Our situation was a little different. My son didn't have any investments or taxable income, so we didn't apply for a PAN card until he was older.
When we later opened an investment account, the bank informed us that a PAN card would simplify the process. Looking back, I think it depends on why you need it rather than the child's age.
I'd still confirm the exact document list with the PAN service provider because acceptable documents can change over time.
I applied for a PAN card for my 9-year-old daughter last year because we wanted to invest in mutual funds in her name.
The application was fairly straightforward. We submitted her birth certificate as proof of date of birth, a copy of her passport for identity, and my PAN card since I signed as her representative. She didn't have to sign anything herself because she was a minor.
From my experience, a child doesn't automatically need a PAN card just because they're under 18. We only applied because the investment platform required it.
Yes, if a minor is holding any investments or in the name of minors as a nominee, to if they have any financial transactions. You can easily apply for a minor PAN card through the Official NSDL website, and select New PAN Indian citizen form 49A for indian nationals and Form 49AA for foreign nationals, and select the mode of submission, enter all the minor details like parents' details, and address with contact number. Upload photos of the minor and pay the fees. After payment, you will get an acknowledgment number. Fill in all the details, and apply. And you will get your minor PAN in just 15-20 working days.
Yes, if minors have a bank account like Sulkanya Yojna or Phela Kadam, then it is mandatory to apply for a PAN card for minors, as they use their PAN card for doing smooth financial transactions.
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One thing I'd add is that many people confuse "not mandatory" with "not useful."
A minor can have a PAN card even if they don't earn an income. It can be required for certain financial transactions, investments, or if the child has taxable income in specific situations. The parent or legal guardian usually acts as the representative for the application.
Since every financial institution has its own documentation checks, it's worth confirming their requirements before submitting the application.