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I am planning on closing my bank account and starting a new account in kotak. Is there anything I should do on my pan card regarding my account closure? Can I start using pan card for my new kotak account also?
I am planning on closing my bank account and starting a new account in kotak. Is there anything I should do on my pan card regarding my account closure? Can I start using pan card for my new kotak account also?
Shyamal Modi, Tax Advocate | Financial Advisor | Virtual CFO
Answered on April 19,2022
Answered on April 19,2022
There is nothing to be done!
You just have to provide copy of your PAN card to your bank for KYC & TDS purposes upon new account opening.