Hello Dimers,
I heard of e-pan card that generated instantly with Aadhar card number. I read about it and found that it is valid every where.
request you to please elaborate more about it cons as I was unable to find that or any specific thing that need to be consider with E-Pan card.
Banks wont allow that. Simply because you will be submitted printed copy everywhere and with printed copy you cannot confirm the genuineness of the same. Original PAN has a hologram ( or something like that ) Hence it can be trusted. But e-pan cannot be valid if using printed copies, only digitally sent Like- by email or uploading ... will be valid / allowed
maintain both, submit whichever is allowed there, simple.
After Having E-Pan Card... If U Want Printed Plastic Card U Have To Pay Around 100rs...
Although E-Pan is valid for all purposes in banks, ITR, property registration etc, some Institutions like banks might ask you to show your physical pan card so as to avoid fraudulent activities for opening accounts, loan application etc. It is best to have both - e-pan & physical pan card.
Just convert your e-pan to physical pan from this link below and you'll receive it by courier within a week or two at max.
Note there might be a fee that needs to be paid.
E-pan is technically valid. But banks ask for original pan when doing kyc. So,
If your intention is to just get a pan number to use for opening demat accounts etc., go with epan. I got an epan first, I then got it printed(it was a nightmare getting the delivery!). after a few months since the banks needed it.
@gischethans @saurabh1 Correct! Edited the post to include NSDL link
Can we use Aadhar card as POI and POA (single document at both places) during physical pan card application process?
Banks wont allow that. Simply because you will be submitted printed copy everywhere and with printed copy you cannot confirm the genuineness of the same. Original PAN has a hologram ( or something like that ) Hence it can be trusted. But e-pan cannot be valid if using printed copies, only digitally sent Like- by email or uploading ... will be valid / allowed
@gischethans @saurabh1 Correct! Edited the post to include NSDL link