The Postal Department has announced that quoting a Permanent Account Number (PAN) will now be mandatory for certain transactions carried out at post offices.
The move follows new provisions under the Income Tax rules 2026, which came into effect from April 1. The requirement is aimed at improving monitoring of high-value financial activity.
According to the department, PAN will be required for major transactions such as opening accounts, making deposits and withdrawals, and other high-value dealings at post offices.
For depositors who do not have a PAN, the rules require submission of Form 97 with details such as name, address and transaction amount, along with supporting documents. Post offices must verify the form and documents.
The earlier Form 60, which was used for those without PAN, has been withdrawn. In its place, Form 97 and Form 98 have been introduced.
