Pan Card: Do you know the meaning of your PAN number?

PAN card is one of the important documents. Use of PAN card is required for financial transactions. You must have seen a 10 digit number on your PAN card. It has all kinds of information.

The information in these numbers is tracked by the Income Tax Department. Keeping this in mind the department issues PAN card to every individual. However, very few people understand or recognize the numbers written on the PAN card. What is the meaning of the alphanumeric number we have written on your PAN card?

The name and date of birth of the cardholder is written on the PAN card. But the PAN card number also contains your surname. The fifth digit of PAN card represents your surname.

The Income Tax Department records only the surname of the cardholder in its data. That is why the account number has its information. The tax department does not provide this information to the cardholder.

PAN card number is a unique 10 digit number, which comes in the form of a laminated card. Income tax department issues it to people who apply for PAN card. After the PAN card is created, all the financial transactions of the person are linked to the PAN card of the department.

The first three digits of this number are English letters. These can be anything from AAA to ZZZ. They are decided according to the ongoing series. The department decides it according to us. The fourth digit of PAN number is also a letter. But it tells the status of the cardholder.

In this the fourth digit can be any of the following. P - Single Person, F - Firm, C - Company, A - Association of Persons, T - Trust, H - Hindu Undivided Family, B - Body of Individual, L - Local, J - Artificial Judicial Person, G - For Govt.

The fifth digit of PAN card is an English letter. It is the first letter of your last name. After this there are four numbers in PAN card. It can be anything from 0001 to 9999.

Your PAN card numbers show the series. Its last digit is an alphabet, which can be any letter. Meanwhile, PAN card is required for financial transactions. Even if you change your address, PAN card number does not change. PAN Card is also in the form of an ID