Yes, OCI (Overseas Citizen of India) cardholders can apply for a PAN (Permanent Account Number) card in India.
What is a PAN Card?
A PAN card is a unique 10-digit alphanumeric number issued by the Income Tax Department of India. It’s used for:
- Filing taxes in India
- Opening bank accounts
- Investing in mutual funds or the stock market
- Buying/selling property
It is mandatory for many financial transactions in India, even if you are not an Indian citizen.
Can OCI Holders Apply for a PAN Card?
Yes, according to Indian government guidelines, OCI cardholders are eligible to apply for a PAN card as long as they need to:
- Conduct financial transactions in India
- File income tax returns
- Open bank accounts, demat accounts, or invest in real estate
Advertisement:
🎉 Scan & Compare the best deals on ✈️ Flights, 🏨 Hotels, and 🚘 Car rentals from thousands of travel providers — all in one place!💰 Find the lowest fares and book smarter.👉 Use our Travel Scanner Tool to compare and save on travel tickets.
👉Visit www.walletflights.com
Documents Required for PAN Application by OCI Holders
Here are the key documents you'll need when applying as an OCI cardholder:
Proof of Identity
- Valid OCI card
- Passport (foreign)
Proof of Address
- Indian address (if available), or
- Foreign address (accepted with proper documentation like bank statement, utility bill, etc.)
Photograph
- Recent passport-size photo (usually 2 required)
Date of Birth Proof
- Passport is generally sufficient
How to Apply for a PAN Card as an OCI
You can apply online or offline through the following portals:
1. NSDL (Protean eGov)
Website: https://tin.tin.nsdl.com
2. UTIITSL
Website: https://www.pan.utiitsl.com
Application Form:
- Use Form 49AA (for individuals who are not Indian citizens)
Fees for OCI PAN Card Application
- For communication address in India: ₹107
- For foreign address: ₹1,017 (includes dispatch charges)
Fees may vary slightly depending on the provider (NSDL or UTIITSL).
How Long Does It Take?
Once submitted with all required documents:
- Processing time is usually 15–20 business days
- PAN card is sent to your Indian or overseas address
Do You Need an Indian Address?
No, you don’t need to have an Indian address to apply. Your foreign address is acceptable, but be sure to select that option while applying and provide correct supporting documents.
Read more:- What is PAN 2.0? Features & How to Apply Online
Can You Apply While Outside India?
Yes, OCI holders can apply for a PAN card from abroad, but:
- Documents must be self-attested
- In some cases, you may need to get them apostilled or notarized, depending on your country
Conclusion
If you're an OCI cardholder and plan to carry out any financial activity in India, applying for a PAN card is not only possible but often necessary. The process is relatively straightforward, and both
Read more on this Blog
Read more:- OCI Overseas Citizen of India card holder restrictions for NRI
Read more:- What is the Difference Between OCI and PIO in India?
Read more: - How to Apply for an OCI Card in the UK
Read more : -Planning to surrender Indian passports for your family Can One Person Submit on Behalf of the Entire Family?
OCI card PAN application
PAN card for OCI holders
How to apply PAN card OCI
PAN card eligibility OCI
OCI PAN card documents
PAN card for Overseas Citizen of India
Apply PAN card from abroad OCI
Form 49AA PAN application
PAN card fees for OCI holdersonline and offline options are available. Just make sure you select the correct form (49AA) and have the necessary documents ready.
إرسال تعليق