PAN Card verification

In today’s digital world, verifying your PAN Card has become essential for seamless financial transactions and compliance with government regulations.

PAN Card verification helps ensure your identity is authentic and that authorities accurately track your financial activities. Whether you’re applying for a loan, filing taxes, or investing, understanding how to verify your PAN Card correctly can save you from fraud and unnecessary hassles.

Here is detailed information on how to verify the PAN Card and more.

What is PAN Card verification?

PAN Card verification means checking if the information on your PAN Card matches government records.

A Permanent Account Number (PAN) is a 10-character code of letters and numbers issued by the Income Tax Department of India. This card tracks financial activities like paying taxes, opening bank accounts, or taking loans.

PAN Card verification ensures no one else uses your details and helps banks or companies trust you. It is key for buying property, getting a job, or investing. This simple check protects your identity, prevents fraud, and keeps your financial actions legal and secure.

Types of PAN Card verification

• Through portals: The Income Tax Department's e-filing portal and NSDL website offer free verification services where you can validate by entering your PAN and personal details.
• Bulk verification services: Organisations that need to verify multiple PANs can opt for bulk verification services offered by NSDL through API integration at a nominal fee of ₹2.50 per verification.
• Aadhaar-based verification: This involves linking and verifying your PAN with Aadhaar details, ensuring both documents contain matching personal information.
• Through financial institutions: Many banks and financial institutions now offer PAN verification services as part of their KYC processes, making it convenient for you to validate your PAN while availing of financial services.
• Form 60 verification: This process checks if an individual who has submitted Form 60 (for those without PAN) has a PAN allocated to prevent misrepresentation.

Verify PAN status online using your name and DOB

• Visit the Income Tax Department e-filing portal
• Go to the 'Quick Links' and select 'Verify Your PAN' under PAN services.
• Enter the PAN, captcha code, and click 'Submit'.
• Enter your name and date of birth exactly as on the PAN Card.
• If the details match, the system shows your PAN, name, and status as 'Valid'.

Online PAN verification on the Income Tax portal is limited to 10 daily searches per IP address. Alternatively, use the NSDL website; here is how:

• Go to the NSDL PAN verification webpage.
• Select the appropriate category (individual or non-individual).
• Enter the 10-digit PAN and submit.
• Provide the name and date of birth as printed on the PAN Card.
• Enter the captcha code and click 'Submit'.

Verification of applicability under Section 194N

Section 194N of the Income Tax Act covers tax deducted at source (TDS) on large cash withdrawals from bank or post office accounts.

For instance, if you withdraw over ₹20 lakhs in cash in a year, the bank must check if you have filed Income Tax returns for the past 3 years. If not, they charge 2% TDS on the amount above ₹20 lakhs and 5% if withdrawals exceed ₹1 crore.

Banks use a government portal to verify your PAN details and apply tax accordingly. This ensures everyone follows tax rules properly and discourages large cash transactions without proper reporting.

What is UTIITSL, and how to verify the PAN Card issued by the company?

UTI Infrastructure Technology and Services Limited (UTIITSL) is one of the two authorised service providers appointed by the Income Tax Department to issue PAN Cards in India, alongside NSDL e-Governance Infrastructure Limited.

UTIITSL has established a comprehensive network for PAN Card services throughout the country. To verify the PAN Card issued by UTIITSL:

1. Visit the official UTIITSL website https://www.utiitsl.com/.

2. Navigate to 'PAN Services' and select 'Verify PAN'.

3. Enter your 10-digit PAN.

4. Provide details such as your name and date of birth, as mentioned on the PAN Card.

5. Complete the captcha verification and submit.

6. The system will display the verification status, indicating whether the PAN is valid and matches the provided details.

UTIITSL also offers a dedicated customer service helpline for resolving queries related to PAN Card verification and other PAN-related services.

PAN verification by Aadhaar

1. Visit the official Income Tax Department portal incometax.gov.in.

2. Navigate to 'Quick Links' and select 'Link Aadhaar'.

3. Enter your PAN and Aadhaar number.

4. The system automatically verifies if the details in both documents match.

5. If the verification is successful, it confirms that your PAN is valid and correctly linked to your Aadhaar.

This method of how to verify PAN Card is particularly useful for ensuring that both your crucial identity documents contain consistent information. It also helps in fulfilling the regulatory requirement of PAN-Aadhaar linking, which is essential for filing Income Tax returns and conducting various financial transactions.

Eligibility for PAN verification

Details required to register for online PAN verification

1. Organisation details: Complete name, address, and registration number of the organisation.

2. Authorised signatory information: Name, designation, and contact details of the person authorised to register for the service.

3. PAN of the organisation: The organisation's valid PAN is required for registration.

4. Email ID and mobile number: For communication and authentication purposes.

5. Payment information: Details for processing the registration fee, typically through online payment methods.

6. Purpose of verification: Declaration of the specific purpose for which PAN verification services are being sought.

7. Volume estimate: The number of verifications required monthly or annually to determine the appropriate service plan.

Individual users seeking to verify a PAN Card through official portals don't need formal registration but require their PAN and personal details for the verification process.

Documents for online PAN verification

1. For individual verification through official portals:

• PAN Card details (10-digit alphanumeric number)
• Full name as printed on the PAN Card
• Date of birth as mentioned on the PAN Card

2. For Aadhaar-based verification:

• PAN details
• 12-digit Aadhaar number
• Name and date of birth as mentioned on both documents

3. For organisational registration with NSDL for bulk verification:

• The organisation's PAN Card copy
• Certificate of incorporation or registration
• Address proof of the organisation.
• Identity proof of the authorised signatory
• Letter of authorisation on company letterhead
• Signed service agreement
• Payment confirmation for registration fees

4. For verification through financial institutions:

• Original PAN Card for physical verification
• Self-attested copy of the PAN Card
• Additional KYC documents as required by the specific institution
• Application form for PAN verification as prescribed by the institution

Conclusion

PAN Card verification has evolved into a fast, digital service accessible through various channels, improving financial transactions and fraud prevention. Methods like government portals, Aadhaar-based, and bulk C meet diverse needs while protecting personal data.

As digital finance grows, verifying PAN becomes increasingly important, making it essential for individuals and organisations to understand the methods, requirements, and benefits of PAN verification.

Looking for convenient banking solutions while managing their verified PAN-linked accounts? The Axis Bank Easy Access Digital Savings Account offers secure banking with verified PAN integration. You can also enjoy benefits like ₹40,000 debit withdrawal and ₹1 lakh shopping limits, two Debit Cards, ₹50,000 buyer insurance, and a ₹500 shopping voucher on the first debit card use.

Frequently Asked Questions

What are the annual registration charges for availing of online PAN verification?

For bulk PAN verification services through NSDL, organisations are charged approximately ₹2.50 per verification. The annual registration fee varies based on the volume of verifications required, with different service plans available to suit various organisational needs.

How do I verify PAN using the PAN?

To verify your PAN Card using the PAN, visit the Income Tax Department's e-filing portal or NSDL website and enter the 10-digit PAN. Provide your name exactly as on the PAN Card, complete the captcha verification, and submit. The system will display the verification status immediately.

Disclaimer: This article is intended solely for informational purposes. The views expressed in this article are personal. Axis Bank and/or the author shall not be liable for any direct or indirect loss or liability incurred by the reader arising from reliance on the content herein. Readers are advised to consult a qualified financial advisor before making any financial decisions. Axis Bank does not endorse or guarantee the accuracy of any third-party content or links included in this article.