INSTANT PAN THROUGH AADHAAR BASED E-KYC

May 29, 2020

The Union Finance Minister formally launched a facility for instant allotment of online PAN (permanent account number) card (on near to real time basis) on furnishing of Aadhaar details.

About:

  • This facility is now available for those PAN applicants who possess a valid Aadhaar number and have a mobile number registered with Aadhaar. The allotment process is paperless and an electronic PAN (e-PAN) is issued to the applicants free of cost.

  • In the Union Budget, 2020, Finance Minister had announced that in order to ease the process of allotment of PAN, she will soon launch a system under which PAN shall be instantly allotted online on the basis of Aadhaar without any requirement for filling up of detailed application form.”