PAN (Permanent Account Number) is now an important document that is needed in India for tax purpose and financial transactions. PAN is a unique alphanumeric code that is allotted by the department of the Income-tax department of Government of India. PAN is required for various purposes like buying a car, availing phone number, investing in mutual funds or even opening a bank account. This is now made a mandatory identity for almost every type of financial transaction and tax purposes. While applying for this, there are chances that an individual can make mistake. This can be due to various reasons and of different types.
Pan Card Correction is needed to avoid any problem in future when the PAN is used for complex financial transactions and tax purposes. Thus, no matter what is the actual mistake in the card, it is necessary to know the right procedure to correct it. If this is the first time you are applying for the correction, then it is necessary to know the time taken in correction and when it is reflected on the card. How many days it take for the changes to be reflected in PAN card? This is a common question that almost every individual ask when filing for the corrections.
Earlier it used to take around 15-20 days for the correction to reflect in PAN. With the regulations made, there is a high responsibility on the PAN serving department to make the necessary changes and reflect them quickly on the PAN card. Further, it used to take a lot of time to deliver the corrected PAN at your address. At present time, it takes only 7-15 days to rectify the errors and get the correction done. However, this is the average time and may be different for every individual case. This can even go up to a maximum of 45 days from the date of application of the Correction in Pan Card.
There are two ways to apply for the corrections, if the application is filed using the online platform, it will take only 4 to 7 days to get the new e-PAN delivered to an email address. However, this can be longer when the application is filed physically at PAN centres. If the payment and correction are made online then it takes lesser time than other methods of filing for the PAN correction. The PAN that is sent through the post often takes a longer time than the application that is made through the online portals.
As per experts, it is also clear that all the case has its own time and may depend on other factors too. There is a separate time period when the corrections are reflected on the PAN over the internet and the PAN card actually delivered to the postal address. Thus, when you apply for any change in the PAN, it is necessary to wait for the waiting period of an average of 7-15 days to get the changed reflect in the card online. After few days, you will get the corrected PAN delivered at the address.