Ever wondered what does the number printed on your PAN (Permanent Account Number) says? Many of us don't know how to decode the pattern of 10-digit alphanumeric number. It's a code which contains some important information about the PAN holder.

To understand what does this code mean, we'll take this PAN number “XXXPS 9999 A” and break it into 5 parts.

1. "XXX": These first 3 letters are chosen randomly between AAA to ZZZ.
2. "P": The fourth character represents the status of an individual. For example: a)"P" for Person                                                                                                               b)“H” for Hindu Undivided Family (HUF)                                                                 c)“C” for Company                                                                                                           d)“T” for Trusts                                                                                                          e)"G" stands for Government Agency
3. "S”: It represents the first character of your last name (in case of an individual). For example, "S" could be for Singh.

In case of non-individual, the fifth character represents the first letter of your first name.

4. "9999": The next 4 letters of your PAN are sequential numbers running from 0001 to 9999.

5. "A": The last character of your PAN is always alphabetic based on the formula which takes into account the first nine characters.

We hope that you got your PAN number now.