PAN Card Benefits:
If you do not have a PAN card, you may face many problems. Because many works can only be done with a PAN card, a PAN card is an essential document in people’s lives.
It is used for financial transactions and many things. A PAN card is required to open a bank account to
withdraw a big statement and is also used to file ITR and claim TDS. Apart from this, you can also use it as an identity card.
It is mandatory to link PAN with Aadhaar
In today’s time, a 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, you must get your PAN card made soon.
Here, information has been given about its four benefits, which you would need to be aware of.
Keep these things in mind
1. With the help of a 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 a PAN card, then you can easily find it.
2. You must have also heard about many such cases in which loans were taken in the name of others with the help of a PAN card.
If you also have a PAN card, then you can quickly check whether anyone has taken a loan on your PAN card.
3. A bank account is required to keep any amount safe. The bank account can only be opened with a PAN card. In this case, you can open a bank account with your PAN card.
4. If you do a high amount of transactions, then it is mandatory to have a PAN card.
Because the government has made a PAN card compulsory for transactions of Rs 50,000 or more, in such a situation, with the help of a PAN card, you can easily do this work.
