Indian User Paypal (PAN)

Hi,

Can we withdraw the money or receive money to the paypal account without entering PAN? Let me know if any1 tried.

Regards,
Indian-SEO

 

Sorry, you can't be able to do so. You have to enter the PAN.

 

Yes, you can withdraw without PAN by checks. You need minimum $150 to withdraw. They arrive by US post and can take one week to arrive.

I would highly suggest you get PAN. It's required by most financial institutions in India.

 

Withdrawal through Check takes more time.

 

Is it possible to receive money from others to my paypal a/c without PAN.

 

Yes, you can receive money without PAN card in your account.

 

Its high risk as paypal may limit your account anytime to verify your CC and add PAN number.

 

From now you must have to add PAN and purpose code to withdraw money to bank a/c

Yes you can receive money from other without PAN ... if they are able to send..lol

 

You cant withdraw money to your Bank account without adding PAN card to your Bank account.Paypal has made compulsary of Adding PAN card to your Paypal account for withdrawing money to your bank account

 

Thanks for all.........

 

I dont have Pan card with me. Can i add my dad's pan card to my paypal account and withdraw money ?

 

yes you can add your dad's pan card to your paypal account if the bank details you entered are of your dad, otherwise NO

 

Will there be any tax redemptions or such when we add our PAN to our paypal ? will there be any issue in the future if we add PAN to our account ?

 

No, you can't save tax by adding PAN in your PayPal account. Adding PAN helps the Income Tax department to track your financial transactions. It's totally safe & secure to add PAN in your PayPal account.

 

guys i got the same add pan/ac number message some time back. i logged in yesterday and found my status verified. I didnt get any message to fill pan details.
I have already provided Banks detaails but i cant find any where in paypal if i have provided pan details.

Pls shed some light

 

I am affraid you wont be able to withdraw now you have to submit your PAN first

 

Where should I check to provide pan detals
I did not get any notification to fill them
atleast where should I check if I provided those details already or not

 

Apply for a pan card.

 

You cannot open or withdraw amount from paypal without giving pan if you are indian user

 

There is no need to fill it anywhere. Just while withdrawing there is one box which asks about PAN. You need to fill that box with 10 digit PAN.