Link PAN Card with Bank Account in a Few Steps

In today’s digital age, linking your PAN (Permanent Account Number) card with your bank account has become an essential requirement. It not only helps streamline your financial transactions but also ensures compliance with regulatory norms. In this guide, we’ll walk you through the simple steps to link PAN card with your bank account using various methods, including online, SMS, and offline.

Reasons to Link PAN Card with Bank Account

Here are five concise reasons why adding your PAN card to bank account is important:

Tax Compliance: It helps authorities track financial transactions for tax purposes, ensuring compliance and transparency.

Income Tax Returns (ITR) Filing: PAN is mandatory for filing tax returns, simplifying the process and reducing discrepancies.

Monitoring Large Transactions: It aids in monitoring high-value transactions to prevent illegal activities like money laundering.

Opening Investment Accounts: Required for opening Demat and trading accounts, facilitating investment in stocks and mutual funds.

Availing Financial Services: Necessary for various banking services, loans, credit cards, and investments, enhancing eligibility and streamlining processes.

Online Method

Visit Bank’s Website: Start by logging in to your bank’s official website using your internet browser.

Navigate to PAN Linking Section: Look for the option to link your PAN card with your bank account. This section may be located under the ‘Services’ or ‘Profile’ tab.

Enter Details: Once you’ve found the PAN linking section, you’ll need to enter your PAN card number, bank account number, and any other information requested by the bank.

Submit Documents (if necessary): Some banks may require you to upload a scanned copy of your PAN card for verification purposes. Follow the instructions provided by your bank to upload the document securely.

Authenticate: After entering the required details, you’ll need to authenticate the linking process. This may involve receiving an OTP (One Time Password) on your registered mobile number or email. Enter the OTP as prompted to proceed.

Confirmation: Once the linking process is complete, you should receive a confirmation message on the screen and via email/SMS. Your PAN card is now successfully linked to your bank account.

Recommended: Update/Correct PAN Card Details Online

SMS Method

Open Messaging App: Launch the messaging app on your mobile phone.

Compose New Message: Tap on the option to compose a new message.

Type Message: In the message body, type “UIDAI <space> <PAN> <space> <Bank A/c number>” (without quotes). Replace “<PAN>” with your PAN card number and “<Bank A/c number>” with your bank account number.

Send Message: Send the message to the designated number provided by your bank for PAN linking.

Confirmation: After sending the message, you should receive a confirmation SMS once the linking process is successful. This confirms that your PAN card is now linked to your bank account.

Offline Method

Visit Bank Branch: Make a visit to your bank’s nearest branch during working hours.

Fill PAN Linking Form: Ask the bank staff for a PAN linking form.

Provide Details: Fill in the required details such as your PAN card number and bank account number in the form accurately.

Submit Form: Hand over the filled form along with a photocopy of your PAN card to the bank staff.

Verification: The bank staff will verify the details provided in the form and may ask to see your original PAN card for verification purposes.

Confirmation: Once the verification process is complete, you will receive a confirmation either immediately from the bank staff or through email/SMS. Your PAN card is now successfully linked to your bank account.

Also Read: Why should you open an Airtel Payments Bank Savings Account

Conclusion

Linking your PAN card with your bank account is a straightforward process that can be completed using various methods, including online, SMS, and offline.

If you are an Airtel customer, then you can conveniently use the Airtel Thanks App to make UPI payments, pay various utility bills, and recharge your postpaid and prepaid phone and broadband.