Most people know how important a PAN card is. Whether it is to open a bank account or to file ITR, you need a PAN card. But do you know that PAN cards are also made for children?
Most people know how important a PAN card is. Whether it is to open a bank account or to file ITR, you need a PAN card. But do you know that PAN cards are also made for children? Now the question is, what is the use of children’s PAN card and how is it made? Which documents are required? Let’s know the answers to all these questions.
No age has been fixed by the Income Tax Department for making a PAN card. PAN cards are also made for children. However, children cannot apply for it themselves, their parents have to apply.
When do children need a PAN card
If you are investing in the name of your child or making your child the nominee of your investment, then the child’s PAN card has to be made. On the other hand, if you want to open a bank account in the name of the child or your child also earns money in some way (like acting, YouTube), then you will need to get his PAN card made.
How to get a child’s PAN card made?
- To get a child’s PAN card made, you first have to go to the NSDL website.
- There you have to fill Form 49A. To fill Form 49A, read all the instructions carefully and fill all the personal information by choosing the right category.
- After this, upload the necessary documents including the child’s birth certificate and parents’ photo.
- Apart from this, you will need to upload the signature of the child’s parents and also pay a fee of about Rs 100, after which you will be able to submit the form.
- Then you will get a receipt number, which you can use to check the status of the application.
- After applying for a PAN card, you will get a mail. The PAN card will be made and sent to you within 15 days of its verification.
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