What is the meaning of the number entered on the PAN card, check it like this while sitting at home

New Delhi. Without a PAN number, transactions above Rs 50,000 cannot be done. It is very important to give PAN card to open an account in the bank. But do you know who issues it,

and what is the meaning of the 10 digit number recorded on the PAN card. You can get information about this 10 digits very easily from the smartphone. For this, an app has to be

installed in the smartphone. Apart from this, you can also understand the meaning of these numbers with the help of Paytm's website. PAN card is issued by the Income Tax

Department. It is also called Permanent Account Number. What are the types of PAN cardThere are two types of PAN card. Indian citizens fill form number 49A to get it done. Foreign

citizens can also get a PAN card, for this they will have to fill form number 49AA. A separate PAN card has been made for doing transactions in the name of any company. Which is

also called business PAN card in simple words. It is not necessary to be an adult to get a PAN card. Minor youth or students can also fill the form online and offline and get it

within 1 week only. Also read: Now this tiffin will automatically heat the food on your one voice, the price is also very low What is the meaning of 10 digits recorded on PAN

cardThere are 10 digits and letters in total on the PAN card. It always has 5 characters in the beginning. After this it consists of four digits, there is a letter at the end. All

the numbers and letters have different meanings. According to the Income Tax Department, the fourth letter gives information about what you are. P means Individual. Similarly C –

Company, H – Hindu Undivided, A – Union of People, B – Body of Individual, T – Trust, L – Local Authority, F – Firm, G – Government Agency, J – Judicial. Name

hidden in PAN numberThe fifth letter in the number entered on the PAN card is the first letter of the surname. For example, if someone's name is Ballu Kumar, then the fifth letter

will be K. After this there are 4 random numbers. In the end there is an alphabet. Information about the loan is available from the PAN card. Bank officials can find out very

easily about the PAN number not having an account in other banks. Using the PAN number, you can also check the credit score with the help of the website and Paytm app.