Pan Card

is pan card required for bank account

A PAN card is not strictly mandatory to open all types of bank accounts in India.
  • You can open a Basic Savings Account or a Small Account by providing alternative identity and address proof documents, such as an Aadhaar card or Voter ID.
  • If you do not have a PAN, you may be required to submit Form 60.
  • These accounts often have restrictions on transaction limits and overall balance.
  • A PAN card is required later to convert the small account into a full, regular savings account for unrestricted use.

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