PAN 2.0 Project : The Union Cabinet on Monday approved the PAN 2.0 project to upgrade the PAN card. The new PAN card will now be issued with a QR code. With the approval of Pan Project 2.0, many questions are being raised. How will the new PAN card with QR code be updated for those who have old cards? Do I have to reapply and get a new PAN card? Will the old PAN cards all become useless? Have to pay any money again or what? etc. Know the answer to all questions and get detailed information about PAN Project 2.0.
PAN 2.0 Project
Will a new PAN card be issued?
Yes, a new PAN card will be issued. Every existing PAN card holder will not need to change any card or apply for a new card. As usual old PAN card will be updated with new PAN card.
What facilities will be available in the new PAN card?
The new PAN card will have new features like QR code. Government aims to bring PAN 2.0 project under Digital India. This will make PAN a common identity card for all government agencies across digital systems.
Does PAN Card Upgradation have to be paid?
No, the PAN upgrade facility will be free and will be delivered to you up front.
Why New PAN Card Needed?
So far the software used to operate the PAN card is 15 to 20 years old, facing many problems. Under the new system, all PAN card related arrangements will be done digitally. So that complaints can be disposed of in time.
What will be the benefit?
Banking will become a robust and simple interface for convenience and financial services. Now PAN card will be linked with Aadhaar card as well as other financial data will be integrated.
Difference between old PAN card and new PAN card
| Old PAN card | New PAN Card |
| Old design and lack of updated information | Will be available with modern design and updated information |
| Security features were limited, with the possibility of fake PAN cards being created. | Incorporation of modern security like hologram and QR code |
| QR code not found | A QR code has been included |
| Additional details of PAN holder were not available | All additional details of the panholder can be obtained |
| The old PAN card came only in physical format | The new PAN card will be available in both physical format and digital format (e-PAN). |
| Verification was done manually | Facilitates QR code verification. |
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Important link
| PAN Official Website | View |
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