I want to open a zero balance bank account, but I currently don’t have a PAN or Aadhaar card. Is it possible to open a bank account without these documents, and if so, what alternative identification can I provide?
When I first considered opening a bank account without a PAN or Aadhaar card, I was unsure if it was even possible.
However, I discovered that it is indeed feasible, especially for individuals who may not have these documents readily available. I chose to open a DBS Bank DigiSavings Account, which allows account opening without a PAN card by submitting alternative documents.
Steps to Open a Bank Account Without PAN or Aadhaar:
1. Choose a Bank That Accepts Alternative Documents: I selected DBS Bank, which permits the use of other government-issued IDs like a Voter ID, Passport, or Driving License in place of a PAN card.
2. Visit the Bank’s Official Website: I navigated to the How to Open a Bank Account Without PAN Card
to begin the application process.
3. Fill in Personal Details: The online form required basic information such as my name, contact details, and address.
4. Submit Identification Documents: I uploaded a Voter ID as my identity proof. The bank also accepts Aadhaar, Passport, or Driving License.
5. Complete Video KYC: A bank representative conducted a brief video call to verify my identity, which was convenient and efficient.
6. Account Activation: Once verified, my account was activated, and I received my account details promptly.
Documents Accepted in Place of PAN:
• Voter ID Card
• Passport
• Driving License
Form 60: A declaration stating that I do not have a PAN card but meet the necessary financial requirements.
Benefits of Opening an Account Without PAN or Aadhaar:
• Accessibility: Provides banking access to individuals without PAN or Aadhaar cards.
• Convenience: The online application process is straightforward and can be completed from home.
• Flexibility: Allows the use of alternative government-issued IDs for identity verification.
Opening a bank account without a PAN or Aadhaar card was a straightforward process that provided me with the banking services I needed. If you’re in a similar situation, I recommend exploring banks that accept alternative identification documents.