How to Link PAN Card with Punjab National Bank Account Online/Offline?
Linking your PAN (Permanent Account Number) card to your PNB (Punjab National Bank) account is essential for seamless financial transactions and compliance with regulatory requirements. It also facilitates transparency and enhances the overall security of your banking transactions.
This guide will help you learn how to link your PAN to your PNB Account using internet banking, PNB official mobile app, customer care service, or by visiting the branch.
What are the Prerequisites for Linking PAN Card?
To link your PAN (Permanent Account Number) card with various bank accounts and documents, you will need:
- PAN Card: You need to have an authentic PAN card issued by the Income Tax Department of India.
- Aadhaar Card: Often, you will also require your Aadhaar card, as the government may require linking PAN with Aadhaar for tax purposes and various financial transactions.
- Bank Account: If you're linking your PAN with your bank account, you'll need an active bank account.
- Documents for Verification: Based on the platform and process, you might require some supporting documents to complete the verification purposes. These may include ID proof, address proof, etc.
- Online Access: To link PAN online, you must have internet access and use the online platforms offered by banks or government agencies.
- Self-Service Portal: Many agencies offer self-service portals wherein you can link your PAN card with bank accounts/documents. To do this, you will need to form an account on these portals.
Make sure that you check the requirements for linking your PAN card with different entities and purposes. Also, follow the guidelines given by the relevant agencies or institutions.
Different Ways to Link PAN Card with Punjab National Bank Account
Here are some methods through which you can link your PAN card with your PNB account online:
Link PAN Card with Punjab National Bank Account via Internet Banking
Following are the steps that must be followed in order to link a Permanent Account Number card with a PNB Account online:
Step 1: Navigate to the official Internet Banking webpage of PNB and login to your account using your credentials
Step 2: Once you have logged into your Internet Banking account, click on the 'Request' button on the left side of the page.
Step 3: After this, go to the drop-down menu and click on the 'Add/ Update PAN number' option.
Step 4: Provide your PAN number correctly in the space provided and click on the ‘Continue’ option.
You will get a confirmation SMS from the bank once your PAN number is linked to the bank account.
Link PAN Card with Punjab Natinal Bank Account via Mobile Application
Follow these steps to link your PAN card with your PNB account via the mobile app:
Step 1: Download and install the PNB Mobile Banking App from the Play Store/App Store
Step 2: Open the application and log in by entering your credentials. If you are a new user, register first.
Step 3: After logging in, find the linking option for your PAN card on the webpage under ‘Settings’ in the ‘Personal Information’ section.
Step 4: After this, enter your PAN card details carefully, cross-check the information, and tap on ‘Submit’.
Step 5: After entering the details, authenticate the submission via OTP sent to your registered mobile number.
Step 6: After successful submission and authentication, you will receive a confirmation notification signifying that your PAN card is successfully linked with your PNB account.
Link PAN Card with Punjab National Bank Account via Phone Banking & IVR
Another way to link your PAN Card to your PNB account is the customer care service. Following are the steps to do so:
Step 1: Contact the Punjab National Bank customer care service (1800 1800) using your registered mobile number. Using the IVR option, you can easily communicate with the customer care executives.
Step 2: Then you have to state the purpose of communicating the customer care service as linking the PAN Card to the PNB bank account number.
Step 3: After this, the customer care executive will ask for some major details, such as date of birth, full name, address, etc., in order to confirm your identity.
Step 4: Then you have to provide the PAN Card details and request to link them to your bank account.
Step 5: The PAN Card will be linked to your bank account within 2 or 3 working days.
Once the PAN Card is successfully linked, you will receive the confirmation via SMS sent to the registered mobile number or email ID.
Link PAN Card with Punjab National Bank Offline (at Branch)
You can easily link the PAN card with your PNB account offline by following the steps mentioned below:
Step 1: Go to the PNB office, where you maintain your bank account.
Step 2: Ask for an updation form for the PAN card number.
Step 3: Fill out the form with the necessary details carefully and ensure that you fill out the details correctly.
Step 4: Double-check the form and submit it to the bank officials.
Step 5: After this, you will receive an update from the PNB once your PAN card is linked to your bank account.
Benefits of Linking PAN Card to Your Punjab National Bank Account
Mentioned below are the common advantages of linking a PAN card with a bank account:
Prevents duplication of accounts
Streamlines the process of tax filing
Ensures timely tax refunds
Ensures seamless monitoring of Income Tax
Facilitates large transactions by ensuring tight security
Ensures easy access to Government Benefits
Helps in combating black money
Helps in transferring a large amount of money conveniently
Linking PAN with a bank account ensures quick approval of loans
Facilitates the computation of the TDS
Connecting your PAN to your PNB bank account is an easy task that can be completed using Internet banking, a mobile app, customer service, or by visiting the bank physically.
Linking PAN with bank account ensures smooth financial management and tax processing. In addition, it helps you get credit approval quickly. Before you begin, ensure you have all the necessary prerequisites and carefully follow the steps per your chosen method.
FAQs about How to Link PAN Card to PNB Account
What are the consequences of failing to link a PAN card with a bank account?
Non-linking PAN cards with the bank account can cause problems in certain transactions and even an increased rate of TDS on interest. Furthermore, it may lead to issues regarding tax compliance.
What will happen when a PAN card is not linked with a PNB account even after applying?
If your PAN card is not linked with the PNB account even after applying, you must immediately report it to the customer care service or visit the branch physically.
Can a PAN card be linked with more than one bank account apart from PNB?
Yes, you can link your PAN card with several bank accounts.
Where can I check the linking status of my PAN card with my bank account?
You can easily check the link status of your PAN card with the PNB bank account by visiting the income tax E-filing website.
How much time is taken to link a PAN with a bank account?
After entering the necessary details, your PAN card and Bank Account will be linked successfully within 7 working days.
Is it possible to do KYC online for PNB?
Yes, it is possible to do KYC online for PNB via Internet banking, PNB One, or email.
Is it compulsory to link PAN Card with all PNB accounts?
When opening a PNB account, it is compulsory to have a PAN Card and link it to the bank account.
Is PAN Card mandatory for KYC?
As per the new rule of the Supreme Court, it is mandatory to have a PAN Card for new and existing accounts.
Is it safe to give PAN Card details for KYC to link it with PNB account?
Always make sure to check properly who you give your PAN details to anyone. Mostly, always give PAN Card details to official authorities and keep it protected from fraud.