How to Open a Bank Account Without a PAN Card in India

Opening a bank account is essential to manage finances, receiving salaries, and conducting transactions. While a PAN card is commonly required, many people wonder if it is possible to open bank account without PAN card. 

Although documents like an Aadhaar card, birth certificate, and PAN card are typically needed, banks offer alternatives for those who do not have a PAN. Under specific conditions, you can open a bank account without PAN card. 

In this blog, we will walk you through a step-by-step process to open a bank account without a PAN card.

Open Bank Account Without PAN Card Online: Step-by-Step Guide 

You can easily open bank account without PAN card online by following the steps given below: 

• Step 1: Search for the bank website where you want to open your account.
• Step 2: The next step is choosing the type of account. In most cases, you can go for a Basic Savings Bank Deposit (BSBD) account or a regular savings account that allows alternative documentation.
• Step 3: Enter the necessary information such as your name, personal details and contact number. 
• Step 4: As proof of identity and domicile, submit other documents such as a passport, Aadhaar card, or voter ID card. 
• Step 5: For online bank account opening without PAN card, you need to fill up Form 60 and submit it. It is a declaration that you do not have a PAN card. 
• Step 6: Complete the Aadhar-based eKYC process. This will verify your identity. 
• Step 7: On completing the steps given above, your account will be verified and activated. 

Steps to Open an Account Without PAN Card Offline

You can also open a bank account by visiting your bank branch without a PAN card. Follow the below steps to do so:

• Step 1: Go to your nearest bank branch. 

• Step 2: Ask the bank representatives for the Basic Savings Bank Account opening form. They will suggest all the documents required for doing so. 

• Step 3: Submit the form along with the necessary documents and passport-size photos. 

• Step 4: The bank will reach out to you when your account is activated. 

Eligibility Criteria for Opening a Bank Account Without PAN Card

To open  bank account without PAN card online or offline, you need to check whether you are eligible: 

• Individuals below the income threshold.
• Minors
• Students, especially those without taxable income.
• Individuals with limited income or those who do not have to file tax returns.
• Individuals who want to open a BSBD (Basic Savings Bank Deposit) Account.

Apart from the above requirements, there are general requirements to be eligible to open a bank account. To open a bank account: 

• Must be a citizen of India.
• Must be aged 18, or above.
• Furnish a valid ID, and address or documents. 

What Documents Do You Need to Open an Account Without a PAN Card?

To facilitate online bank account opening without a PAN card, you will require the following documents:

• Aadhar Card
• Voter ID Card
• Passport 
• Driving License
• Form 60: This form declares that you do not hold a PAN Card but you meet all the financial requirements.
• Utility Bills

Final Thoughts 

It is indeed possible to open bank account without PAN card, but certain restrictions and limitations will be present. Apply for a PAN card soon after opening the account to enjoy full banking services without limitations. Additionally, always make sure to review the specific policies of the bank you are applying to, as requirements may vary slightly from one institution to another.

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