Pan Card

Your PAN Card is a vital document for most financial transactions in India.

A PAN Card is one of the most important financial as well as identification documents for Indian citizens.

Previously, a PAN card was an essential document for opening a bank account.

A PAN card is an important identity document in India. Apart from serving as a photo identity proof, it is necessary to perform financial transitions, undertake banking activities, and also file Income Tax returns.

Yes, the PAN card is mandatory for LRS. On June 2019, the RBI made norms under the liberalized remittance scheme stricter by making the Permanent Account Number (PAN) compulsory even for transactions under $25,000.

Check The Validity Of Your PAN Card With The Following Steps

Yes, you can very much get a loan without a PAN card.  PAN card is, of course, a necessary document while applying for loans. PAN card allows lenders to determine your financial status, repayment capacity and any kind of defaults in the past. 

The PAN card is an important document in India. It is issued by the income tax department and serves as an identity proof.