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Mandatory linking of PAN with Aadhaar and updating the linkage status with Axis Bank

As per section 139AA of the Income-tax Act, 1961 (‘Act’), every person who has been allotted a Permanent Account Number (‘PAN’) and is eligible to obtain an Aadhaar number must link their PAN with Aadhaar.

Further, as per Rule 114AAA of the Income-tax Rules, 1962, where a person fails to intimate their Aadhaar number as per Section 139AA (2) of the Act before 31st March 2022 the PAN of such person has become in-operative.

Adverse consequences for inoperative PANs are effective from 01st July 2023. Primary implications of non-linking PAN with Aadhaar are application of higher TDS/TCS rates. For more details, please refer to CBDT’s latest Circular No. 03 of 2023 dated 28/03/2023.In order to enjoy seamless banking, kindly link your PAN with Aadhaar.

You may visit the Income Tax department’s portal at https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar for linking your PAN with Aadhaar.

Visit https://eportal.incometax.gov.in/iec/foservices/#/pre-login/link-aadhaar-status to check the status of your PAN-Aadhaar linkage.

Post Linking, kindly reupdate the PAN with us through following channels

  • Mobile Banking – Side menu Hamburger >> Services & Support >> Services >> My Profile >> Update PAN
  • Internet Banking – Side Menu >> Services >> My Profile >> Edit icon on PAN No.
  • Please reach out to your nearest branch for reupdating PAN

Also, customer will need to re update form 15G/H in case it was submitted earlier

Click below to read FAQs on Aadhaar-PAN linking: