How Green Is Your 10 Reasons Why Pan Card Is Important In Baroda?

Importance of PAN Card in Baroda

PAN card i.e. permanent account number is provided by Income tax department to every income tax payer. But do you know that Pan Card Service in Baroda is compulsory and required by following authorities while doing financial transactions with them:

While opening a new bank account

It is must to produce a photocopy of PAN card while applying for a new bank account be it public/private/co-operative or other banks. However in the recently started financial inclusion program – Pradhan Mantri Jan Dhan Yojana (PMJDY), PAN card was not required by participating banks. Check out PMJDY benefits.

Applying for credit or debit card

Quoting your Pan Card Service in Baroda is must when applying for debit or credit card. Not submitting this will straight away result in application getting rejected. Credit card application rejection can cause problem in getting loan, credit card etc. in future and impact your credit score. Check out how to reasons of poor credit score.

Insurance payment

CBDT has mandated insurance policy holder to furnish PAN details while making any premium Payment to insurance companies for amount exceeding Rs. 50,000 in a year.

Purchase or sell of vehicle

If you are planning to buy or sell vehicle whose cost is greater than Rs. 5,00,000 then submitting a copy of PAN card is compulsory.

Buying or selling property (immovable asset)

Any property transaction for amount exceeding Rs. 5 Lacs requires this number to be mentioned in the property document. Buying or selling is impossible if you do not have this. In case, it is a joint property then Pan Card Service in Baroda details of each person is required.

Jewellery purchase

High value jewellery purchase for amount greater than Rs.5,00,000 (5 Lacs) requires buyer to provide PAN number.

Fixed or cash deposit

Opening a fixed deposit account or cash deposit for amount greater than Rs. 50,000 at any bank requires the permanent account number. Failure to submit the same would result in TDS getting deducted at 20% if the interest amount of FD account exceeds Rs. 10,000 which is higher than the current 10%.

 New telephone connection

All telecom companies have been mandated by Government of India to get PAN details of each applicant for normal or cellular connection to keep a tab on terrorism, extortion charges etc.

Investing in securities

Transactions exceeding Rs.50,000 for equities/mutual fund/debentures/bonds require investor’s PAN card.

Opening account at broker

For trading in share market, you need to open account with a share broker for which submitting PAN details is mandatory. Failure to provide this will result in rejection of your application.

Rely on Holaa PAN Card Services

If you are struggling to procure Pan Card Service in Baroda, short of time, Holaa offers you a reliable medium. From the premises of your home or office, you can call on their 24X7 Customer Care Number – 7201072010. Believe me; they will ‘WoW’ you with their customer centric service. You wouldn’t repent, using their service. In fact, you would feel, you took the right decision.

The Ultimate Guide to Obtaining A Pan Card Agent in Baroda Isn’t That Tough

Let’s first understand in brief, what’s PAN Card (Permanent Account Number) before we start sharing more information about the critical document, which is widely used in India. Speaking in plain language, PAN is a ten digit alphabetical number allotted to an individual by the Income Tax Department. It’s a mandatory requirement for filing your income tax.

Is it tough to obtain a PAN Card?

Is it really tough to obtain a Pan Card Agent in Baroda? Does it involve tedious process? Do I have to run from one office to another to obtain a PAN Card?

All these and many more misconceptions about obtaining a Pan Card Agent in Baroda are absolutely false. These are all fabricated perceptions. The truth is there are a few documents developed by the Govt. of India, which are hassle free, simple to obtain, PAN Card is one among them. Sounds impressive, but it’s absolutely true.

Documents Required to Obtaining a PAN Card

The department of Income Tax, Govt. of India has marked down couple of documents to obtain a Pan Card Agent in Baroda. These are:

• Proof of Identity.
• Proof of Address.
• Proof of Date of Birth.

Proof of Identity

As per the department of Income Tax, the following documents are accepted for proof of identity:

• Adhere Card issued by the Unique Identification Authority of India.
• Voter’s photo identity card.
• Driving License.
• Passport.
• Ration card having photograph of the applicant.
• Arm’s license.
• Photo identity card issued by the Central Government or State Government or Public Sector Undertaking.
• Pensioner card having photograph of the applicant.
• Central Government Health Scheme Card or Ex-Servicemen Contributory Health Scheme photo card.
• Certificate of identity in Original signed by a Member of Parliament or Member of Legislative Assembly or Municipal Councilor or a Gazetted officer, as the case may be (in prescribed format).
• Bank certificate in Original on letter head from the branch (along with name and stamp of the issuing officer) containing duly attested photograph and bank account number of the applicant (in prescribed format).

Proof of Date of Birth

• Aadhaar Card issued by the Unique Identification Authority of India.
• Voter’s photo identity card.
• Driving License.
• Passport.
• Matriculation certificate or Mark sheet of recognized board.
• Birth certificate issued by the municipal authority or any office authorized to issue birth and death certificate.
• Photo identity card issued by the Central Government or State Government or Central Public Sector Undertaking or State Public Sector Undertaking.
• Domicile certificate issued by the Government.
• Central Government Health Service Scheme photo card or Ex-servicemen Contributory Health Scheme photo card.
• Pension payment order.
• Marriage certificate issued by the Registrar of Marriages.
• Affidavit sworn before a magistrate stating the date of birth.

Process to Obtain a PAN Card

What you have to do is – simply access the IT department’s portal, go to apply button, read the instructions carefully and complete the process. There’s nothing, which comprises hassle or tedious process. Don’t you think, unnecessary, we you were scared! Now shed this fear!

Call Holaa PAN Card Services

In case, you are looking for a Pan Card Agent in Baroda, you can rely on Holaa. Call at 7201072010 to obtain your PAN Card. What’s laudable about them is – their Call Centre operates 24X7.