{"id":4250,"date":"2025-05-21T13:48:06","date_gmt":"2025-05-21T08:03:06","guid":{"rendered":"https:\/\/www.globalimebank.com\/blog\/?p=4250"},"modified":"2025-05-27T11:13:41","modified_gmt":"2025-05-27T05:28:41","slug":"pan-card-for-banking-in-nepal","status":"publish","type":"post","link":"https:\/\/www.globalimebank.com\/blog\/pan-card-for-banking-in-nepal\/","title":{"rendered":"Process of Applying for PAN Card in Nepal"},"content":{"rendered":"\n<p>A Permanent Account Number (PAN) is a unique 9-digit identification number issued by Nepal\u2019s Inland Revenue Department (IRD). It is used to track the income and ensure the taxes are being paid at time. Think of it as a tax ID card, just like a citizenship card\u2014but for your financial identity.<\/p>\n\n\n\n<p>Whether you&#8217;re an employee, freelancer, business owner, or even a foreign national doing business in Nepal, having a PAN is a must.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Are the Laws Governing PAN in Nepal?<\/strong><\/h2>\n\n\n\n<p>The <strong>Income Tax Act 2058 (2002)<\/strong> is the main law behind PAN in Nepal. According to Section 78, the government can ask individuals and businesses to mention their PAN in income statements, financial documents, and tax returns.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Who needs a PAN card in Nepal?<\/strong><\/h2>\n\n\n\n<p>You must register for a PAN if you are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A salaried employee or freelancer.<br><\/li>\n\n\n\n<li>A business (sole proprietor, partnership, company).<br><\/li>\n\n\n\n<li>An NGO, INGO, or Not-for-Profit company.<br><\/li>\n\n\n\n<li>A foreign investor or NRN with financial activity in Nepal.<br><\/li>\n\n\n\n<li>An individual making large financial transactions (e.g., buying property or vehicles).<br><\/li>\n\n\n\n<li>Someone opening a bank account (based on account type).<br><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Are the Types of PAN in Nepal?<\/strong><\/h2>\n\n\n\n<p>There are <strong>two main types of PAN cards<\/strong>:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Personal PAN<\/strong> \u2013 For individuals like salaried employees or freelancers.<br><\/li>\n\n\n\n<li><strong>Business PAN<\/strong> \u2013 For legal entities like companies, firms, or organizations.<br><\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Why do we need PAN Card in Banking Process ?<\/h2>\n\n\n\n<p>Your PAN Card is one of the essential document for initiating various banking process:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PAN Card is needed while making a Dollar card. While applying for a Dollar card we can enter a PAN number on the Global Smart Plus app.<\/li>\n\n\n\n<li>A PAN card is a must while taking loans.<\/li>\n\n\n\n<li>If a PAN card is provided to the bank, then the tax paid on interest can be seen in the personal PAN statement.<\/li>\n\n\n\n<li>PAN card is essential for corporate banking.<br><br>Note: If customers have not provided the PAN card while opening the account, they can later visit the branches and update their PAN by bringing a physical PAN card.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How to Apply for a PAN Card Online in Nepal?<\/strong><\/h2>\n\n\n\n<p>You can apply for a PAN card in Nepal in just a few easy steps through the Inland Revenue Department (IRD) portal.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step-by-Step Online PAN Registration:<\/strong><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Go to IRD Website<br><\/strong> Visit<a href=\"https:\/\/www.ird.gov.np\/\" target=\"_blank\" rel=\"noreferrer noopener\"> www.ird.gov.np<\/a>.<br><\/li>\n\n\n\n<li><strong>Open Taxpayer Portal<\/strong><strong><br><\/strong> Click on \u201cTaxpayer Portal\u201d &gt; \u201cRegistration (PAN, VAT, Excise)\u201d.<br><\/li>\n\n\n\n<li><strong>Start PAN Application<\/strong><strong><br><\/strong> Choose \u201cApplication for Registration\u201d and select the appropriate PAN type (Personal or Business).<br><\/li>\n\n\n\n<li><strong>Fill Application Form<\/strong><strong><br><\/strong> Enter personal\/business info: name, address, citizenship, contact number, etc.<br>Choose the nearest IRD office under \u201cVerifying Office\u201d.<br><\/li>\n\n\n\n<li><strong>Upload Documents<\/strong><strong><br><\/strong>\n<ul class=\"wp-block-list\">\n<li>Citizenship (JPG\/JPEG)<br>Note: Both sides need to be clearly seen in a single photograph.<\/li>\n\n\n\n<li>Passport-size photo<\/li>\n\n\n\n<li>For foreigners: Passport with valid visa and work permit.<br><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Submit &amp; Print Application<\/strong><strong><br><\/strong> After saving, submit the form and print the completed application.<br><\/li>\n\n\n\n<li><strong>Visit IRD Office<\/strong><strong><br><\/strong> Go to the chosen IRD office with citizenship. For ease you can tell the IRD representative the registration number.<br><\/li>\n\n\n\n<li><strong>Get Your PAN Card<\/strong><strong><br><\/strong> After verification, the IRD will issue your PAN number.&nbsp;<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Can I Register PAN Through Nagarik App?<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 1: Download Nagarik App <\/strong><\/h3>\n\n\n\n<p>App can be downloaded through Google Play Store for Android users and Apple App Store or iPhone users.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 2: Verify Your Identity<\/strong><\/h3>\n\n\n\n<p>To use the app, you need to verify who you are. You can use any one of these documents:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Citizenship Certificate<\/li>\n\n\n\n<li>Voter ID<\/li>\n\n\n\n<li>Driving License<\/li>\n\n\n\n<li>National Identity Card<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 3: Create Your Account<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Take a <strong>passport-size photo<\/strong> using your phone.<\/li>\n\n\n\n<li>Make sure the photo is clear and your face is fully visible.<\/li>\n\n\n\n<li>Use the photo to set up your Nagarik App account.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 4: Choose Your PAN Office<\/strong><\/h3>\n\n\n\n<p>Once your photo is verified, choose the <strong>nearest IRD office<\/strong> where your PAN application will be processed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 5: Fill Out the PAN Form and choose the nearest IRD office.<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\">Step 6: Get Your PAN Number<\/h3>\n\n\n\n<p>After everything is verified, your <strong>PAN number will be generated<\/strong>.<br>You can view it directly in the Nagarik App.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What Documents Are Required for PAN in Nepal?<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>For Individuals:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Copy of Citizenship Certificate<\/li>\n\n\n\n<li>Passport-size photo<\/li>\n\n\n\n<li>Passport (for foreign nationals)<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>For Businesses:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Business registration certificate<\/li>\n\n\n\n<li>Lease agreement (if renting)<\/li>\n\n\n\n<li>Citizenship of partners\/directors<\/li>\n\n\n\n<li>Office location map<\/li>\n\n\n\n<li>Company stamp (during submission)<br><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How Much Does It Cost to Get a PAN in Nepal?<\/strong><\/h2>\n\n\n\n<p><strong>It\u2019s completely FREE.<\/strong><strong><br><\/strong> No government fees are required for PAN registration, whether personal or business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why Do You Need a PAN Card in Nepal?<\/strong><\/h2>\n\n\n\n<p>A PAN card is important for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Jobs and tax filing<\/strong> \u2013 Required for employment and paying taxes.<\/li>\n\n\n\n<li><strong>Business transactions<\/strong> \u2013 Needed for issuing VAT bills and running a business legally.<\/li>\n\n\n\n<li><strong>Banking and loans<\/strong> \u2013 Helps open bank accounts and apply for loans.<br><strong>Tax refunds<\/strong> \u2013 Allows you to claim tax returns.<\/li>\n\n\n\n<li><strong>Avoiding penalties<\/strong> \u2013 Prevents legal fines for non-compliance.<\/li>\n\n\n\n<li><strong>Financial credibility<\/strong> \u2013 Builds your credit and trust with banks.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">FAQs&nbsp;<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. Is PAN mandatory for job holders in Nepal?<\/strong><\/h3>\n\n\n\n<p>Yes. Employers now require employees to have PAN numbers for salary payment.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Can foreign nationals apply for PAN in Nepal?<\/strong><\/h3>\n\n\n\n<p>Yes. Foreigners with business or income sources in Nepal must apply using their passport and visa.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. How long does PAN registration take?<\/strong><\/h3>\n\n\n\n<p>If documents are valid, you can get your PAN within a few hours of submission.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4. Can I update my PAN details later?<\/strong><\/h3>\n\n\n\n<p>Yes. You can visit the IRD office and fill the forms that are needed to be changed with the new and correct information.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5. <strong>Is PAN required for freelancers?<\/strong><\/h3>\n\n\n\n<p>Yes. Even self-employed individuals and freelancers must register for PAN.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Permanent Account Number (PAN) is a unique 9-digit identification number issued by Nepal\u2019s Inland Revenue Department (IRD). It is used to track the income and ensure the taxes are being paid at time. Think of it as a tax ID card, just like a citizenship card\u2014but for your financial identity. Whether you&#8217;re an employee, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4251,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pgc_sgb_lightbox_settings":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-4250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finlit"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/posts\/4250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/comments?post=4250"}],"version-history":[{"count":0,"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/posts\/4250\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/media\/4251"}],"wp:attachment":[{"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/media?parent=4250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/categories?post=4250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalimebank.com\/blog\/wp-json\/wp\/v2\/tags?post=4250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}