Link your Aadhaar with PAN by Mar 31, 2022

	Dear Saurabh Kumar, With regards to your account(s) held with ICICI Bank Limited (“ICICI Bank”). As per Section 139AA of the Income Tax Act (“Act”), 1961 and in accordance with the guidelines issued by the Central Board of Direct Taxes (“Guidelines”), dated Jun 27, 2017 and Mar 31, 2021, it is mandatory to link your Permanent Account Number (“PAN”) with your Aadhaar number. The last date to link the same is Mar 31, 2022. As per the information received from National Securities Depository Limited (NSDL) by ICICI Bank, your Aadhaar number and PAN are not linked as on Feb-22. As per the Guidelines and Act, if not linked by Mar 31, 2022, the PAN provided by you will become inoperative and will be de-mapped from your account. Failure to link the same will also attract a higher Tax Deducted at Source (TDS) rate on the interest earned and might also impact certain bank transactions, where the PAN is considered. TDS once deducted, cannot be refunded by the Bank under any circumstances. Also, Form 15G/H exemption submitted for the current financial year shall be revoked and a fresh Form 15G/H shall have to be submitted, post completion of the PAN - Aadhaar Linkage. Click here to check the status of the linkage of your PAN with Aadhaar. In order to avoid the consequences mentioned above, please link your PAN to your Aadhaar before Mar 31, 2022 in accordance with the Guidelines, by following one of the 3 easy ways suggested by the Government:   • Tax website Visit www.incometaxindiaefiling.gov.in and click on ‘Link Aadhaar’. • SMS Send UID PAN → Space → 12‐digit Aadhaar → Space → 10‐digit PAN to 567678 or 56161. For example: UIDPAN 123456789123 AAAPA1234P. • PAN Service Centre Visit the designated service center of PAN service providers like NSDL / UTIITSL (Go to PAN Card services and select PAN application centers.).   Click here to know more on how to link PAN with Aadhaar. Map the PAN again through RIB/ iMobile Pay with the update PAN option under Insta banking services, once linked with Aadhaar. Please ignore if already linked.   Sincerely, ICICI Bank Ltd.
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