Yes, a minor can apply for a PAN card. Minors can apply for a PAN card for various purposes, including educational scholarships, earning income, managing investments, opening bank accounts, and more. However, the application process may require the involvement of their parents or legal guardians. Here, you can find more information about it.

Why Would a Minor Need a PAN Card?

1. Scholarships and Educational Loans

Minors might require a PAN card when applying for scholarships or educational loans. In such cases, the PAN is used to track and verify the financial transactions related to these disbursements.

2. Earning Income

Minors who are earning income, whether through part-time jobs, acting, or modeling, need a PAN card to ensure that their earnings are accounted for and taxed appropriately.

3. Investments

In certain cases, minors might inherit investments or receive gifts that have a financial value. A PAN card is essential for managing and tracking these investments.

4. Bank Accounts

If a minor wishes to open a bank account, many financial institutions require a PAN card as proof of identity and to monitor financial transactions.

5. Avoiding Tax Deduction at Source (TDS)

When a minor earns income, there is a possibility of tax deduction at source (TDS) on that income. Having a PAN card can help minors avoid excessive TDS by submitting Form 15G or Form 15H.

How to Apply for a PAN Card as a Minor

Applying for a PAN card as a minor involves a slightly different process compared to adults. Here are the steps:

1. Obtain the Application Form

You can get the PAN card application form (Form 49A) from either the official NSDL or UTIITSL websites. The form is also available at PAN service centers and TIN facilitation centers.

2. Fill in the Form

The form must be filled out by the minor’s parents or legal guardians. They will provide their details as well as those of the minor.

3. Documents Required

You’ll need to provide proof of identity and address for the minor, along with two passport-sized photographs. The parent or guardian should also provide their PAN card details.

4. Pay the Fee

A processing fee is required to apply for the PAN card. The fee may vary depending on the mode of delivery (i.e., within India or outside India).

5. Submit the Application

Once the form is completed and documents are in order, the application should be submitted to the nearest PAN service center or TIN facilitation center. You can also apply online through the official websites.