is pan card mandatory for opening bank account

No, a PAN card is not mandatory for all bank accounts, but it is for most standard or regular savings accounts.

• For a Basic Savings Bank Deposit Account (BSBDA) or 'Small Account', you can open it without a PAN by submitting Form 60.
• However, these small accounts typically have restrictions on deposit limits and available services.
• A PAN card becomes compulsory for high-value transactions or if you wish to upgrade to a full, regular savings account.