When we open a new bank account with any of the banks that are operating in India we come across one thing and that is KYC Compliance. If you want to have an instrument that deals with the money then you should make it KYC compliance. Let it be a complete bank account or a digital wallet like PhonePe, PayTM, etc. I can say it is almost mandatory for any person to make the account KYC if he or she wishes to use the bank account without any interruptions or limits put on them by the bank. I will tell you how you can link PAN Card with IDFC First Bank account in this article.
The most heard name for the matter of KYC is PAN Card. This card is a document that is issued by the income tax department of India which also acts as an identity proof document throughout the country. Here you should know one thing and that is the full form of KYC which is to know your customer. When it comes to linking PAN Card with IDFC First Bank account you can follow multiple methods to do it. There are both online and offline methods to do this.
I will be sharing the online methods which you can use to link PAN Card with IDFC First Bank account. I am one of the bank account holders of this bank and I am quite satisfied with the banking services provided b this bank. What about you? How is your experience with this bank? You can share your experience with me by commenting down below. In most cases, we can not open a bank account with this bank without having the KYC documents with us.
I mean to say if you don’t have your PAN Card and the Aadhaar Card when you are trying to open the bank account with the IDFC First Bank. Then I don’t think they would somehow allow you to do so. But if you have somehow managed to open the account without PAN Card and by submitting the Income Tax Form 60.
Form 60 of the Income Tax Department is for those people who don’t have the PAN card with them. Before I tell you the procedure to link PAN Card with IDFC First Bank account, let me brief you about the bank where you have your bank account.
About IDFC First Bank
|Type of the Bank||Private Bank|
|Traded As||BSE: 539437
|Industry||Banking and Financial Services|
|Predecessor||IDFC Bank and Capital First Limited|
|Head Quarters||Mumbai, Maharashtra|
|Chairman (January 2020)||Rajiv Lall|
|MD and CEO (January 2020)||Mr. V. Vaidyanathan|
|Products||Consumer banking, Corporate banking, Wholesale banking, Mortgage loans, Private banking, Wealth management, Investment banking|
|Revenue (2017)||₹85.3272 billion|
|Operating Income (2017)||₹30.30 billion|
|Net Income (2017)||₹10.20 billion|
|Total Assets||₹1.12160 trillion|
|Number of Employees (July 2018)||7,043|
|Customer Care Phone Number (toll-free)||1800 419 4332|
|Customer Care E-Mail ID||[email protected]|
How to Link PAN Card with IDFC First Bank Account?
As I have already mentioned that there are multiple methods to link PAN Card with IDFC First Bank account. Both online, as well as offline methods, can be used. In this article, I will be explaining to you the online methods.
I recommend you to use the online methods to link it because you can do it very easily with the help of your internet banking account or the official mobile banking application of the IDFC First Bank.
Both the online methods i.e. using internet banking as well as mobile banking are explained below, use whichever is convenient for you.
When you click on the PAN Update button you will be redirected to my profile section by the internet banking system. You can update your PAN details from there and if you have already submitted the PAN number to the bank then you won’t be able to change it in the bank records.
These are the 2 methods by following which you can link PAN Card with IDFC First Bank account. I hope you are clear with all the details mentioned in this article. If you have any kind of doubts in your mind then you can comment down below. I will be happy to help you out with your banking queries. If you want to get assisted quickly right now then you can call the customer care of the bank on their toll-free number: 1800 419 4332 and talk to their customer care executive for more details.