Every Indian must have a PAN card for financial transactions equal to 50,000 or above and filing income tax returns. Additionally, an NRI also needs to have a PAN card. The process is quite simple for PAN cards for Non-Resident-Indian. They must note that the documents required for the NRI PAN card are different from those of native people.
However, some additional details like steps to apply and required documents are illustrated below. Thus, make sure that you have all the documents required to apply for NRI PAN Card.
What Documents Required For NRI PAN Card?
- Two passport-sized photographs were provided along with the acknowledgement form.
- Attach a passport copy as identity proof.
- A copy of your bank account statement in the residing country.
- NRE bank account statement copy should be duly attested with at least two transactions in the past 6 months.
Steps To Apply For A NRI PAN Card
Once you have the above-given documents, follow the steps to successfully apply for an NRI PAN Card online.
Step 1: Non-Resident Indians are required to fill the form 49A if they hold Indian citizenship.
Step 2: In case, NRIs holding citizenship of another country must fill the 49AA Form.
Step 3: These forms can be filled online through NDSL and UTIITSL websites.
Step 4: After filling the form and submitting it, an acknowledgement copy along with a 15-digit number generated needs to be sent to the designated address with the documents.
Step 5: Communication address provided by NRI inside India will cost Rs. 107 whereas that outside India costs Rs. 989 including application fees and dispatch charges.
Step 6: Now, pay the application fee through a credit/ debit card or Net banking.
Step 7: Alternatively, a demand draft can also be dispatched to UTIITSL /NSDL, along with the documents and form.