Are ‘Verify PAN’ and ‘Status PAN’ the same thing or there is difference between these two terms.
The term ‘Verify PAN’ means verification of PAN Data including Name of Pan Card Holder and PAN Number of Pan Card Holder whereas ‘Status PAN’ means to know about the Status of Pan Application thus, the two terms differ from each other in following manner.
Pan Card applicant applying for new Pan Card or reprint or for reissuing of Pan Card is issued a 15 digit unique acknowledgement number or receipt. Thus each applicant can verify his/her application online and can trace it.
An applicant can verify status after 5 days from the day of generation of acknowledgment number.
For tracking the status of the application form of any applicant an application status form can be filled which consists of application type, applicant’s details including name and date of birth and also the acknowledgment number generated for the PAN card. For this, firstly select the type of application whether it is for new pan card for any correction in PAN card details or for reprint of PAN card, then type 15 digit acknowledgement number and then click on submit button to get the Status update.
Any applicant can verify the PAN Data and Pan Card Details by the PAN Number of relevant person and the pan data can be verified by Name of applicable person. So, pan card can be verified using Pan No. or by using name. The third parties can also verify the PAN data and details of the card holder and can know with whom the person is going to make monetary transactions and the data is open to all.