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PAN : Permanent Account Number

Banking

What is the Full Form of PAN?

The PAN represents Permanent Account Number.

This is a card containing an exceptional ten-digit alphanumeric blend given by the Income Tax Department of India. This card is given by the Income Tax Department of India, under segment 139A of the Indian Income Tax Act 1961. 

Arrangement of a Pan Card 

The interesting ten-digit alphanumeric blend is organized in the accompanying configuration: 

AAAPL1234C 

The initial five characters are letters, the following four are numerals and the last character is additionally a letter. The initial three letters are a grouping of letters in order, from AAA to ZZZ. 

The fourth character determines the holder of the card. Every holder is extraordinarily characterized as beneath: 

  • A - Association of Persons (AOP) 
  • B - Body of Individuals (BOI) 
  • C - Company 
  • F - Firm 
  • G - Government 
  • H - HUF (Hindu Undivided Family) 
  • L - Local Authority 
  • J - Artificial Judicial Person 
  • P - Individual 
  • T - AOP (Trust) 

The fifth character shows on the PAN card is the principal character of the family name or last name of the individual, on account of an "Individual" PAN card, where the fourth character is "P" or of the name of the Entity, Trust, society, or association on account of Company/HUF/Firm/AOP/BOI/Local Authority/Artificial Judicial Person/Government, where the fourth character is "C", "H", "F", "A", "T", "B", "L", "J", "G".

Suggestions:

AcronymFull Form
ADBAsian Development Bank
ATMAutomated Teller Machine
CBICentral Bank of India
ECSElectronic Clearing Service
ESIEmployees' State Insurance
HDFCHousing Development Finance Corporation
HSBCHong-Kong and Shanghai Banking Corporation
ICICIIndustrial Credit and Investment Corporation of India
IDBIIndustrial Development Bank of India
IFSCIndian Financial System Code
INRIndian Rupee
IRDAInsurance Regulatory and Development Authority
NEFTNational Electronic Funds Transfer
POPost Office
POProbationary Officer
RBLRatnakar Bank Limited
RTGSReal-Time Gross Settlement
SEBISecurities and Exchange Board of India
SIDBISmall Industries Development Bank of India
TDSTax Deducted at Source
UCOUnited Commercial Bank
IBPS ClerkInstitute of Banking Personnel Selection Clerks
IBPS POInstitute of Banking Personnel Selection Probationary Officer
IBPS SOInstitute of Banking Personnel Selection Specialist Officer
IBPS RRBInstitute of Banking Personnel Selection Regional Rural Banks
SBI ClerkState Bank of India Clerk
SBI POState Bank of India Probationary Officer
SBI SOState Bank of India Specialist Officer
RBI RecruitmentRecruitment Reserve Bank of India Recruitment
RBI Grade BReserve Bank of India Grade B