PAN card: 10 secrets hidden behind the digit you need to know

PAN Card is an important part of our documents which is very useful. Today, PAN is required for most financial transactions. In addition, it also serves as an ID. But do you know what secret is hidden behind the 10 digit number inscribed in it?

Highlights

• PAN Card is an important part of our documents.
• In today's era, the PAN card is used in many types of financial transactions.
• PAN card also works as an ID.
• It is mandatory to have a PAN card for getting salary in the organized sector

Pancard has become the most important thing that people carry with them. But do you know what the 10 digit number inscribed on it means? If you do not know, then it is something you mean. PAN Card is an important part of our documents and it also acts as an ID. If you work in the organized sector then it is mandatory to have a PAN card to get a salary.

Not only this, in today's era, but the PAN card is also used in many types of financial transactions. We all know that a number is written below the date of birth on the PAN card. It is an alphanumeric number of 10 digits that everyone is curious about. Let us tell you what special meaning these alphanumeric numbers in your PAN card have and what kind of information is hidden in them.

The fourth digit is the most important

This alphabet series can contain any three-letter series from AAA to ZZZ. It is decided by the Income Tax Department. The fourth letter of PAN denotes the status of income taxpayers. For example, if it has a P in the fourth position, it means that the PAN number is personal. Similarly, if F is at the fourth position in the card, it means that it is the number of a firm. Similarly, C means that it is the PAN number of a company. A is for the Association of AOP. Similarly for T Association of Persons for a Trust (APT), H for Undivided Hindu Family, B for Body of Individual (BOI), L for Local Authorities, J for Artificial Judicial Person and G for Government. Is for

What is hidden in the fifth?

After this comes the fifth letter. This is the first letter of your surname. For example, if someone's surname is Sharma or Srivastava, the fifth letter of their PAN number will be S. After this comes the four-digit number which can be anything between 0001 to 9999. These numbers represent the series of income tax departments that are in operation at the time of card creation.

The 10th digit of the PAN card is also the letter of the English alphabet. But it is of no importance to the cardholder. However, it is not simply generated but is generated after a complex calculation.