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Q.

What is the PAN Number of PNB Housing Finance?

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0 2023-04-03T11:49:25+00:00

A PAN number is a 10-digit number consisting of both numerics and alphabets. I used to think that only people had PAN numbers assigned to them, but I later learned that banks also have their respective bank numbers. I applied for a loan at PNB and came to know the PNB housing finance PAN number then. There is a reason behind it. Read this answer to know what is the PAN number of PNB housing finance and also its relevance.

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  What is the PAN number of Punjab National Bank?

The Punjab National Bank home loan PAN number is AAACP0165G. Do not confuse it with the Punjab & Sind Bank. The latter’s PAN number is AAACP1206G. 

  What is the purpose of assigning a bank PAN number?

The main reason for assigning a bank PAN number is to provide an option to the customers to avail themselves of various tax and home loan exemptions. If a person wants to lower his or her tax liability, he/she can show that they are paying home loan interest as per Section 24B of the Income Tax Act of 1961. They must be providing all such details to the Income Tax Department in that case. 

 

You should now understand what the PNB housing finance PAN number is and how it can benefit you. 

  Read More:

How To Close PNB Bank Account?

How to add beneficiary in PNB?

How to check PNB home loan status ?

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