Every individual in India should have a PAN card to file returns and financial transactions. An NRI (non-resident Indian) also needs to have a PAN card and has to follow procedures to obtain it. There will be a difference in the requirement of documents for applying for an NRI PAN card.
Steps to apply for an NRI PAN card:NRI needs to fill in form 49A if they have Indian citizenship.
NRIs with citizenship of another country have to fill in Form 49AA.
They can submit forms online through UTIITSL and NDSL websites.
After submitting the form, an acknowledgment copy along with a 15-digit number generated needs to be sent to the designated address with the documents.
Communication address provided by NRI inside India will cost Rs. 107 whereas that outside India costs Rs. 989 including application fees and dispatch charges.Online applications have to pay fees through debit/credit card or Net banking. Alternatively, a demand draft can be dispatched to UTIITSL /NSDL, along with the documents and form.
Documents Required:Two passport-sized photographs need to be provided in the acknowledgment form.
A copy needs to be submitted as a copy of the passport as identity proof.
A copy of a bank account statement in the residing country.
A copy of the NRE bank account statement duly attested with at least two transactions in the past 6 months