New Delhi: Be it filing income tax returns or opening a bank account. Be it investing. There are many tasks that cannot be done without a PAN card. Therefore, it is very important to have a PAN card. Many people think that PAN cards are issued only for people above 18 years of age, but you are wrong. There is no rule regarding PAN card.

According to Section 160 of the Income Tax Act, you can also get a PAN card made for a child. The PAN card made for a child is called a "Minor PAN Card". Only the parents have the permission to use this PAN card. If you want to get a PAN card made for your child, then its online process is very easy.

Why is PAN card necessary for a child?

There are many benefits of a child having a PAN card. According to the Income Tax Department, any minor can get a PAN card. There is no rule for this. However, when the child turns 18 years old, it is necessary to get it updated. Minor PAN cards do not have signatures and photographs. Which needs to be updated later.

Benefits of Minor PAN Card

Investment: If you want your child to invest then you will need a PAN card. If you want to make your child a nominee in your investment then its importance increases in that too.

Bank Account: PAN card is required to open an account in a bank.

Earning:  If the child has any source of earning, then PAN card will be required for that also.

Process to apply online
 

Firstly search NSDL on Google and tap on the first link “Online PAN application”.

After the PAN application opens, select the type “New PAN- Indian Citizen (Form 49A)”, then select 'Individual' in the category.

Fill in the details like Full Name, DOB, Mobile Number and Email ID in the Applicant Information below.

Now fill the captcha and submit it.

A token number will appear in front of you. Note it down and click on “Continue with PAN Application Form”.

Now select number 3 “Forward application documents physically”.

Enter the last 4 digits of the Aadhaar card and the name and check the information already filled. Many new details will also have to be filled here.

After this click next. Here it will be your turn to submit parent details, income details and documents.

Once all these steps are completed, finally the option to submit will come. A fee of Rs 107 is charged for this.

"After the verification is complete, you will be able to download the PAN card online. It takes at least 15 days for the PAN card to be made."

List of required documents

Aadhar card

Ration Card

Post Office Passbook

Domicile Certificate