What is PAN Card 2.0? New updates continue, why all must be made? PAN Card 2.0 New Update


PAN Card (Permanent Account Number) is an important document in India, which is used for financial transactions and income tax related tasks. Recently, the Government of India has launched the PAN Card 2.0, which is an upgraded version of the old PAN card. This new version is not only more secure and digital-friendly, but also added many new features to it. In this article, we will know in detail what is PAN card 2.0, its features, benefits and why it is necessary to make it.

Main information of pan card 2.0

The PAN card 2.0 is designed keeping in mind the needs of the digital age. It uses modern techniques such as QR code, digital signature and biometric data. Below is the main information given to:

Description Information
Update name PAN Card 2.0
Date of implementation 1 April, 2024
Issuer Income Tax Department, Government of India
Main objective Safety and utility
target groups All PAN card holders
Update process Both online and offline
Update fee Free (31 March, 2025)
New features QR code, digital signature, biometric data

New features of pan card 2.0

Many new and advanced facilities have been added to the PAN card 2.0. These features make it more secure and useful than before.

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1. QR Code

A unique QR code has been added to PAN Card 2.0. It stores the information of the QR code card holder in an encrypted format.

  • Quick verification: Banks and other institutions can easily check the authenticity of PAN card by scanning QR code.
  • Data Security: Encrypted data is protected from unauthorized access.
  • Facility in digital transactions: Users can share their information immediately through QR code.

2. Digital signature

The feature of digital signature has been added to it, which makes it almost impossible to make it impossible.

  • Online verification becomes easy.
  • Paperless transactions are promoted.

3. Biometric Data

PAN Card 2.0 has used biometric data to prevent fraud cases.

4. E-PAN facility

Now PAN card holders will also get e-PAN in digital form, which can be obtained via email.

Benefits of Pan Card 2.0

Many benefits have been revealed with the launch of PAN Card 2.0. Let us understand them in detail:

  • Safety improvement: PAN card has become more secure due to QR code and digital signature.
  • Ban on fraud: This system will ban fake PAN cards and their misuse.
  • Online Verification: Now the identity verification process will be faster and simple.
  • Paperless Process: It is environmentally friendly as well as makes the process more efficient.
  • Data update: Information of old PAN card holders will automatically be updated.
  • Free upgrade: Existing PAN card holders will get the option to upgrade for free.

How to make PAN Card 2.0?

If you want to apply for PAN Card 2.0, follow the following steps:

  1. Go to the official portal: Go to the website of NSDL or Utiitsl.
  2. Register: Enter your name, date of birth and mobile number.
  3. Upload the document: Identification proof (Aadhaar card), address proof and passport size photo.
  4. Pay fee (if applied): Pay online.
  5. Get acknowledgment: After completing the application, get acknowledgment number.
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Will the old PAN cards be canceled?

The question arises in the minds of many people whether the old PAN cards will no longer be valid. The answer is:

  • Old PAN cards will be valid.
  • If you update your information, then your new PAN card will be “PAN Card 2.0”.
  • The current PAN number will remain the same; Only design and features will change.

Why is PAN Card 2.0 necessary?

PAN Card 2.0 is not necessary for every person. But if you fall in the following categories then you should make it:

  1. Those who do not have a PAN card yet.
  2. Whose PAN card requires any error or change.
  3. People who do digital transactions regularly.

PAN Card 1.0 vs Pan Card 2.0

The table below shows the main difference between the two versions:

Speciality PAN Card 1.0 PAN Card 2.0
QR code Not available Available
Verification Manual Digital
Security Less More
design ordinary Modern
Paperless procedure Partial full

conclusion

PAN Card 2.0 is a modern and safe system that is part of the “Digital India” initiative of the Government of India. This will not only make financial transactions easier but will also stop fraud. However, those who already have PAN cards will not need to make it compulsorily.

Disclaimer:

PAN Card 2.0 is a real government scheme implemented by the Income Tax Department. Do not pay attention to any kind of rumors about this and get information from official sources only.

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Hello friends, I am Ashok Nayak, the Author & Founder of this website blog, I have completed my post-graduation (M.sc mathematics) in 2022 from Madhya Pradesh. I enjoy learning and teaching things related to new education and technology. I request you to keep supporting us like this and we will keep providing new information for you. #We Support DIGITAL INDIA.

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