant PAN Card Online
Users can apply for a PAN card instantly using their Aadhaar. The steps are very simple. Here is the process:
Step-by-Step Guide
Step 1: Go to the official Income Tax e-filing website (www.incometax.gov.in) and click on the ‘Instant e-PAN’ option in the Quick Links section.
Step 2: Select the ‘Get New PAN’ option to continue. Enter your Aadhaar number, check the announcement box, and click ‘Continue’.
Step 3: An OTP will be sent to your registered mobile number. Enter the OTP and click ‘Validate Aadhaar OTP and Continue’.
Step 4: Accept all the terms and conditions by clicking the ‘Continue’ option.
Step 5: Enter the OTP again, check the confirmation box, and click ‘Continue’.
Step 6: If your email ID is not verified, click ‘Validate Email ID’, check the box, and proceed.
The process may take some time to complete. Once done, users will receive their e-PAN. With this e-PAN, you can open a bank account, invest in the stock market, and do other financial transactions. Make sure to read the necessary terms and conditions before using the e-PAN.