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.
- "XXX": These first 3 letters are chosen randomly between AAA to ZZZ.
- "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
- "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.