Post Office PAN Card Rules: Mandatory Requirements – The government is continuously formulating various regulations regarding PAN cards, and their mandatory nature has been steadily increasing. Amidst these evolving rules, if you deposit your earnings into small savings schemes offered by the Post Office, this news will prove to be extremely useful for you.

The Central Government has significantly tightened regulations under the ‘Income-tax Rules, 2026.’ Currently, whether you are depositing money into a Post Office account or withdrawing it, the Tax Department keeps a close watch on every step of the process. The primary objective of this initiative is to ensure transparency in financial transactions and to completely curb tax evasion.

Is a PAN Card Now Mandatory for Every Rule?

Did you know that submitting a PAN card is now a mandatory requirement for almost every major financial activity undertaken at the Post Office? From opening a new account and depositing funds to making withdrawals from various schemes, it is no longer possible to proceed without a valid PAN card.

This rule applies to all popular schemes, including the NSC (National Savings Certificate), SCSS (Senior Citizens Savings Scheme), MIS (Monthly Income Scheme), and Time Deposits. Furthermore, the Department of Posts has clarified that large-value transactions will no longer be possible without proper identification. Rest assured, this measure is not expected to cause any inconvenience to customers.

What to Do If You Do Not Have a PAN Card?

Savers residing in villages or small towns may naturally be wondering what will happen in cases where an individual does not possess a PAN card. However, the government has devised a solution to accommodate such individuals as well. Previously, ‘Form 60’ was used in such instances; however, it has now been replaced by ‘Form 97.’ If you do not hold a PAN card, you must fill out Form 97 and provide your complete personal details.

Required Information: Name and Address

You must declare the exact amount of money you are depositing or withdrawing. Additionally, it is mandatory to provide the specific reason for the transaction, along with other relevant documents for identification purposes. Consequently, the Tax Department will now maintain a complete digital record of all transactions, including those conducted without a PAN card.

Forms 15G and 15H Discontinued

Significant changes have also been introduced for individuals keen on saving on their taxes. A major change introduced here is the discontinuation of the old Forms 15G and 15H. These have now been replaced by a new, unified ‘Form 121’. Previously, individuals under the age of 60 would fill out Form 15G, while senior citizens would fill out Form 15H to ensure that TDS (Tax Deducted at Source) was not deducted from their interest income. Now, regardless of age, everyone is required to fill out only Form 121.

Find out why the government has implemented these stricter measures.

For your information, the primary objective behind this entire initiative is to bring the Post Office system on par with the standard banking system. Previously, people often managed to evade the tax net by conducting cash transactions at post offices. Now, through rigorous audits and digital reporting, the government aims to maintain an account of every single penny.