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Everything You Want To Know About Pan Card For NRI's

Quick approval and safe payment mechanism make it much easier to process application in time at Alankit. Apply PAN number for NRI's online through a quick, easy and clean process. Our trustworthy services and highly-skilled staff makes it possible to get your PAN card application processed within the shortest possible period. We stay true to our word and make no false promises.

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Everything You Want To Know About Pan Card For NRI's

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  1. Everything you want to know about PAN Card for NRIs

  2. For lakhs of Non-resident Indians (NRIs) living in the United Kingdom, India is one of the major investment destinations. Investors from the NRI community, who are financially aware, know that it is important to have a Permanent Account Number (PAN) for engaging in any kind of high-value transaction in the country. The Income Tax Department is a government agency which issues pan card for nri and resident Indians as well as companies. The Purpose of having a PANcard A copy of the PAN card, which mentions a 10-digit alphanumeric number, serves as a unique identify proof and must be furnished when an existing or prospective NRI investor wants to do the following:

  3. Availing banking services: pan number for nri is required if he or she wants to open an NRI bank account, NRO account or NRE account, and avail loans. • Investment: An NRI who has a taxable income or who wants to engage in share trading or invest in mutual funds or immovable properties should have a valid PAN card. • Apply for visa or passport: Applying for a visa or a passport as well as securing foreign remittance is possible if NRIs have a valid PAN card.

  4. The process to apply for a PANcard The process of getting a pan number for NRI starts with filling an application form. There are two types of forms namely the Form 49A which is used by Indian citizens, and Form 49AA which is used by NRIs and individuals who are not Indian citizens. Nowadays, the manual process involving a visit to the I-T office and submitting the forms has been replaced by a fast and efficient online application procedure to get a pan card for NRI. A processing fee must also be paid online along with submission of documents for verification such as photographs, citizenship identification number, passport copy or copy of PIO card, etc. The Permanent Account Number is issued within five working days by the I-T Department and the new PAN card is dispatched to the applicant within two weeks.

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