What does your PAN number mean
Your Permanent Account Number (PAN) card has come to serve you during many identity crisis situations. But for governement, our PAN cards are a tool to check information related to investment, raising of loans and other business activities of taxpayers.
As per our government data, there are currently more than 25 crore PAN cardholders in the country. Let’s get to know our PAN cards up close and personal.
All PAN numbers are a combination of ten alpha-numeric characters. The first three characters represent a series starting from AAA to ZZZ.
The fourth character represents the status of the PAN holder. C stands for Company, P for Person, H for HUF (Hindu Undivided Family), F for Firm, A for Association of Persons (AOP), T for AOP (Trust), B for Body of Individuals (BOI), L for Local Authority, J for Artificial Juridical Person and G for Government.
The fifth character is either the surname (in case of a person) or the name of the entity (in all other cases).
The sixth to ninth characters are sequential numbers running from 0001 to 9999.
The last character is an alphabetic check digit which is generated by applying a formula to the preceding nine letters and numbers.