What Benifits, Documents And Fees Required For PAN Card For Students?
A PAN Card for Students is an important ID card in India. It has a unique 10-digit number given by the Income Tax Department. This card helps with money-related tasks and acts as proof of identity. Whether you’re a student planning to open a bank account, get a loan for studies, or study abroad, a PAN card makes things easier. This guide explains why students need a PAN card, how to apply, what documents you need, and its benefits in simple words.
Read more about PAN Card Status
Why Do Students Need a PAN Card?
A PAN Card for Students is useful for many things, even if you don’t earn money. Students above 18 can get a regular PAN card, while those under 18 can get a Minor PAN card with their parents’ help. Here’s why it’s helpful:
- Open a Bank Account: Most banks ask for a PAN card to open a savings or student account.
- Get a Student Loan: You need a PAN card to apply for loans to pay for college or studies abroad.
- Buy Expensive Things: If you want to buy a vehicle costing over ₹5 lakh, a PAN card is required.
- Study Abroad: A PAN card helps get foreign currency for studying or traveling abroad.
- Apply for Debit/Credit Cards: Banks ask for a PAN card when you want a debit or credit card.
- Scholarships or Internships: Many scholarships or internship payments need a PAN card.
- File Taxes: If you earn money from a part-time job or freelancing, a PAN card is needed to file taxes.
- ID Proof: It works as an ID for exams, college admissions, or other official work.
PAN Card for Students
| What It’s Used For | Why It Helps |
|---|---|
| Bank Account | Opens savings or student accounts easily. |
| Student Loans | Needed to apply for education loans. |
| Buying Vehicles | Required for vehicles costing over ₹5 lakh. |
| Study Abroad | Helps get foreign currency. |
| Debit/Credit Cards | Needed for card applications. |
| Scholarships | Required to receive scholarship money. |
| Tax Filing | Needed if you earn money. |
| ID Proof | Works as an ID for exams or admissions. |
Who Can Get a PAN Card?
How to Apply for a PAN Card
You can apply for a PAN Card for Students online or offline using the NSDL or UTIITSL websites. It usually takes 10-20 days to get the card. Here’s how to do it:
Online Application (Easy Steps)
You can apply online through NSDL or UTIITSL websites.
Through NSDL Website
- e-KYC: Use Aadhaar for digital verification (no paper needed).
- Scanned Documents: Upload scanned copies of documents.
- Physical Documents: Send printed forms by post.
Through UTIITSL Website
Offline Application (Simple Steps)
Students can download their PAN card offline by following the steps.
- Get Form 49A: Download it from NSDL or UTIITSL websites.
- Read Instructions: Check the guidelines for filling the form.
- Fill the Form: Write your name, birth date, address, and other details.
- Attach Documents: Add two passport-size photos and copies of ID, address, and birth date proofs.
- Visit a PAN Centre: Go to an NSDL/UTIITSL office or TIN Facilitation Centre, submit the form, and pay ₹110.
- Get Acknowledgement Number: Use this to track your application.
- Get Your Card: The PAN card arrives in 15-20 days.
Application Fees
| Delivery Address | Fee (Includes Taxes) | Payment Options |
|---|---|---|
| Indian Address | ₹110 | Debit/Credit Card, Net Banking, Cheque, Demand Draft |
| Foreign Address | ₹1,020 | Debit/Credit Card, Net Banking, Cheque, Demand Draft |
Documents Needed for a PAN Card
You need specific documents to apply for a PAN Card for Students. The documents depend on your age.
Check : Instant e-PAN
For Students Over 18
- Photos: Two recent passport-size photos.
- ID Proof (any one):
- Aadhaar card
- Voter ID
- Driving license
- Passport
- Ration card with photo
- Bank certificate signed by the manager
- ID certificate signed by a Gazetted Officer, MLA, MP, or Municipal Councillor
- Address Proof (any one):
- Aadhaar card
- Voter ID
- Driving license
- Passport
- Post office passbook with your address
- Utility bill (electricity, gas, or phone, not older than 3 months)
- Bank statement (not older than 3 months)
- Government domicile certificate
- Government allotment letter (not older than 3 years)
- Address certificate signed by a Gazetted Officer, MLA, MP, or Municipal Councillor
- Birth Date Proof (any one):
- Aadhaar card
- Voter ID
- Driving license
- Passport
- 10th mark sheet or certificate
- Birth certificate
- Government domicile certificate
For Students Under 18 (Minors)
- Photos: Two recent passport-size photos of the student.
- Birth Date Proof: Birth certificate or school leaving certificate.
- Parents’ Documents: Parents need to give their ID and address proofs (from the list above).
- Note: A Minor PAN card says “MINOR” and uses the parent’s signature instead of the student’s.
Documents Needed for PAN Card
| Document Type | Students Over 18 | Students Under 18 |
|---|---|---|
| Photos | 2 passport-size photos | 2 passport-size photos |
| ID Proof | Aadhaar, Voter ID, etc. | Parent’s ID proof |
| Address Proof | Aadhaar, utility bill, etc. | Parent’s address proof |
| Birth Date Proof | Aadhaar, birth certificate, etc. | Birth certificate or school certificate |
Benefits of a PAN Card for Students
A PAN Card for Students has many advantages that help with school and money matters. Here’s a list:
Extra Benefits for Minors
- Learn About Money: Teaches young students about financial systems.
- Parents’ Control: Parents manage the card until the student is 18.
Updating a Minor PAN Card
If you have a Minor PAN card, you need to update it to a regular PAN card when you turn 18. Here’s how:
Tips for an Easy Application
Does a PAN Card Affect Fee Reimbursement?
Some students worry if a PAN Card for Students affects fee reimbursement for college. Based on available information, having a PAN card doesn’t stop you from getting fee reimbursement. These programs usually depend on your family’s income, where you’re from, or your grades, not whether you have a PAN card.
Also Check: PAN Card Reprint
Common Questions About PAN Cards for Students
Conclusion
A PAN Card for Students is a super helpful tool for school and money matters. It helps you open bank accounts, get loans, apply for scholarships, and proves your identity. Applying is easy, whether online or offline, through NSDL or UTIITSL. Just gather the right documents and follow the steps above. Getting a PAN card now sets you up for a bright, financially smart future!
