How to Link PAN Card to Bank of India Account in 2025

Linking your PAN (Permanent Account Number) Card to your Bank of India (BOI) account is mandatory as per RBI guidelines. It helps in tracking financial transactions, avoiding tax deductions at higher rates, and ensuring compliance with income tax regulations.

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What are the Requirements to Link PAN Card to Bank of India Account?

For linking the PAN Card, you must have the following requirements: 

  1. Valid PAN Card: Verify that you currently possess an Indian PAN Card in your name that has been issued by the Income Tax Department of India
  1. Active Bank Account: Having an open and operational bank account is essential 
  1. Updated Contact Details: It is important to make sure your bank has your most recent email address and mobile number  
  1. Credentials for Internet and Mobile Banking: Verify that the bank has the most recent email address and mobile number for future contact. 

Different Methods to Link PAN Card with Bank of India Account

The following methods will allow you to link your PAN Card with the Bank of India: 

Via Internet Banking

  1. Visit the Bank of India's official website
  1. Enter your login credentials to access your Bank of India online banking account
  1. Select the Service Request menu item
  1. Select the PAN Update option now
  1. Enter your PAN Card number, birthdate, and registered email address in the designated field
  1. Check all the information you submitted, then click Submit.
  1. After the procedure is finished, the Bank of India will send a message to the mobile number you have registered.

Via Mobile Banking

  1. Get the Bank of India banking app from the Google Play Store, then install it.
  1. Create an account and sign in with your mobile banking information.
  1. Select the PAN Card link option and fill out your information.
  1. Verify all the details you have entered, then submit.
  1. After your PAN Card is linked to your bank account using the registered mobile number, you will be notified.

Via Phone (Customer Care Hotline)

  1. Enter your registered mobile number to reach the Bank of India Customer Care Number (1800 103 1906)  
  1. Next, select the option to speak with a customer service representative directly by navigating the IVR's menus  
  1. After connecting, ask the customer service representative to connect your PAN to your account 
  1. For verification purposes, the customer service representative could ask for your full name, address, PAN Card number, and birthdate 
  1. The Bank of India will notify you through email or SMS that the connection process has been completed once it has been completed. 

If you want to link your PAN Card by visiting the bank, follow the steps mentioned below:

  1. Visit to any Bank of India branch
  1. Request for a PAN Card updating form (KYC form) from the bank representative
  1. Accurately enter the required information in the places marked.
  1. After completing the form, double-check the information you entered and submit the form with a self-attested copy of your PAN Card at the help desk
  1. The bank might request you to write a letter to the Branch Manager along with the form.

Benefits of Linking PAN Card with your Bank of India Account

There are various benefits by linking your PAN (Permanent Account Number) Card to your Indian bank account: 

  1. To guarantee compliance with tax laws, the Income Tax Department requires PANs to be linked to bank accounts
  1. Connecting your PAN Card to your bank account improves the Know Your Customer (KYC) procedure.
  1. Receiving tax benefits is made simpler when your PAN Card is connected to your bank account.
  1. PAN linking allows easy financial transaction tracking
  1. For some high-value transactions, such fixed deposits, a PAN must be linked. This connection ensures that you can complete these transactions without any difficulties 
  1. Financial institutions find it easier to verify you when your PAN is connected to your bank account. As a result, it speeds up loan application processing and approval 
  1. Accurate TDS deduction and the provision of accurate TDS certificates are guaranteed once your PAN is connected to your bank account.

FAQs on PAN Card Linking to Bank of India Account

  • 1. Why is it necessary to link PAN with a Bank of India account?

    Linking PAN with your BOI account ensures compliance with tax laws, prevents TDS (Tax Deducted at Source) at a higher rate, and helps in smooth financial transactions.

  • 2. Is there a fee for linking PAN with BOI account?

    No, linking PAN to your bank account is free of charge.

  • 3. How long does it take to update PAN in Bank of India records?

    It usually takes 24-48 hours to update PAN in Bank of India.

  • 4. Can I link multiple PAN cards to one Bank of India account?

    No, only one PAN can be linked to a single bank account. 

  • How can I check if my PAN is linked to my Bank of India account?

    You can check your PAN through net banking, contacting customer care or by visiting the branch. 

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