Linking of AADHAAR with PAN is MANDATORY

• Every person who has been allotted a Permanent Account Number (PAN) and is eligible to obtain Aadhaar number, must link their PAN with Aadhaar as per provisions of Section 139 AA of the Income Tax Act 1961. Further non linking of PAN with Aadhaar shall make PAN “inoperative" and
• TDS / TCS would be deducted /collected at Non PAN rate (including cash withdrawal) ,
• Form 15G/H with inoperative PAN will not acceptable
• Existing Form 15 G / H becomes ineffective till PAN remains inoperative.
• As per NSDL / CDSL guidelines, Demat account opening & transactions processing will be restricted for inoperative PAN.
• As per extant RBI guidelines investment in RBI Bonds is not allowed for inoperative PAN.
• As per extant RBI guidelines investment in Sovereign Gold Bonds is not allowed for inoperative PAN.
• As per SEBI guidelines, ISA account opening and transactions processing will be restricted for inoperative PAN.
• Here are two useful links for you:
• Click here to check the status of your PAN – Aadhaar linkage:
• Click here to link your Aadhaar with PAN.
• Please note; linking of Aadhaar with PAN does not apply to an individual who does not possess an Aadhaar number / Enrollment ID and is:-
• residing in the States of Assam, Jammu and Kashmir and Meghalaya.
• a Non-Resident as per Income Tax Act 1961.
• of the age of eighty years or more at any time during the previous year.
• not a citizen of India.
• It is as per notification 37/2017 dated 11-May-2017 issued by CBDT.
• For queries, please contact your relationship manager or the nearest HDFC Bank branch.
• Please ignore, if you have already linked your Aadhaar with PAN.