E-PAN will be delivered immediately to the applicant’s email without any charge and physical card can also be obtained with a nominal fee. Even after the addition of new technical facilities, the question is natural whether the new PAN card will be able to protect from increasing cyber fraud or not. How capable will the new card be in protecting people from the way cyber criminals are causing financial loss to them.
The Income Tax Department has launched the upgraded version of PAN (Permanent Account Number) card ‘PAN 2.0’. Mainly three things have been taken care of in this, first, accessibility will be better than before, second, data storage will be safe and third, the process of application verification will be simple. Since the new PAN card will have the facility of QR code, its use in digital work will become easier than before.
How to stay safe from cyber fraud
E-PAN will be delivered immediately to the applicant’s email without any charge and physical card can also be obtained with a nominal fee. Even after the addition of new technical facilities, the question is natural whether the new PAN card will be able to protect from increasing cyber fraud or not. Let us know how capable the new card will be in protecting people from the financial losses caused by cyber criminals.
Up-to-date information in new PAN: If you get a new PAN card made, your card will be upgraded to the latest format of the Income Tax Department and you can update your new data with it.
Protection from misuse: Due to the QR code on the new PAN card, cyber thugs will not be able to easily duplicate it. This will also make it easier to deal with fraud and comply with new government rules.
More secure: The personal data in the QR code of the new PAN card will be in encrypted format, which can only be read by specially authorized software. Certainly, this will reduce the incidents of breach of personal information. It will also help in the verification of PAN by financial institutions. Usually, cyber criminals commit cyber fraud by changing the photo and name on the PAN card.
Speedy verification: PAN can be easily verified by scanning the QR code. This will not make it easy to commit identity theft and tampering. How effective will the new features be? If features like mandatory linking of Aadhaar card, real-time validation and advanced data analytics are added to the new system, then a strong system of cyber security will definitely be created. But, the way cyber security threats are coming in new forms today, how effective and efficient this system will be in fighting it, will be decided only with time.
How to get e-PAN
- To get e-PAN, first go to https://www. vices.nsdl. com/paam/ request AndDownload EPAN.html.
- Enter information like PAN, Aadhaar and date of birth here.
- After this, you will receive an OTP, enter it within 10 minutes.
- This service is free within 30 days of PAN issuance. The cost of subsequent requests is Rs 8.26.
- You will receive e-PAN on your registered email within 30 minutes of payment.
