The State Bank of India (SBI) has alerted its customers by saying that linking of PAN and Aadhaar is mandatory and has also asked them to link it by September 30, 2021.
“As per section 139AA of the Income Tax Act 1961, it is mandatory to link Aadhaar number with Permanent Account Number (PAN) by 30th September 2021,” SBI said.
See Zee Business Live TV Streaming Below:
However, the bank keeps on tweeting on the same to remind the customers. The lender has further said that if the account holders fail to do so, they will face difficulty enjoying a seamless banking service.
Recently SBI has tweeted, “We advise our customers to link their PAN with Aadhaar to avoid any inconvenience and continue enjoying a seamless banking service.”
We advise our customers to link their PAN with Aadhaar to avoid any inconvenience and continue enjoying a seamless banking service.#ImportantNotice #AadhaarLinking #Pancard #AadhaarCard pic.twitter.com/p4FQJaqOf7
— State Bank of India (@TheOfficialSBI) July 16, 2021
SBI said that PAN provided by the customers to SBI Card will be deemed inoperative from 1st October 2021, if it is not linked to the Aadhaar number by the above-mentioned date. “Please note that your PAN needs to be operational in order to enjoy uninterrupted services on your credit card,” the lender added.
Customers can know that last month, the union government has extended the deadline to link PAN with Aadhaar to September 30 in view of the coronavirus pandemic. The deadline was earlier set as March 31 but was later revised to June 30.
In order to link your PAN with Aadhaar you will have to go to the official website of Income Tax Department at www.incometax.gov.in and click on the Link Aadhaar title.
Then fill up all the details required including PAN details, Aadhaar number, name as per Aadhaar, mobile number, etc. Then click on “Link Aadhaar”. The two documents will then be linked.
One can also link PAN with Aadhaar via SMS. For this you will have to send an SMS to 567678 or 56161 from the registered mobile number in the following format:
UIDPAN<SPACE><12 Digit Aadhaar Number><SPACE><10 Digit PAN>
If a person fails to link PAN-Aadhaar by due date, then he/she shall be liable to pay a fee, maximum of Rs 1,000. This fee shall be in addition to the other consequences the person has to face if PAN becomes inoperative due to non-intimation of Aadhaar, as per the Income Tax Department.