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What is the Full Form of PAN ?

PAN – Permanent Account Number

Permanent Account Number is unique ten-digit alphanumeric combination issued by the Income Tax Department in India, in form of a Card, under the Indian Income Tax Act 1961. It is also mandatory to quote PAN in many documents pertaining to financial transactions.

These transactions may include :-

  • For opening a bank account
  • For buying/selling shares and mutual funds
  • For buying/selling property
  • For filling an income tax return
  • For getting a loan
  • When you get a job and more

Format of a PAN Card
Permanent Account Number has the following format :
LLLLL12345L
The First five letters are alphabets, next 4 numerals, the last letter is again an alphabets
A typical PAN Card Number could be :FCDJH2365K

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