The country’s largest bank, State Bank of India (SBI), has sent out a notice to its customers. Customers have been notified that they must link their PAN with their Aadhaar card before the end of the month. The bank went on to say that if people don’t, they’ll have a hard time getting a smooth banking experience.
“To avoid any delay and continue to enjoy a seamless banking experience, we advise our customers to link their PAN with Aadhaar,” SBI tweeted.
We advise our customers to link their PAN with Aadhaar to avoid any inconvenience and continue enjoying a seamless banking service.#ImportantNotice #AadhaarLinking #Pancard #AadhaarCard pic.twitter.com/bVGDbbYajX
— State Bank of India (@TheOfficialSBI) September 10, 2021
PANs that are not seeded with Aadhaar by the deadline would be regarded invalid, according to the lender.
The tweet goes on to say that connecting your PAN to your Aadhaar is required. If PAN and Aadhaar are not linked, PAN would become inactive and will be unable to be quoted for specific transactions.
The National Stock Exchange (NSE) has also requested that Aadhar-PAN connection be completed by the end of the month. PANs that have not been seeded with Aadhaar by the deadline would be regarded invalid for stock market transactions, according to the stock exchange.
How to connect your PAN to your Aadhaar card:
Go to the e-filing website of the Internal Revenue Service.
Select the Aadhaar Link section.
Now you must provide your PAN, Aadhaar, and name.
Your PAN Aadhaar Linking will be completed once you click the ‘Link Aadhaar’ option.
The income tax agency will cross-check your name, date of birth, and gender against your Aadhaar information before linking your accounts.