PAN Card Benefits: You cannot do this work without PAN card, know the complete details here

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PAN Card Benefits: You cannot do this work without PAN card, know the complete details here
PAN Card Benefits: You cannot do this work without PAN card, know the complete details here

PAN Card: PAN card is used for many things along with financial transactions, but there are many such benefits, which are very important for you.

PAN Card Benefits: If you do not have a PAN card then you may have to face many problems. Because there are many works which cannot be done without PAN card. Because PAN card is an important document in people’s life and it is used for financial transactions as well as for many things. From opening a bank account to withdrawing a big account, PAN card is required. Also used to file ITR and claim TDS. Apart from this, you can also use it as an identity card.

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It is mandatory to link PAN with Aadhaar
In today’s time, PAN card should be made by every person, because the government has made it mandatory to link PAN with Aadhaar. If this link is not made, then you may be deprived of taking advantage of many government schemes. Along with this, you can also stop many works. In such a situation, it is important that you get your PAN card made soon. Here, information has been given about its four such benefits, about which you would hardly be aware.

Keep these things in mind

  • With the help of PAN card, you can check your CIBIL score. With the CIBIL score, you get to know whether you will get the loan or not. If you have PAN card then you can easily find it.
  • You must have also heard about many such cases, in which loans were taken in the name of others with the help of PAN card. If you also have a PAN card, then you can easily check whether anyone has taken a loan on your PAN card.
  • A bank account is required to keep any amount safe. Bank account cannot be opened without PAN card. In this case, you can open a bank account with your PAN card.
  • If you do transactions of high amount then it is mandatory to have PAN card. Because the government has made PAN card mandatory for transactions of Rs 50,000 or more.
  • In such a situation, with the help of PAN card, you can easily do this work.
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