Although a common misconception is that PAN cards are just for adults, children who are younger than 18 are also eligible to obtain their own PAN cards. Their parents or legal guardians can assist them in obtaining this important paperwork. This comprehensive guide explains when kids might require a PAN card and walks you through the application procedure.
When Do Children Need a PAN Card?
- Investing in the Child’s Name: A PAN card is required if parents are investing in their child’s name.
- Nominee for Investments: A child needs a PAN card to be designated as a nominee for any investments.
- Opening a Bank Account: To open a bank account for a child, you must have a PAN card.
- Minor’s Earnings: A PAN card is necessary for financial and tax purposes if the youngster has an income source.
How to Submit a Child’s PAN Card Application
A minor’s PAN card must be applied for by parents or legal guardians. You can finish the procedure offline or online.
Online Application Procedure
- Go to the NSDL Website: To begin, go to the NSDL website.
- Fill Out Form 49A: Select the appropriate category and fill out Form 49A with accurate personal information.
- Upload Documents: Upload the parents’ pictures, the child’s proof of age, and any other required paperwork.
- Parent’s Signature: The form just requires the parent’s signature.
- Pay the cost: To complete the application, a cost of Rs 107 is required.
- Track Application: Following submission, a receipt number will be given so that the status of the application may be monitored.
- Verification and Delivery: The PAN card will be mailed in 15 days following verification.
Offline Application Process
- Download Form 49A: Go to the official website, download the form, and complete it.
- Attach Documents: Enclose the required paperwork along with two pictures of the child.
- Submit at NSDL Office: Bring the form and the required payment to the NSDL office that is closest to you.
- Verification and Delivery: The PAN card will be delivered to the specified address upon verification.
Documents Needed to Apply for a PAN Card
- Proof of Parent’s Address and Identity: Aadhaar cards, ration cards, passports, driver’s licenses, voter IDs, etc.
- Child’s Address and Identity Proof: Documents such as an Aadhaar card, a post office passbook, property registration paperwork, or a domicile certificate might serve as proof of the child’s address and identity.